by Mike Duff | May 18, 2022 | Featured News, Retail Articles
Inflation, changing consumer preference and supply chain issues pressured Target’s first-quarter earnings even as comparable sales gained and overall revenues did better than Wall Street anticipated. Net earnings were $1.01 billion in the quarter, or $2.16 per...
by Chandler Harvey | Apr 19, 2022 | Food Storage, Home + Housewares, Retail Articles
Kroger has partnered with PackIt, known for its cooling technology in lunch bags, to use PackIt’s Fresh Freezable EcoFreeze Totes to keep curbside pickup and delivery orders fresh for customers. The PackIt Fresh mobile refrigeration system was designed to create...
by Mike Duff | Apr 8, 2022 | Retail Articles
According to Mastercard SpendingPulse, total March retail sales — including in-store and online numbers across all forms of payment but excluding auto — increased 8.4% year-over-year and 18% compared to pre-pandemic spending in 2019, not adjusted for inflation. The...
by Mike Duff | Apr 8, 2022 | Retail Articles
Costco made a strong showing in March with double-digit comparable store gains. Costco comps without the effects of fuel price and foreign exchange volatility increased 12.2% in March year over year, with the United States up 12.7%, Canada up 12.2% and Other...
by Mike Duff | Apr 6, 2022 | Retail Articles
JCPenney is rolling out a “Shopping is Back!” integrated marketing initiative developed to give consumers a fresh, brand-oriented look at the company in stores and online. The retailer characterizes the initiative as a celebration of shopping and the...
