by Mike Duff | Aug 3, 2023 | Retail Articles
With an eye to increasing momentum, Wayfair gained traction on its turnaround strategy in the second quarter, posting adjusted profits among its better results and easily beating Wall Street estimates. Net loss was $46 million, or 41 cents per diluted share, versus a...
by Mike Duff | Jul 25, 2023 | Retail Articles
Although earnings slipped year over year, Albertsons beat Wall Street estimates for the first quarter driven by a gain in identical sales, even if inflation was part of the increase. Net income was $417.2 million, or 72 cents per diluted share, versus $484.2 million,...
by Mike Duff | Mar 21, 2023 | Retail Articles
In Engagement Labs’ TotalSocial Most Loved Brands this year the strong response to one retailer’s offline presence may not surprise anyone, but the appearance of another in the online top 10 might catch some unaware. Engagement Labs, which monitors online...
by Mike Duff | Feb 23, 2023 | Retail Articles
Wayfair CEO Niraj Shah, in announcing the company’s year-over-year loss increased and revenue slipped year in the fourth quarter, said the retailer had adjusted operations for greater efficiency and to generate better results. Wayfair CEO Niraj Shah, in...
by Mike Duff | Feb 23, 2023 | Retail Articles
With a change in focus to a home-only assortment and headwinds from consumer behavior changes and general economic conditions, Overstock suffered a loss for the fourth quarter, but the online retailer managed an adjusted net income gain for the full fiscal year...
