by Mike Duff | Aug 31, 2022 | Featured News, Retail Articles
Bed Bath & Beyond released a strategic update focused on changes to meet customer demand, drive growth and profitability, and improve its balance sheet and cash flows as the company reported on changes to the executive suite, a refocus on national brands, buybuy...
by Mike Duff | Aug 18, 2022 | Retail Articles
Kohl’s Corp. posted lower second-quarter sales and earnings as core customers realign spending amid macro economic conditions. The retailer, meanwhile, announced it plans to expand its Sephora offering to all stores. Kohl’s net income was $143 million, or 1.11...
by Mike Duff | Aug 16, 2022 | Featured News, Retail Articles
Walmart put up solid numbers in its second quarter after moves to cut costs and shift emphasis as consumer spending patterns changed under the influence of inflation. Walmart net income was $5.15 billion, or $1.88 per diluted share, versus $4.28 billion, or $1.52 per...
by Mike Duff | Jul 13, 2022 | Retail Articles
At a time when major retailers are introducing initiatives to build firmer customer relationships, The Kroger Co. is launching a paid extension of its existing free loyalty program. Boost by Kroger provides customers unlimited free grocery delivery on orders of $35 or...
by Mike Duff | Jun 1, 2022 | Featured News, Retail Articles
A new First Insight report, The State of Consumer Spending: Inflation Impacting Consumer Confidence indicates that consumers are coping with the rapidly rising costs of everything from gasoline to groceries but are becoming increasingly uncertain about prospects for...