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...
by Mike Duff | Mar 14, 2022 | Retail Articles
Macy’s, in a move to onboard an executive who has been focused on Generation Z, has announced that Emily Erusha-Hilleque has joined the company as senior vp for Macy’s private brands. Erusha-Hilleque will lead Macy’s own-brands design organization, including...
by Mike Duff | Mar 5, 2022 | Featured News, Retail Articles
People are spending more time than ever in the kitchen, Crate & Barrel noted, and that presented an opportunity to help customers use the space better, resulting in its development of a new private label cookware line. By developing and incorporating materials...