by Mike Duff | Jan 7, 2022 | Retail Articles
The ongoing COVID-19 pandemic helped drive Walgreens Boots Alliance to a Wall Street beat on earnings and sales in the first fiscal quarter, with a strong retail performance partly attributable to coronavirus testing and vaccinations. In the course of a first-quarter...
by Mike Duff | Jan 6, 2022 | Retail Articles
Costco Wholesale Corp. rolled on through its five-week fiscal December when it generated double-digit comparable store sales results. Company comparable sales, excluding fuel and foreign exchange rate volatility, gained 11.5% in the period year over year, with comps...
by Mike Duff | Jan 6, 2022 | Featured News, Retail Articles
In a tough third quarter roiled by transitional initiatives, supply chain issues and macroeconomic effects, Bed Bath & Beyond posted a net loss of $276.4 million, or $2.78 per diluted share, versus a net loss of $75.4 million, or 61 cents per diluted share, in the...
by Mike Duff | Dec 22, 2021 | Featured News, Retail Articles
Rite Aid, reconfiguring operations to deal with an evolving market, posted a net loss for the third quarter, acquired the 67-store Bartell Drug chain, announced the closure of 63 Rite Aid locations and advanced comparable sales in its front-end business. For the third...
by Mike Duff | Dec 16, 2021 | Retail Articles
Ollie’s Bargain Outlet Holdings announced that Mario Sampson has joined the company as svp/supply chain. The appointment follows on the release of Ollie’s third quarter financial results. Sampson will supervise the supply chain function including domestic and...
