by Mike Duff | Apr 18, 2022 | Retail Articles
The fourth quarter saw Rite Aid Corp. take a bigger-than-expected loss, although revenues edged out a Wall Street estimate. Rite Aid posted a net loss from continuing operations in the quarter of $389.1 million, or $7.18 per diluted share, versus a loss from...
by Mike Duff | Feb 16, 2022 | Retail Articles
The InMarket Insights Q4 2021 Consumer Loyalty Report shows Walmart generated the most consumer loyalty among the top 5 big-box stores. The market researcher used location tracking data to determine Walmart was number one followed by Meijer, Fred Meyer, Target and...
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 13, 2021 | Featured News, Retail Articles
In a letter to Congressional leadership, 20 CEOs of leading retailers expressed urgent concern over the growing impact of organized retail crime on retail employees and communities across the United States, according to a statement from the Retail Industry Leaders...
by Mike Duff | Nov 9, 2021 | Retail Articles
With delivery drivers in short supply, Walmart announced that it is operating robotic delivery from a “dark store” to a Neighborhood Market, and Uber revealed a partnership that will lead to it using automated vehicles for delivering goods to consumer...
