Costco Makes Strides in September

Costco Makes Strides in September

In September, Costco Warehouse Corp. kept posting strong comparable store sales, and, although down from peak COVID-19 pandemic increases, e-commerce continued almost double-digit advances. Overall, Costco reported net sales of $19.5 billion for the retail month of...
Bed Bath & Beyond Stumbles in Q2

Bed Bath & Beyond Stumbles in Q2

Bed Bath & Beyond showed a loss in the second quarter as COVID-19 and marketing missteps hurt it as well as supply chain and cost issues. The company posted a net loss of $73.2 million, or 72 cents per diluted share, versus net income of $217.9 million, or $1.75...
NRF: Halloween Looks To Be Sweet This Year

NRF: Halloween Looks To Be Sweet This Year

Retailers should be able to scare up some pretty good sales this Halloween as consumer spending on holiday items could reach an all-time high of $10.14 billion, up from $8.05 billion in 2020, according to the National Retail Federation’s annual survey conducted by...
Rite Aid Q2 Loss Increases

Rite Aid Q2 Loss Increases

Net loss increased at Rite Aid, but it still managed to beat a Wall Street estimate for second-quarter results. For the quarter, Rite Aid reported a company net loss from continuing operations of $100.3 million, or $1.86 per share, versus $13.2 million, or 25 cents...

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