by Mike Duff | May 17, 2022 | Retail Articles
Despite a stronger than expected sales gain in the first fiscal quarter, Walmart missed a Wall Street analyst consensus estimate on income as inflation, a temporary labor imbalance and supply chain costs took dollars off the bottom line. Walmart posted company net...
by Mike Duff | May 13, 2022 | Retail Articles
Dollar Tree has announced a pair of executive leadership additions. John Flanigan has joined Dollar Tree as chief supply chain officer, and Larry Gatta has joined as chief merchandising officer for the Family Dollar banner, the company stated. Flanigan most recently...
by Mike Duff | May 11, 2022 | Retail Articles
Ports in the United States covered by Global Port Tracker handled a record 2.34 million Twenty-Foot Equivalent Units – one 20-foot container or its equivalent – in March, the latest month for which final numbers are available. The March figure was up 10.8% from...
by Mike Duff | May 6, 2022 | Retail Articles
In the second quarter, Sally Beauty came up short of Wall Street sales and earnings estimates as supply chain, inflation and stimulus factors weighed. Second-quarter net earnings were $46.8 million, or 42 cents per diluted share, versus $38.3 million, or 34 cents per...
by Mike Duff | May 6, 2022 | Featured News, Retail Articles
Wayfair announced that it had a first-quarter loss as it adjusts to an environment where the COVID-19 pandemic is a lesser factor and other macroeconomic and political developments are pressuring operations. In addition, Wayfair announced that Michael Fleisher will be...
