by Mike Duff | Mar 5, 2024 | Featured News, Retail Articles
Fourth-quarter results signal gains ahead for Target, despite lower-than-expected sales for the period, Target Chairman and CEO Brian Cornell told participants in the company’s annual investment community event. Net earnings for the 14-week fourth quarter were $1.38...
by Mike Duff | Jan 25, 2024 | Retail Articles
Retail CFOs have a positive outlook for the year ahead, according to a study by business services provider BDO, but are cautious as revenue expectations decrease while profitability expectations increase. So, to boost profitability at a time when consumers who might...
by Mike Duff | Jan 23, 2024 | Retail Articles
The American Customer Satisfaction Index set record high at 77.8 in the 2023 fourth quarter, up from a 2022 low of just under 73, which was its deepest dive since 2002. Happy customers are likely to spend more, and the organization pointed out that the economy in the...
by Mike Duff | Jan 16, 2024 | Retail Articles
After absorbing the effects of the COVID-19 pandemic and subsequent inventory challenges, executives surveyed are focused on fine-tuning their supply chains and taking advantage of the latest tools and strategies for mitigating future turbulence, Carl Marks...
by Mike Duff | Jan 15, 2024 | Retail Articles
Lowe’s Cos. is promoting general merchandising leader Margi Vagell to executive vice president, supply chain. Vagell (pictured above) will succeed Don Frieson, who has been executive vice president, supply chain since 2018 and is set to retire April 1, according...
