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ISM: Services Sector Slipped in March But Still in Growth Territory

ISM: Services Sector Slipped in March But Still in Growth Territory

by Mike Duff | Apr 10, 2023 | Retail Articles

According to the Institute for Supply Management Report on Business, the services Purchasing Managers Index fell to 51.2% from 55.1% in March, but the sector remained in growth territory. Readings above 50% indicated sector growth. The services sector has grown in 33...
Walmart Building Up Supply Chain, Anticipating Financial Gains

Walmart Building Up Supply Chain, Anticipating Financial Gains

by Mike Duff | Apr 5, 2023 | Retail Articles

Walmart, in kicking off its two-day 2023 investment community meeting, stated that it is investing to develop an unparalleled next-generation supply chain network of stores, clubs and fulfillment centers and driving future global growth opportunities across its...
At Home Drops Prices As Supply Chain Pressure Lessens

At Home Drops Prices As Supply Chain Pressure Lessens

by Mike Duff | Mar 23, 2023 | Retail Articles

After consideration of lower supply chain costs, At Home has announced thousands of permanent price drops on items including furniture, rugs, and décor. The company stated that, after supply chain costs rose over $300 million between 2021 and 2022, At Home has found...
ISM: Services Sector Slipped in March But Still in Growth Territory

Study: Retailers Boosting Automation, AI Deployment

by Mike Duff | Mar 21, 2023 | Retail Articles

A study from market research and insights firms Incisiv and Verizon Business reveals retailers are prioritizing investments in technologies that improve operational efficiency to reduce costs and increase profitability. The recently released 2023 Connected Retail...
Williams-Sonoma Q4 Beats on Earnings As Comps Slip Slightly

Williams-Sonoma Q4 Beats on Earnings As Comps Slip Slightly

by Mike Duff | Mar 16, 2023 | Featured News, Retail Articles

Williams-Sonoma, conceding a difficult fourth quarter, still managed to make some headway in the period and fiscal year, with the last frame beating a Wall Street earnings estimate even as revenues came up short. Net earnings were $355 million, or $5.28 per diluted...
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