by Mike Duff | May 30, 2023 | Retail Articles
In the first fiscal quarter, Ulta Beauty recorded a strong comparable sales gain based on increased traffic as it beat Wall Street sales and earnings estimates. Ulta posted net sales of $347.1 million, or $6.88 per diluted share, versus $331.4 million, or $6.30 per...
by Mike Duff | May 17, 2023 | Featured News, Retail Articles
In the first quarter, Target Corp. shoppers visited stores more but spent less per visit for softer year-over-year earnings and flat comparable sales during a period still strong enough for Target to top Wall Street estimates. The company is adjusting operations to...
by Mike Duff | Mar 29, 2023 | Retail Articles
Target Corp. has launched its Easter promotion, a home products sale and The Spring Designer Collection featuring three women-founded brands: Agua Bendita, Fe Noel and Rhode. Target’s latest seasonal surge includes Easter Gifting for kids with items ranging from toys...
by Mike Duff | Mar 20, 2023 | Retail Articles
Nordstrom has announced plans to open a pair of its off-price Nordstrom Rack locations, one in San Antonio, TX, the other in Natomas in California’s Central Valley. In San Antonio, the 35,000 square-foot store will operate in Northwoods, a shopping center that...
by Mike Duff | Feb 28, 2023 | Retail Articles
Although it produced mixed results, Target still did better in the fourth quarter than Wall Street expected. For the fourth quarter, Target recorded net earnings of $876 million, or $1.89 per diluted share, the company noted, versus $1.54 billion, or $3.21 per diluted...
