by Mike Duff | May 1, 2025 | Retail Articles
Wayfair’s first-quarter earnings beat Wall Street expectations as the home furnishings retailer addressed how tariffs would affect the business. In the quarter, net loss was $113 million, or 89 cents per diluted share, versus $248 million, or $2.06 per diluted...
by Mike Duff | May 1, 2025 | Retail Articles
As its relationship with Beyond evolves and China tariffs loom, Kirkland’s expressed optimism about the future as the retailer topped a Wall Street earnings estimate while posting comparable sales gains in bricks-and-mortar locations. Net income was $7.9 million, or...
by Mike Duff | Apr 30, 2025 | Retail Articles
The United States Bureau of Economic Analysis reported real gross domestic product decreased at an annual rate of 0.3% in 2025’s first quarter. In the 2024 fourth quarter, the bureau’s real GDP reading increased 2.4%. The first quarter decrease in real GDP reflected...
by Mike Duff | Apr 29, 2025 | Retail Articles
Amazon is touting preparations for Prime Day 2025 and a new partnership with luxury retailer Saks, amid reports that sellers are bowing out of Prime Day due to tariffs and pressure from the White House to halt a plan to list tariff changes in product pricing on the...
by Peter Giannetti | Apr 28, 2025 | Trade Shows & Associations
Dallas Market Center, which operates gift, home and apparel wholesale markets, announced a new initiative to support independent retailers in their efforts to mitigate the impact of escalated tariffs on Chinese imports. DMC reported the core message of the campaign —...
