by Mike Duff | Nov 22, 2021 | Featured News, Retail Articles
Although feeling some pressure from the COVID-19 pandemic, labor and transportation issues, Ross Stores still managed to post a double-digit third-quarter comparable store sales gain versus the 2019 period and higher earnings as well. Ross Stores posted diluted...
by Mike Duff | Nov 19, 2021 | Retail Articles
Ace Hardware Corp. set a revenue and an earnings record in the third quarter. The cooperative posted a record net income of $99.3 million for the quarter, up to $600,000 from the year-before period, according to Ace. Retail comparable sales in the United States...
by Mike Duff | Nov 18, 2021 | Featured News, Retail Articles
Macy’s announced plans to add a curated online marketplace to build on the company’s existing e-commerce business as it posted third-quarter financial results that exceeded expectations. The new marketplace will significantly expand Macy’s assortment in existing...
by Mike Duff | Nov 18, 2021 | Featured News, Retail Articles
The third quarter was a good one for TJX Cos., which now is focused on promoting itself as a holiday gift destination with plenty of choices for gift-giving shoppers. The company posted net income in the quarter ended October 30 of $1.02 billion, or 84 cents per...
by Mike Duff | Nov 17, 2021 | Retail Articles
For the third quarter, Lowe’s Cos. pointed to strong sales and earnings gains and, in a conference call, announced a partnership with AARP to provide products and services for consumers who want to age in their own homes. The company reported net earnings of...