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Amazon Spotlights Economic Contributions As Market Mulls FTC Suit

Amazon Spotlights Economic Contributions As Market Mulls FTC Suit

by Mike Duff | Sep 29, 2023 | Featured News, Retail Articles

Amazon, in a blog post, touts the benefits its business brings to the United States economy. The blog post comes two days after the United States Federal Trade Commission filed an antitrust lawsuit against Amazon about which market observers have begun to speculate....
Agreement Halts “Catastrophic” U.S. Rail Strike

Agreement Halts “Catastrophic” U.S. Rail Strike

by Mike Duff | Sep 15, 2022 | Retail Articles

Things looked grim on the transportation front when Amtrak announced on September 14 that it had suspended long-distance passenger service for September 15 and the National Retail Federation issued a warning about the crippling impact of a nationwide rail strike...
Report Suggests Economy Growing but Inflation May Ease

Report Suggests Economy Growing but Inflation May Ease

by Mike Duff | Jan 5, 2022 | Retail Articles

Economic activity in the manufacturing sector grew in December, but at a slower rate than in November, which some observers believe signals that inflation as it has been affecting the United States economy lately may have peaked. According to the latest Institute for...
Burlington Beats Street In Q3 Despite Supply Chain Pressure

Burlington Beats Street In Q3 Despite Supply Chain Pressure

by Mike Duff | Nov 24, 2021 | Featured News, Retail Articles

Freight and supply chain pressures hit the bottom line at Burlington Stores in its third quarter ended October 30 despite a double-digit comparable sales gain. Third-quarter net income was $13.6 million, or 20 cents per diluted share, versus $8 million, or 12 cents...
Ross Beats Wall Street Estimates Despite Macro Pressures

Ross Beats Wall Street Estimates Despite Macro Pressures

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...
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