Indoor mall visits grew by 6.4% year-over-year during November, while open-air shopping center visits were up 4.8% and outlet mall visits were up 3.8%, according to Placer.ai. Traffic during the Black Friday weekend – including Friday, Saturday and Sunday – was up 6%...
Amazon Prime Air in November launched its most advanced delivery drone in Arizona’s West Valley Phoenix Metro Area and College Station, TX, after an aerospace design and verification process resulted in a vehicle that can travel two times farther and is significantly...
Although Restoration Hardware third-quarter earnings were a bit below analyst expectations, the retailer turned to profit in the period year over year while revenues beat a Wall Street forecast. Net income was $33.2 million, or $1.66 per diluted share, versus a net...
Costco posted another strong quarter with solid comparable sales and earnings increases as nonfoods revenue, including home furnishings, health and beauty aids, luggage and hardware, gained. Net income for the quarter was $1.8 billion, or $4.04 per diluted share,...
Ollie’s recorded a third-quarter earnings gain that topped Wall Street estimates, but the company missed on revenue as comparable sales declined. Ollie’s also confirmed a planned chief executive officer transition from John Swygert to Eric van der Valk is on...
