by Mike Duff | Apr 8, 2025 | Retail Articles
Soft retail results hit Walgreens Boots Alliance, as second-quarter earnings declined and revenues increased, but both exceeded Wall Street estimates. Company net loss was $2.85 billion, or $3.30 per diluted share, versus a company net loss of $5.91 billion, or $6.85...
by Mike Duff | Apr 7, 2025 | Retail Articles
The 15th edition of its annual LexisNexis True Cost of Fraud Study: E-commerce and Retail Report, U.S. and Canada Edition indicated that the impact of bad actors is a growing challenge, with merchants in the United States incurring an average cost of $4.61 for every...
by Mike Duff | Apr 7, 2025 | Retail Articles
Restoration Hardware’s fourth-quarter financial results improved but fell short of Wall Street expectations. The company asserted that its momentum has been solid despite a down housing market. Net income was $13.9 million, or 69 cents per diluted share, versus...
by Mike Duff | Apr 7, 2025 | Retail Articles
As the company continues to expand its design centers in the Golden State, Ikea has opened new Plan and Order Points with Pick-up in Colma and Thousand Oaks, CA. The stores offer ordering, design and pick-up services without stocking product, which is otherwise...
by Mike Duff | Apr 4, 2025 | Retail Articles
Discount retailer Variety Wholesalers has announced the first wave of openings for newly acquired Big Lots locations. Variety Wholesalers acquired 219 Big Lots stores out of bankruptcy. Although Variety Wholesalers advised the reopened locations won’t be fully...
