by Mike Duff | Sep 7, 2023 | Retail Articles
Ubique Group, a merchandiser of furniture and décor, has teamed up with Martha Stewart to launch a new line of home office products including furniture and storage. The 112-piece collection consists of commercial-quality office furniture in an assortment of styles and...
by Mike Duff | Aug 15, 2023 | Retail Articles
Retail sales reversed their downward trend in July as Amazon Prime Day and major promotions by other brands prompted more shopping while wage increases gave consumers more money to spend, according to the National Retail Federation. The United States Census Bureau has...
by Mike Duff | Aug 9, 2023 | Retail Articles
Amazon is planning a fall Prime Day event in October 2023, as announced by Doug Herrington CEO, Worldwide Amazon Stores. Herrington announced the event on LinkedIn, but Amazon repeated the announcement on its website, confirming that the October Prime Day event will...
by Mike Duff | Aug 9, 2023 | Retail Articles
Although iRobot Corp. second-quarter earnings slipped, the company managed to beat a Wall Street estimate as it continues to await the conclusion of its merger with Amazon. Net loss was $80.8 million, or $2.93 per diluted share, versus $43.4 million, or $1.60 per...
by Mike Duff | Aug 4, 2023 | Retail Articles
In the second quarter, Amazon posted strong earnings even as its overall and product sales advanced. Amazon’s net income was $6.75 billion, or 65 cents per diluted share, compared with a net loss of $2.03 billion, or 20 cents per diluted share, in the 2022...
