by Mike Duff | Dec 22, 2021 | Featured News, Retail Articles
Rite Aid, reconfiguring operations to deal with an evolving market, posted a net loss for the third quarter, acquired the 67-store Bartell Drug chain, announced the closure of 63 Rite Aid locations and advanced comparable sales in its front-end business. For the third...
by Mike Duff | Dec 10, 2021 | Retail Articles
In its first fiscal quarter, Costco Wholesale Corp. was able to deal with supply chain issues successfully while also expanding e-commerce associated services and beating Wall Street estimates, the company stated. The company posted a net income of $1.32 billion, or...
by Mike Duff | Dec 6, 2021 | Retail Articles
Costco Wholesale Corp. for the fiscal month of November posted comparable sales, sans the effects of fuel price and foreign exchange volatility, up 9.2% with comps in the United States up 9.1%, in Canada up 7.6%, and in Other International regions up 11.3%. E-commerce...
by Mike Duff | Dec 3, 2021 | Retail Articles
For the third quarter, Ulta Beauty easily exceeded Wall Street profit and revenue estimates as lesser COVID-19 concerns helped boost sales, and it launched initiatives that included launching operations at Target stores. Net income came in at $215.3 million, or $3.94...
by Mike Duff | Dec 3, 2021 | Retail Articles
Macro pressures led to a third-quarter loss for Big Lots, but the company stated that it is well-positioned for the holiday season. The company posted a net loss of $4.3 million, or 14 cents per diluted share, for the quarter versus net income of $29.9 million, or 76...
