by Mike Duff | Nov 19, 2021 | Retail Articles
Ace Hardware Corp. set a revenue and an earnings record in the third quarter. The cooperative posted a record net income of $99.3 million for the quarter, up to $600,000 from the year-before period, according to Ace. Retail comparable sales in the United States...
by Mike Duff | Nov 18, 2021 | Featured News, Retail Articles
Macy’s announced plans to add a curated online marketplace to build on the company’s existing e-commerce business as it posted third-quarter financial results that exceeded expectations. The new marketplace will significantly expand Macy’s assortment in existing...
by Mike Duff | Nov 17, 2021 | Retail Articles
For the third quarter, Lowe’s Cos. pointed to strong sales and earnings gains and, in a conference call, announced a partnership with AARP to provide products and services for consumers who want to age in their own homes. The company reported net earnings of...
by Mike Duff | Nov 17, 2021 | Featured News, Retail Articles
After beating Wall Street estimates on sales and earnings, Target Corp. stated in a conference call that, despite inflationary pressures and supply chain bottlenecks, the company is prepared for the upcoming holiday season with a solid inventory position. The company...
by Mike Duff | Nov 16, 2021 | Featured News, Retail Articles
Even with COVID-19 lingering and related marketplace challenges affecting operations, Walmart enjoyed a strong third quarter that saw it build momentum, president and CEO Doug McMillion declared. For the quarter, Walmart posted a company net income of $3.11 billion,...