As consumers changed their shopping patterns in a market less threatened by COVID-19, Wayfair took a step back in both revenues and earnings during the third quarter, although profits did beat a Wall Street estimate. Net loss was $78 million, or 75 cents per diluted...
In October, manufacturing sector economic activity grew, achieving a 17th consecutive month of gains, according to the latest Institute for Supply Management Manufacturing Report, but raw material and transportation challenges remain potential headwinds to further...
Despite headwinds including supply chain challenges, labor shortages and inflation, National Retail Federation president Matthew Shay said in a press event introducing the NRF holiday forecast that “very, very strong” momentum based on consumer spending has the...
Walmart headquarters workers are headed back to the office as the company balances innovation and culture. After time working at home, which began as accommodate to COVID-19 pandemic risks and not long after the retailer opened a newly configured headquarters campus,...
Traffic tracking market research firm Placer.ai did an analysis of Target’s Deal Days promotion, October 10 through 12, and came away with a positive impression even versus the most recent comparable period unaffected by the COVID-19 pandemic. A comparison of daily...
