by Mike Duff | Jan 27, 2025 | Retail Articles
The Coresight Research Holiday Wrap Up noted store traffic during the holiday season was often up at major retail chains and shopping centers with deals driving most purchase decisions. The increase in store traffic occurred generally in the discount store and...
by Mike Duff | Jan 23, 2025 | Retail Articles
Amazon, Costco and UPS have the best corporate reputation among the biggest listed companies in the United States in 2024, just ahead of well-respected brands such as FedEx and Lowe’s, according to Caliber, a stakeholder intelligence company. Retailers dominated the...
by Mike Duff | Jan 9, 2025 | Retail Articles
For the fiscal month of December, Costco Wholesale Corp. posted net sales of $27.52 billion, up 9.9% from the year-earlier period. Comparable sales, with the effect of changes in gasoline prices and foreign exchange excluded, were up 9.9% versus the fiscal month a...
by Chandler Harvey | Dec 20, 2024 | Retail Articles
Retail took some surprising twists in 2024, as the view forward from 2023 didn’t reveal how the way forward would have so many twists and turns. Of course, some developments fell into old patterns and some weaker retailers fell by the wayside. Meanwhile, an...
by Mike Duff | Dec 13, 2024 | Retail Articles
Costco posted another strong quarter with solid comparable sales and earnings increases as nonfoods revenue, including home furnishings, health and beauty aids, luggage and hardware, gained. Net income for the quarter was $1.8 billion, or $4.04 per diluted share,...