Specialty value retailer Citi Trends announced significant sales gains in the holiday selling period and provided a growth outlook moderated somewhat by January sales slowed by the COVID-19 surge, according to the company. Citi Trends describes itself as a “specialty...
Big Lots, in a statement providing a fourth-quarter outlook, also offered a long-range growth plan that includes the addition of 500 stores and a margin plan that details a significant value-creation opportunity over the coming years. In doing so, Big Lots...
Mastercard SpendingPulse reported December retail sales closed strong in a robust holiday season that saw gains in stores and online while providing direction on trends likely to drive the sector in the year ahead. SpendingPulse, which measures in-store and online...
Imports at the nation’s major retail container ports should return to normal growth rates in 2022, but volumes will remain high, according to the monthly Global Port Tracker report from the National Retail Federation and Hackett Associates. Besides the prospect of...
The ongoing COVID-19 pandemic helped drive Walgreens Boots Alliance to a Wall Street beat on earnings and sales in the first fiscal quarter, with a strong retail performance partly attributable to coronavirus testing and vaccinations. In the course of a first-quarter...
