by Mike Duff | Nov 18, 2021 | Featured News, Retail Articles
The third quarter was a good one for TJX Cos., which now is focused on promoting itself as a holiday gift destination with plenty of choices for gift-giving shoppers. The company posted net income in the quarter ended October 30 of $1.02 billion, or 84 cents per...
by Mike Duff | Nov 11, 2021 | Retail Articles
The 2021 fiscal third quarter compared well against the 2020 and 2019 periods, Dillard’s pointed out. Dillard’s posted net income of $197.3 million, or $9.81 per share, versus $31.9 million, or $1.43 per share, for the prior-year third quarter. Dillard’s beat a...
by Mike Duff | Nov 8, 2021 | Featured News, Retail Articles
NuOrion Advisors, a Macy’s shareholder, insisted in a recent letter to Macy’s Chairman and CEO Jeffrey Gennette that the retailer form a Digital Special Committee to evaluate and solicit proposals from private equity firms to make a strategic investment in...
by Mike Duff | Nov 4, 2021 | Retail Articles
The National Retail Federation expressed confidence in its forecast for record holiday season growth, but the organization is looking at the long-term and the health of infrastructure in the United States. “There are several factors coming together to have a major...
by Mike Duff | Nov 4, 2021 | Retail Articles
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...
