by Mike Duff | Aug 6, 2021 | Featured News, Furniture, Retail Articles
Wayfair sales and earnings slipped in the second quarter, but the e-tailer pointed out that the recent results were stronger than in the pre-pandemic period in 2019. Wayfair net income was $130.4 million, or $1.14 per diluted share, versus $273.9 million, or $2.54 per...
by Mike Duff | Aug 6, 2021 | Retail Articles
Costco continued to enjoy strong comparable store sales increases during July, even as the COVID-19 crisis entered a less dire, if still dicey, phase for shopping at retailers, For the fiscal July period, Costco Wholesale Corp. posted net sales of $15.21...
by Mike Duff | Aug 2, 2021 | Retail Articles
Meijer sees self-expression as a key driver in back-to-school sales in the early part of the sales season and continuing as students and parents check items off their shopping lists this summer. Enthusiasm for a classroom return has consumers shopping earlier with a...
by Mike Duff | Jul 30, 2021 | Featured News, Retail Articles
Amazon beat a Wall Street earnings estimate for the second quarter but came in short of a sales estimate despite substantial revenue gains. For the second quarter, Amazon posted a net income of $7.78 billion, or $15.12 per diluted share, compared with $5.24 billion,...
