Costco Wholesale Corp. reported net and comparable sales gains highlighted by strong e-commerce results for its fiscal July period. Non Foods sales also showed strength at Costco during the four-week period ended August 4, the company reported. Net sales were $19.26...
Best Buy is repositioning the customer-facing part of the business, including promoting a new tagline, Imagine That, introducing fresh advertising and enhancing the service offering, to better serve the range of shoppers in the way they want and reemphasize the thrill...
For summer 2024, Macy’s has rolled out a seasonal promotional campaign with a musical theme and product options from sunglasses to cookware. The new campaign, Summer’s Greatest Hits, celebrates the beginning of the season and will include digital and in-store...
Target first-quarter earnings declined year over year, disappointing Wall Street. However, the company’s chair and CEO, Brian Cornell, said that recent moves, including price cuts the company has been rolling out, position it for a return to growth. Net earnings were...
Despite a decline in do-it-yourself shopper sales, Lowe’s managed to beat Wall Street estimates for earnings and revenues in the first quarter. Net earnings were $1.76 billion, or $3.06 per diluted share, versus $2.26 billion, or $3.77 per diluted share, in the...
