by Mike Duff | May 23, 2023 | Retail Articles
Erosion in demand for high-end furniture helped drive declines in sales and income at Williams-Sonoma but adjusted earnings per share managed to beat a Wall Street estimate. Net earnings were $156.5 million, or $2.35 per diluted share, versus $254.1 million, or $3.50...
by Mike Duff | May 23, 2023 | Retail Articles
Cloudinary, an image and video platform, released the results of its first global e-commerce survey. demonstrating that effectively deploying images and videos to target consumers can slash product returns by up to a third, potentially saving retailers billions of...
by Mike Duff | May 22, 2023 | Retail Articles
Juniper Research maintains that today’s $5.3 trillion e-commerce market will continue to expand rapidly, driven by increased use in developed markets and significant adoption in emerging markets, as new and evolving payment systems enable greater access to the...
by Mike Duff | May 18, 2023 | Featured News, Retail Articles
During the first quarter, Walmart made significant financial strides despite weaker general merchandise sales as more and higher-earning shoppers looked to the retailer for value in consumables and food, the company reported. Walmart posted a company net income of...
by Mike Duff | May 17, 2023 | Featured News, Retail Articles
In the first quarter, Target Corp. shoppers visited stores more but spent less per visit for softer year-over-year earnings and flat comparable sales during a period still strong enough for Target to top Wall Street estimates. The company is adjusting operations to...
