by Mike Duff | Apr 21, 2023 | Retail Articles
As Earth Day arrives, Beko Home Appliances and Alibaba.com released studies suggesting that demand for products associated with sustainability has a better-than-average chance of becoming popular with consumers. Research sponsored by Beko, which specializes in...
by Mike Duff | Apr 21, 2023 | Retail Articles
JCPenney has appointed Katie Mullen chief customer officer as the company seeks to integrate in-store and online operations more thoroughly. Mullen was the company’s chief digital officer and will continue to oversee e-commerce strategy and omnichannel development,...
by Mike Duff | Apr 14, 2023 | Retail Articles
As inflation eased at winter’s end, retail sales slowed in March, but spending was still higher than at the same time last year, according to the National Retail Federation. The United States Census Bureau announced that overall retail sales in March slipped 1%...
by Mike Duff | Apr 11, 2023 | Retail Articles
As it awaits a merger with The Kroger Co., Albertsons continues to advance, posting sales and adjusted earnings gains above expectations. Net income was $311.1 million, or 54 cents per diluted share, versus $455.1 million, or 79 cents per diluted share, in the...
by Mike Duff | Apr 10, 2023 | Retail Articles
Non-food revenues were soft at Costco Wholesale Corporation in fiscal March as net sales came in at $21.71 billion, up 0.5% from the year-earlier month. Comparable store sales, excluding the effects of gasoline price and foreign exchange volatility, gained 2.6%. Comps...
