by Mike Duff | Feb 13, 2023 | Retail Articles
After extensive store closings after filing for Chapter 11 bankruptcy protection in 2020, Sur La Table, the leading kitchen and culinary retailer, announced that it will be expanding its footprint with new location openings throughout 2023. Sur La Table will re-enter...
by Mike Duff | Feb 3, 2023 | Retail Articles
In a fourth quarter when sales events prompted strong response, Amazon missed Wall Street earnings estimates while exceeding those for revenues, revealing in a conference call associated with its financial results announcement that it is reconsidering the Amazon Fresh...
by Mike Duff | Feb 2, 2023 | Retail Articles
For the fiscal month of January, Costco Wholesale Corp. posted net sales of $16.84 billion, a gain of 6.9% from the period a year earlier. With the effects of gasoline price and foreign exchange rate volatility excluded, company comparable store sales advanced by...
by Mike Duff | Jan 31, 2023 | Featured News, Retail Articles
Comscore, a global media measurement firm, has determined that the Internet recorded record sales in 2022, with e-commerce revenues in the United States exceeding $1 trillion for the first time. In the company’s 2023 State of Digital Commerce Report, which analyzed...
by Mike Duff | Jan 26, 2023 | Retail Articles
In its 2022 Annual Summary, Ikea highlighted the company’s initiatives to address customers in new ways while taking care of people and the planet, even as it reported a small sales gain. Covering the fiscal year from September 1, 2021 to August 31, 2022, the...
