by Mike Duff | Nov 7, 2022 | Retail Articles
Qurate Retail took major impairment charges in the third quarter related to goodwill, the trade names of HSN and Zulily and recent performance, but the company still posted a loss after adjustment. For the third quarter, Qurate Retail recorded a company net loss of...
by Mike Duff | Oct 31, 2022 | Featured News, Retail Articles
Walmart has added new digital features to help shoppers navigate holiday savings and sales events while launching an initiative to help out small retailers. Walmart has struck a deal with Popable, a pop-up shop marketplace platform that connects brands and companies...
by Mike Duff | Oct 28, 2022 | Featured News, Retail Articles
Amazon posted a third-quarter sales gain while indicating the need for cost-cutting in the North American retail business as earnings slip. Net income slipped to $2.87 billion, or 28 cents per diluted share, as compared to $3.16 billion, or 31 cents per diluted share,...
by Mike Duff | Oct 25, 2022 | Retail Articles
Aaron’s managed to beat Wall Street estimates for earnings and revenues in the third quarter despite a GAAP loss. Aaron’s posted a net loss of $15.6 million, or 51 cents per diluted share, versus net earnings of $24.3 million, or 73 cents per share, in the...
by Mike Duff | Oct 25, 2022 | Retail Articles
With all its banners participating, Bed Bath & Beyond is introducing its year-end promotions on Halloween with a lineup that includes gift and entertainment products across the company’s namesake, buybuy Baby and Harmon operations. Bed Bath & Beyond made...
