by Mike Duff | May 18, 2022 | Featured News, Retail Articles
Inflation, changing consumer preference and supply chain issues pressured Target’s first-quarter earnings even as comparable sales gained and overall revenues did better than Wall Street anticipated. Net earnings were $1.01 billion in the quarter, or $2.16 per...
by Mike Duff | May 17, 2022 | Retail Articles
Despite a stronger than expected sales gain in the first fiscal quarter, Walmart missed a Wall Street analyst consensus estimate on income as inflation, a temporary labor imbalance and supply chain costs took dollars off the bottom line. Walmart posted company net...
by Mike Duff | May 12, 2022 | Retail Articles
Crate & Barrel Holdings has promoted three executives: Alicia Waters, who previously served as chief marketing officer, to executive vp for Crate & Barrel and Crate & Kids; Sebastian Brauer, who previously served as vp of product design and development, to...
by Mike Duff | May 12, 2022 | Retail Articles
JCPenney has appointed John Aylward chief marketing officer, effective June 6. Aylward will assume the role as the company focuses on strengthening loyalty among its 50 million shoppers and moves to transform how it connects with customers, JCPenney announced. He will...
by Mike Duff | May 9, 2022 | Retail Articles
In the first quarter, Rent-A-Center worked through a changing marketplace as the COVID-19 pandemic wanes and managed to beat Wall Street estimates even if earnings stumbled. Net loss was $4.2 million, or eight cents per diluted share, versus net earnings of $42.6...
