by Mike Duff | May 5, 2022 | Retail Articles
For the first quarter, ODP Corp, which operates the Office Depot and OfficeMax superstore chains, posted earnings and revenues that surpassed Wall Street expectations. Net income from continuing operations was $55 million, or $1.09 per diluted share, the company...
by Mike Duff | Apr 29, 2022 | Featured News, Home + Housewares, Retail Articles
In the first quarter, Amazon had to cope with an environment where a weakening pandemic, snarled supply chains and international turmoil hit operations and pressured earnings. Net loss in the quarter was $3.84 billion, or $7.56 per diluted share, the company reported,...
by Mike Duff | Apr 28, 2022 | Featured News, Retail Articles
Consultant Accenture has launched the Metaverse Continuum as a business service to help clients explore the opportunities that virtual reality systems offer and debuted relevant trends based on its research. Accenture especially focused on four trends it identified:...
by Mike Duff | Apr 22, 2022 | Retail Articles
The first quarter was a happy one for Tractor Supply, which posted solid comparable sales gain after a big increase in the year-earlier period and beat Wall Street earnings and sales estimates. Tractor Supply posted a net income of $187.2 million, or $1.65 per diluted...
by Mike Duff | Apr 22, 2022 | Home + Housewares
The annual consumer survey from the National Retail Federation and Prosper Insights & Analytics indicated that Mother’s Day spending in 2022 will total $31.7 billion, up to $3.6 billion from record 2021 spending. About 84% of adults in the United States plan to...
