by Mike Duff | Apr 14, 2022 | Retail Articles
With identical sales positive after a big leap in the year-past period, Albertsons Cos. made big gains in the fourth quarter that included turning around a GAAP loss. Net income was $455.1 million, or 79 cents per diluted share, versus a net loss of $144.2 million, or...
by Peter Giannetti | Apr 13, 2022 | Dinnerware, Flatware, Home + Housewares, Tableware
Fortessa Tableware Solutions, a marketer of tableware and wine and cocktail accessories, announced a new web experience for wholesale and retail consumers. The company also announced the promotion of Deane Priest to executive vice president, consumer products....
by Mike Duff | Apr 13, 2022 | Featured News, Retail Articles
Bed Bath & Beyond posted a fourth-quarter net loss and a comparable sales decline versus 2020 and 2019, attributed in part by company management to global supply chain disruption that limited inventory availability during the quarter. The retailer’s net loss...
by Mike Duff | Apr 8, 2022 | Retail Articles
According to Mastercard SpendingPulse, total March retail sales — including in-store and online numbers across all forms of payment but excluding auto — increased 8.4% year-over-year and 18% compared to pre-pandemic spending in 2019, not adjusted for inflation. The...
by Mike Duff | Apr 8, 2022 | Retail Articles
Costco made a strong showing in March with double-digit comparable store gains. Costco comps without the effects of fuel price and foreign exchange volatility increased 12.2% in March year over year, with the United States up 12.7%, Canada up 12.2% and Other...
