by Mike Duff | Mar 21, 2022 | Home + Housewares, Retail Articles
To speed products to its customers, and its small business and working at home customers particularly, Office Depot will offer same-day delivery from more than 1,000 of its namesake and OfficeMax stores across the United States through Instacart. As it broadens the...
by Mike Duff | Mar 17, 2022 | Home + Housewares
Kirkland’s sales and earnings declined in the fourth quarter but it still managed a solid beat of Wall Street estimates. Net income was $12.5 million, or 91 cents per diluted share, the company reported, versus $21.1 million, or $1.39 per diluted share, in the...
by Mike Duff | Mar 17, 2022 | Retail Articles
Continued comparable store growth helped Williams-Sonoma beat an earnings estimate even if revenues fell short of Wall Street’s favor. The company’s loyalty program also proved a positive influence on the fourth quarter, Williams-Sonoma pointed out. For...
by Mike Duff | Mar 15, 2022 | Featured News, Retail Articles
In its annual forecast on prospects through year’s end, the National Retail Federation stated that it expects retail sales to grow between 6% and 8% to more than $4.86 trillion in 2022. NRF made the announcement during its annual State of Retail & the Consumer...
by Mike Duff | Mar 14, 2022 | Retail Articles
With COVID-19 and supply chain issues weighing on the fourth quarter, Best Buy met a Wall Street estimate on earnings but fell short on revenues. For the fourth quarter, net earnings were $626 million, or $2.62 per diluted share, versus $816 million, or $3.10 per...