by Mike Duff | Jan 18, 2024 | Retail Articles
Ikea U.S. is reporting sales gains and plans to expand its Plan and Order Points with Pick-Up locations and stores considerably smaller than its showroom format dedicated to kitchen, bedroom, and living room planning. According to the company, the fiscal year 2023 set...
by Mike Duff | Jan 4, 2024 | Retail Articles
Whatever else comes out of the year’s end, the holiday season experienced gains in online sales, according to Adobe Analytics and Signifyd. Adobe Analytics pegged online holiday season retail revenue, defining the period as November 1 to December 31, at $222.1...
by Mike Duff | Jan 3, 2024 | Retail Articles
Nordstrom has plans to open more of its offprice operations across the United States in the year ahead, even as it drives the e-commerce element of the bargain business. In the second half of 2023, the company announced it would open new Nordstrom Rack locations...
by Mike Duff | Dec 6, 2023 | Retail Articles
Joann missed third-quarter Wall Street estimates on sales and earnings while citing double-digit e-commerce growth as a positive development. Net loss was $21.6 million, or 51 cents per diluted share, versus $17.5 million, or 43 cents per diluted share, in the...
by Mike Duff | Nov 21, 2023 | Retail Articles
Home outperformed Kohl’s overall business in the third quarter when earnings beat a Wall Street estimate but revenues fell short. The ongoing expansion of the home business is one of several initiatives, including the growth of the Sephora business, that Kohl’s is...
