by Mike Duff | Nov 20, 2023 | Retail Articles
Crate & Barrel has debuted a new flagship store in New York and everywhere else, creating and launching a virtual version online. The 23,000 square foot two-level New York City flagship location is in Manhattan’s Flatiron district, a neighborhood that’s become a...
by Mike Duff | Nov 16, 2023 | Featured News, Retail Articles
Walmart surpassed third-quarter Wall Street estimates as earnings and revenue gained while some product costs, including in general merchandise, moderated. The company posted net income of $453 million, or 17 cents per diluted share, versus a loss of $1.8 billion, or...
by Mike Duff | Nov 7, 2023 | Retail Articles
Inflation continues to influence holiday shoppers who are budgeting higher for gifts and other seasonal purchases this year, according to a RetailMeNot survey. Shoppers are budgeting for $932 in spending versus $725 in 2022. The major effect of inflation is a...
by Mike Duff | Nov 1, 2023 | Featured News, Retail Articles
The third quarter saw Wayfair top a Wall Street estimate on earnings as revenues came up a bit short. Net loss was $163 million, or $1.40 per diluted share versus a net loss of $283 million, or $2.66 per diluted share, in the year-prior quarter. Adjusted for one-time...
by Mike Duff | Oct 26, 2023 | Featured News, Retail Articles
The TJX Cos. has shut down the e-commerce component of the HomeGoods website. The homegoods.com homepage now directs consumers to shop for home decor at TJX’s tjmaxx.com or marshalls.com operations. According to its latest quarterly filing with the United States...
