by Mike Duff | Jul 28, 2023 | Featured News, Retail Articles
Overstock, having already stepped out of other sectors such as jewelry to focus on home and housewares and readying a transition of its banner to Bed Bath & Beyond in early August, was in transitory mode in the second quarter yet still managed to beat Wall Street...
by Mike Duff | Jul 25, 2023 | Retail Articles
Although earnings slipped year over year, Albertsons beat Wall Street estimates for the first quarter driven by a gain in identical sales, even if inflation was part of the increase. Net income was $417.2 million, or 72 cents per diluted share, versus $484.2 million,...
by Mike Duff | Jul 11, 2023 | Retail Articles
Costco Wholesale Corp. posted net sales in June of $22.86 billion, up from $22.78 billion last year despite lagging nonfoods sales. With the effects of gasoline and foreign exchange volatility removed, Costco stated, comparable sales in June gained 2% in the United...
by Mike Duff | Jun 26, 2023 | Retail Articles
As the retailer looks for more ways to support its third-party marketplace sellers, Walmart has brought Onramp on board as a funding provider. Onramp announced that it has joined Walmart’s marketplace, connecting its funding platform to allow the retailer’s e-commerce...
by Mike Duff | Jun 19, 2023 | Retail Articles
Adtaxi, a digital marketing agency, has released the results of its 2023 E-Commerce Survey that include the determination that 228.9 million adults in the United States will shop online this year, with daily shopping increasing by 380% over the past six years. In the...
