Despite tighter consumer spending, Kroger stated that the flexibility of its business model helped the company navigate the third quarter when it topped a Wall Street estimate on earnings and revenue. Company net earnings were $646 million, or 88 cents per diluted...
The Conference Board Consumer Confidence Index slipped in November after losing ground in October, and now stands at 100.2 just two-tenths of a point above the border between positive and negative territory. As revised, the index stood at 102.2 in October, according...
At a time when major retailers are introducing initiatives to build firmer customer relationships, The Kroger Co. is launching a paid extension of its existing free loyalty program. Boost by Kroger provides customers unlimited free grocery delivery on orders of $35 or...
The new report Placer.ai Mall Index — May 2022 Update indicates that visits to all types of shopping malls, indoor, open-air lifestyle centers, and outlet malls, decreased between April and May, compared to the same months in 2019, but on a month-over-month basis,...
Walmart suffered some disappointment when the company launched its paid membership program when consumers didn’t react as enthusiastically as hoped and have since determined to enhance its value with additional benefits including a broader fuel discount. Now, Walmart+...
