by Mike Duff | Sep 1, 2022 | Retail Articles
As the summer sales season slides into fall, Big Lots is getting ready for Labor Day with savings on furniture, mattresses, outdoor items and fall decor, more back-to-school merchandise, and even Broyhill cookware. The Broyhill brand is a focus, with cookware sets,...
by Mike Duff | Aug 30, 2022 | Featured News, Retail Articles
As it worked to bring inventories down and serve shoppers with a broader range of bargains, Big Lots posted comparable sales and earnings declines but still did better than Wall Street expected. For the second quarter, Big Lots posted a net loss of $84.2 million, or...
by Mike Duff | Aug 30, 2022 | Retail Articles
Although total sales beat a Wall Street estimate, Kirkland’s Home suffered significant second-quarter comparable sales and earnings declines and now is working on bolstering inventory and liquidity positions. Net loss in the quarter was $25.7 million, or $2.02 per...
by Mike Duff | Aug 18, 2022 | Featured News, Retail Articles
Core retail sales, as calculated by the National Retail Federation, rose in July as consumers kept shopping, NRF reported. NRF’s calculation of retail sales is based on U.S. Census Bureau figures, but it excludes automobile dealers, gasoline stations and...
by Mike Duff | Aug 16, 2022 | Retail Articles
The initial store-within-a-store Conn’s pilot operations have opened in five Belk locations under the name Conn’s x Belk. Conn’s continues to seek growth opportunities, as in its new location in Texarkana, AR, serving a market that includes Shreveport, LA., as...
