In the third quarter, BJ’s earnings beat a Wall Street estimate and comparable store sales advanced as the general merchandise business stabilized. The company pointed out that its membership fees would increase at the start of 2025. Net income in the quarter was...
Consumers aren’t ready to dive in to discretionary spending at this point, although a state of equilibrium seems to be merging across the consumer packaged goods and general merchandise sectors, according to market researcher and advisor Circana. Total retail sales in...
The National Retail Federation said today that retail sales continued to push forward in September even as consumers faced continuing economic pressures. According to the United States Census Bureau, overall retail sales in September gained 0.7% from August and 3.8%...
Operating and net income gains at Walmart exceeded revenue growth in the second quarter, satisfying a previously announced company priority of driving return on investment faster than sales and, ultimately, profits while also ushering in a beat on Wall Street...
In a Circana study, June retail sales revenues in the United States, combining discretionary general merchandise and consumer packaged goods, increased by 1% versus the 2022 month as unit sales declined by 3%. The results included declines of 4% in dollar sales and 9%...
