In a fourth quarter when sales events prompted strong response, Amazon missed Wall Street earnings estimates while exceeding those for revenues, revealing in a conference call associated with its financial results announcement that it is reconsidering the Amazon Fresh...
For the nine-week holiday period ended December 31, Nordstrom sales decreased 3.5% versus the nine weeks ended January 1, 2022, the company reported as part of a business update. Nordstrom banner sales decreased 1.7%, while those at its off-price Nordstrom Rack banner...
With consumers pressured by economic uncertainty, higher interest and inflation eroding their incomes, retail sales during 2022’s November-December holiday season grew 5.3% over the 2021 period to $936.3 billion but fell short of the National Retail Federation’s...
Returns began pouring into retailers early in the post-holiday time frame, according to nShift, which produces parcel delivery management software. In an analysis nShift conducted, December 28 — dubbed Returns Wednesday — was the biggest day for consumers returning...
In the 2022 holiday season, which includes the first two months of the company’s fiscal fourth quarter, Kirkland’s comparable sales fell 5.5% versus the same period a year earlier, the company announced. Comps were flat in November 2022 but slipped 11% in...
