BJ’s Keeps Momentum Going in Q2

BJ’s Keeps Momentum Going in Q2

In the second quarter, BJ’s Wholesale Club kept on making significant sales and earnings gains as it continued to add members. Net income was $141 million, or $1.03 per diluted share, versus $111, or 80 cents per diluted share, in the 2021 quarter, the company stated....
Ross Adds Stores From Coast to Coast

Ross Adds Stores From Coast to Coast

In June and through mid-July, Ross Stores opened 29 locations under its two main banners as it keeps moving toward a planned 100-unit rollout by the end of 2022. The company debuted 21 Ross Dress for Less and eight dd’s Discounts stores across 12 of the United...
Adobe: June Online Inflation Slows

Adobe: June Online Inflation Slows

According to Adobe, online inflation ticked down in June to 0.3% on an annual basis and dropped 1% month-over-month even as grocery prices continue to increase. Consumers spent $74.1 billion online in June, up 1% year over year, Adobe reported. Consumers spent more...