by Mike Duff | Dec 10, 2021 | Retail Articles
In an example of department stores pairing in-store and online events, Neiman Marcus and actress and comedian Ziwe hosted a virtual white elephant party in the spirit of the retailer’s “Celebrate Big, Love Even Bigger” marketing campaign. In the second annual...
by Mike Duff | Dec 10, 2021 | Retail Articles
In its first fiscal quarter, Costco Wholesale Corp. was able to deal with supply chain issues successfully while also expanding e-commerce associated services and beating Wall Street estimates, the company stated. The company posted a net income of $1.32 billion, or...
by Mike Duff | Dec 6, 2021 | Retail Articles
Costco Wholesale Corp. for the fiscal month of November posted comparable sales, sans the effects of fuel price and foreign exchange volatility, up 9.2% with comps in the United States up 9.1%, in Canada up 7.6%, and in Other International regions up 11.3%. E-commerce...
by Mike Duff | Nov 23, 2021 | Retail Articles
Although it has wrestled with supply chain and other challenges, Best Buy still managed to top Wall Street earnings and revenue estimates in the third quarter. The company posted net earnings of $499 million, or $2.00 per diluted share, versus $391 million, or $1.48...
by Mike Duff | Nov 22, 2021 | Retail Articles
With major holiday promotions dates fast approaching, Amazon has previewed its Cyber Monday deals weekend assortment including lots of bargains on home merchandise. The Amazon Cyber Monday weekend kicks off on Saturday, November 27, and runs through Monday, November...
