by Mike Duff | Oct 27, 2021 | Retail Articles
Third-quarter comp gains helped Aaron’s beat Wall Street earnings and revenues estimates. Net earnings for the 2021 third quarter were $24.3 million, or 73 cents per diluted share, Aaron’s reported, compared to $32.6 million, or 96 cents per diluted share, in...
by Mike Duff | Oct 26, 2021 | Featured News, Retail Articles
After a long search, JCPenney has announced the appointment of a CEO, Marc Rosen, an executive who has long experience at Levi Strauss & Co. and Walmart. At the same time, the retailer announced that Stanley Shashoua, Simon Property Group chief investment officer,...
by Mike Duff | Oct 25, 2021 | Retail Articles
According to a study from National Retail Federation and Prosper Insights & Analytics, consumers have plans to spend $997.73 on gifts, holiday items and other non-gift purchases for themselves and their families during this year’s holiday season. Despite the...
by Mike Duff | Oct 21, 2021 | Retail Articles
Amazon at the Accelerate Conference detailed a new range of seller services offered to participants and would be participants on its platform. Amazon has increased its range of seller services as it has lately sought closer relationships with its partners in sales and...
by Mike Duff | Oct 20, 2021 | Retail Articles
Although Covid-19 continues to make its effects felt in the marketplace, results from the Deloitte 36th annual Holiday Retail Survey indicate that consumers will spend an average of $1,463 per household in the festive season this year, up 5% from 2020. Deloitte, as...