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...
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,...
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...
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...
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...
