As the retail year winds down, the Numerator 2022 Holiday Gifting Shopping Preview provides a revealing overview of what shoppers will buy, how much they plan to spend, and when and where they intend to purchase gifts, according to the market researcher. Among the...
Despite choppy demand, Williams-Sonoma registered a solid third quarter, delivering results that were a bit above expectations. Net earnings in the quarter were $251.7 million, or $3.72 per diluted share, versus $249.5 million, or $3.29 per diluted share, in the...
With the blockbuster announcement that the company is preparing to merge with The Kroger Co.just days behind it, Albertsons Cos. announced identical store sales and earning advances in the second quarter. Net income was $342.7 million, or 59 cents per diluted share,...
Inflation will have a major impact on how consumers approach the upcoming holiday season, according to Bluedot, which tracks customer arrivals at stores and websites. In Bluedot’s third annual Holiday Shopping Habits report, based on a September survey of more...
Costco reported solid gains in September with minimal impacts from Hurricane Ian. Comparable sales against September 2021, excluding fuel and foreign exchange effects, gained 8% in the United States, 9.6% in Canada, 11% in other international markets and 8.6%, Costco...