by Mike Duff | Mar 17, 2022 | Retail Articles
Continued comparable store growth helped Williams-Sonoma beat an earnings estimate even if revenues fell short of Wall Street’s favor. The company’s loyalty program also proved a positive influence on the fourth quarter, Williams-Sonoma pointed out. For...
by Mike Duff | Mar 15, 2022 | Featured News, Retail Articles
In its annual forecast on prospects through year’s end, the National Retail Federation stated that it expects retail sales to grow between 6% and 8% to more than $4.86 trillion in 2022. NRF made the announcement during its annual State of Retail & the Consumer...
by Mike Duff | Mar 14, 2022 | Retail Articles
With COVID-19 and supply chain issues weighing on the fourth quarter, Best Buy met a Wall Street estimate on earnings but fell short on revenues. For the fourth quarter, net earnings were $626 million, or $2.62 per diluted share, versus $816 million, or $3.10 per...
by Mike Duff | Mar 14, 2022 | Featured News, Home + Housewares, Retail Articles
Qurate Retail Group President and CEO David Rawlinson announced new executive appointments and a new structure as the company pushes continuous operational improvement and deepens differentiated brand experiences across its core video commerce brands in the United...
by Mike Duff | Mar 4, 2022 | Retail Articles
The fourth quarter was solid for BJ’s Wholesale Club, with an earnings beat on Wall Street estimates even if revenues were not quite in line with a Yahoo Finance-published prediction. Income from continuing operations was $107.6 billion, or 78 cents per diluted share,...
