by Mike Duff | Aug 17, 2022 | Featured News, Retail Articles
After experiencing an inventory glut as the year began, Target decided to quickly address the merchandise excess. Although it believes doing so positioned the company for better margins in the back end of the year, the determination pressured second-quarter...
by Mike Duff | Aug 1, 2022 | Retail Articles
As it faces tough year-over-year comparisons, Best Buy Co. has released a financial performance update related to the company’s fiscal 2023 second quarter ended July 30 and its fiscal 2023 outlook. The company expects second-quarter comparable sales to decline about...
by Mike Duff | Jul 26, 2022 | Retail Articles
In a business update, Walmart provided a revised outlook for the fiscal second quarter and full year as it takes pricing actions to improve inventory levels at Walmart and Sam’s Club stores in the United States. The company expects comparable sales for Walmart U.S.,...
by Peter Giannetti | Jun 27, 2022 | Featured News, Trade Shows & Associations
The Dallas Total Home & Gift Market kicked off the summer home and housewares show season last week with suppliers and retailers coming together to negotiate challenging conditions heading into the second half. Housewares vendors and retailers in Dallas said a...
by Mike Duff | Jun 9, 2022 | Retail Articles
According to the Institute for Supply Management, economic activity in the services sector grew in May for the 24th month in a row with the Services Purchasing Managers’ Index registered 55.9%, above the 50% gain/decline line. Retail, however, didn’t fare...
