Although revenues came in above Wall Street expectations, the Walgreens Boots Alliance third-quarter results finished short of an analyst consensus earnings estimate as the company continues adjusting to an environment where COVID-19 no longer has a major effect on...
Instant Brands has initiated a voluntary Chapter 11 bankruptcy process, the company announced, intended to give it the time and flexibility to continue ongoing discussions with financial stakeholders to strengthen the financial position of the business. In connection...
Growth in United States Gross Domestic Product slowed but remained positive in the first quarter, as it and other economic indicators demonstrated the difficulty of bringing inflation under control, said National Retail Federation chief economist Jack Kleinhenz in the...
In the second quarter, Walgreens Boots Alliance saw earnings slip, with the waning COVID-19 pandemic playing a role, but sales gain and both metrics beat Wall Street estimates. Walgreens posted company net earnings of $703 million, or 81 cents per diluted share,...
According to the Global Port Tracker report released by the National Retail Federation and Hackett Associates, February import cargo volume at the major container ports in the United States should drop to almost the lowest level seen since the beginning of the...
