by Mike Duff | Feb 4, 2022 | Retail Articles
Amazon posted big profits in the fourth quarter but not from retail sales, which suffered from the COVID-19 pandemic, supply chain and labor woes that the company is addressing, but in part, by raising the fee it charges for Prime membership. Operating income turned...
by Mike Duff | Nov 18, 2021 | Featured News, Retail Articles
Macy’s announced plans to add a curated online marketplace to build on the company’s existing e-commerce business as it posted third-quarter financial results that exceeded expectations. The new marketplace will significantly expand Macy’s assortment in existing...
by Mike Duff | Nov 16, 2021 | Featured News, Retail Articles
Even with COVID-19 lingering and related marketplace challenges affecting operations, Walmart enjoyed a strong third quarter that saw it build momentum, president and CEO Doug McMillion declared. For the quarter, Walmart posted a company net income of $3.11 billion,...
by Mike Duff | Nov 3, 2021 | Featured News, Retail Articles
In a shakeup of the business, Bed Bath & Beyond has announced a key strategic deal with The Kroger Co., a new digital marketplace to build on the company’s existing business in key Home and Baby categories and changes to the executive suite. The Kroger Co....
by Mike Duff | Oct 28, 2021 | Retail Articles
As it beat Wall Street estimates, eBay enjoyed a solid third quarter during which it advanced initiatives on promoted listings and refurbished goods. In the quarter, eBay recorded net income from continuing operations of $283 million, or 43 cents per diluted share,...
