by Mike Duff | Feb 11, 2022 | Retail Articles
January was strong across the in-store and digital retail spectrum in the U.S., according to Mastercard SpendingPulse, which reported a 7.2% year-over-year retail sales gain for the month excluding auto sales. Despite Omicron and elevated inflation, pent-up savings,...
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 | Feb 3, 2022 | Retail Articles
For the fiscal month of January, Costco continued to post strong comparable store sales gains generally and in the nonfoods category. January comparable sales excluding the effects of gasoline prices and foreign exchange volatility increased 10.8% year over year with...
by Mike Duff | Jan 31, 2022 | Featured News, Retail Articles
With an emphasis on interactivity, Walmart has unveiled a new merchandising format dubbed Time Well Spent meant to keep the company’s customers shopping longer. In a blog post by Alvis Washington, vp, marketing – store design, innovation and experience, Walmart...
by Mike Duff | Jan 28, 2022 | Retail Articles
A strong comp performance helped Tractor Supply beat Wall Street estimates in the fourth quarter. Company net income was $221.3 million, or $1.93 per diluted share, versus $135.9 million, or $1.15, per diluted share, in the 2020 fourth quarter, the company stated....
