The Kroger Co. in its third quarter beat Wall Street sales and earnings estimates while launching initiatives including a partnership with Bed Bath & Beyond. Company net earnings were $483 million, or 64 cents per diluted share, versus $631 million, or 80 cents...
Macroeconomic effects hurt Kirkland in the third quarter, although the company points to two-year gains as evidence its turnaround is proceeding. The company posted net income of $7.2 million, or 51 cents per diluted share, versus $12.34 million, or 82 cents per...
Although it has wrestled with supply chain and other challenges, Best Buy still managed to top Wall Street earnings and revenue estimates in the third quarter. The company posted net earnings of $499 million, or $2.00 per diluted share, versus $391 million, or $1.48...
With major holiday promotions dates fast approaching, Amazon has previewed its Cyber Monday deals weekend assortment including lots of bargains on home merchandise. The Amazon Cyber Monday weekend kicks off on Saturday, November 27, and runs through Monday, November...
In what it termed a move to accelerate its health strategy, CVS Health announced that it would develop new retail concepts, close 900 stores and replace Neela Montgomery, evp and president of CVS Retail/Pharmacy. Prem Shah will take the newly created role of chief...
