In the third quarter, Qurate suffered from declining consumer visits, as bricks and retail store openings tempted them back to physical store visits, and supply chain constraints, the company reported. Qurate posted net income of $127 million, or 31 cents per share,...
In the second quarter, Container Store beat a Wall Street estimate as sales and earnings rose versus the 2020 and 2019 periods. Net income was $27.2 million in the quarter compared to $20.2 million in the 2020 period, while earnings per share were 54 cents compared to...
In a changing shopping world, Walmart is using technology in its holiday outreach to consumers, one that even uses facial expressions to facilitate browsing for purchases and gifts, Kara Rousseau, vp/marketing, Walmart Connect, revealed in a blog post. The Facebook...
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,...
Despite headwinds including supply chain challenges, labor shortages and inflation, National Retail Federation president Matthew Shay said in a press event introducing the NRF holiday forecast that “very, very strong” momentum based on consumer spending has the...
