by Mike Duff | Aug 18, 2022 | Featured News, Retail Articles
Core retail sales, as calculated by the National Retail Federation, rose in July as consumers kept shopping, NRF reported. NRF’s calculation of retail sales is based on U.S. Census Bureau figures, but it excludes automobile dealers, gasoline stations and...
by Mike Duff | Aug 11, 2022 | Retail Articles
With the holidays in mind, Kohl’s has expanded its self-pickup service for eligible digital orders at all of its more than 1,100 stores nationwide. The company pointed out that, with 80% of Americans living within 15 miles of a Kohl’s store, millions of shoppers can...
by Mike Duff | Jul 11, 2022 | Retail Articles
As it kept momentum going, Costco enjoyed double-digit comparable sales in June which included an extra sales day. Sans fuel and foreign exchange effects, comparable sales increased 13% in June versus the year-previous month, the company stated, with clubs in the...
by Mike Duff | Jun 22, 2022 | Retail Articles
The ODP Corp. board of directors has completed a previously announced review of the public and private non-binding proposals the company has received about acquiring its consumer business — including the Office Depot and OfficeMax retail stores, and officedepot.com —...
by Mike Duff | Jun 1, 2022 | Retail Articles
Adjusted loss fell a penny short of a Wall Street estimate, but sales gained at Nordstrom department store and off-price banners in the first quarter. Nordstrom net earnings in the first quarter were $20 million, or 13 cents per diluted share, versus a net loss of...
