by Mike Duff | May 20, 2022 | Retail Articles
Although general merchandise sales slipped as consumers spent more on groceries and everyday needs, BJ’s had solid financial gains in the first quarter. Company net income was $112.5 million, or 82 cents per share, versus $81.6 million, or 59 cents per share, in the...
by Mike Duff | May 6, 2022 | Featured News, Retail Articles
Wayfair announced that it had a first-quarter loss as it adjusts to an environment where the COVID-19 pandemic is a lesser factor and other macroeconomic and political developments are pressuring operations. In addition, Wayfair announced that Michael Fleisher will be...
by Mike Duff | Apr 29, 2022 | Featured News, Home + Housewares, Retail Articles
In the first quarter, Amazon had to cope with an environment where a weakening pandemic, snarled supply chains and international turmoil hit operations and pressured earnings. Net loss in the quarter was $3.84 billion, or $7.56 per diluted share, the company reported,...
by Mike Duff | Apr 28, 2022 | Retail Articles
Walmart suffered some disappointment when the company launched its paid membership program when consumers didn’t react as enthusiastically as hoped and have since determined to enhance its value with additional benefits including a broader fuel discount. Now, Walmart+...
by Mike Duff | Apr 20, 2022 | Retail Articles
Metrical, a provider of predictive shopper engagement solutions, is touting its work with JCPenney, which looks to be in agreement about a stratic made with the tech partner away from blanket discounts and related traditional promotional methods of boosting online...