For its fiscal January, Costco Wholesale Corp. posted net sales of $22.08 billion, up from $21.13 billion in the year-previous month. With the effects of fuel prices and currency exchange excluded, comparable sales gained 3.4%, with those in the United States up 2.2%,...
A Canadian retailer focused on younger consumers has been growing rapidly in the United States and has just opened its 150th location in Huntington Station, NY. The new location brings the total Showcase store portfolio in the U.S. to 41, with the focus being the...
As it continues cost-cutting measures, Bed Bath & Beyond has announced that it is closing more stores including all of its stand-alone Harmon locations. According to a statement received from Bed Bath & Beyond: As we continue to work with our advisors to...
Kohl’s revealed the next 400 of its stores that will add Sephora operations this year. The locations will span 36 states from Alaska to Maine. The concentration of Sephora adds is particularly high in California and the northeastern quarter of the country, with 18 in...
The Visa U.S. Spending Momentum Index came in at 108.4 in December seasonally adjusted, its strongest reading for the month since the index launch, but it’s not all good news as discretionary spending momentum softened. For the last three months of 2021, the SMI was...
