Post-COVID-19 pandemic demand from a consumer concerned about wellness and self-care as well as internal innovation and new products helped Ulta Beauty generate strong second-quarter results. Ulta posted a net income of $295.7 million, or $5.70 per diluted share,...
According to market researcher Numerator, 75% of consumers plan to celebrate Labor Day and even more, 86%, will consider shopping the long weekend sales events. Over the period, 34% of consumers surveyed said they plan to shop deals with another 52% saying they might...
The COVID-19 pandemic gave wholesale clubs Costco Wholesale Corp., BJ’s Wholesale Club and Sam’s Club a lift and strength carried throughout 2021, according to traffic tracker Placer.ai, but even if early 2022 data suggests that the retail channel is undergoing a mild...
Despite two consecutive quarters of decline, the United States economy doesn’t appear to be in a recession and remains unlikely to enter one this year, NRF chief economist Jack Kleinhenz stated. He commented in the August issue of NRF’s Monthly Economic Review, which...
Amazon has named Doug Herrington CEO of its Worldwide Amazon Stores business, formerly known as Worldwide Consumer, as it makes an organizational change. The announcement comes just about two weeks after the company revealed that Dave Clark, CEO of Worldwide Consumer...
