by Mike Duff | Nov 22, 2022 | Retail Articles
Best Buy sales and earnings tumbled in the third quarter, but they still came in ahead of a Wall Street estimate. For the quarter, net earnings were $277 million, or $1.22 per diluted share, versus $499 million, or $2 per diluted share, in the year-earlier quarter,...
by Mike Duff | Nov 17, 2022 | Retail Articles
The luxury customer gave Macy’s a boost in the third quarter as the company’s prospects evolve given opportunities to leverage its upscale store concepts and execute against its omnichannel strategy with a mix of online and brick-and-mortar initiatives. Net income was...
by Mike Duff | Nov 17, 2022 | Featured News, Retail Articles
Kohl’s reported third-quarter results that beat earnings and revenue expectations, and the retailer’s independent chairman, Peter Boneparth, discussed qualities the company is seeking in a new CEO after Michelle Gass’ announced departure....
by Mike Duff | Nov 11, 2022 | Retail Articles
Sally Beauty sales and profits slipped in its fourth quarter, but the company beat a Wall Street earnings-per-share estimate as the company continues closing stores. Net earnings in the fourth quarter were $21.3 million, or 20 cents per diluted share, versus $68.1...
by Mike Duff | Nov 10, 2022 | Featured News, Retail Articles
To support its evolving corporate strategy, Target Corp. has unveiled a new 150,000-square-foot concept store that it will use as a basis for an update of brick-and-mortar operations. The company recently debuted the new, larger store format in a location outside of...
