by Mike Duff | Nov 7, 2022 | Retail Articles
Qurate Retail took major impairment charges in the third quarter related to goodwill, the trade names of HSN and Zulily and recent performance, but the company still posted a loss after adjustment. For the third quarter, Qurate Retail recorded a company net loss of...
by Mike Duff | Oct 28, 2022 | Featured News, Retail Articles
Amazon posted a third-quarter sales gain while indicating the need for cost-cutting in the North American retail business as earnings slip. Net income slipped to $2.87 billion, or 28 cents per diluted share, as compared to $3.16 billion, or 31 cents per diluted share,...
by Mike Duff | Oct 24, 2022 | Retail Articles
A survey by business services firm JLL reveals most shoppers will keep their holiday budgets intact this year, spending on average $868, about the same as last year’s $870 average. Inflation will have a deeper impact on how consumers with lower incomes shop for...
by Mike Duff | Oct 24, 2022 | Retail Articles
With the year getting closer to the major retail holiday season bargain events and a November that has become a more intense promotional period each year, Kohl’s is spelling out how it will conduct its early season sales push including an emphasis on home merchandise....
by Mike Duff | Oct 19, 2022 | Retail Articles
With the blockbuster announcement that the company is preparing to merge with The Kroger Co.just days behind it, Albertsons Cos. announced identical store sales and earning advances in the second quarter. Net income was $342.7 million, or 59 cents per diluted share,...
