by Mike Duff | Sep 23, 2022 | Retail Articles
In the fourth quarter, Costco posted double-digit company comps as earnings and total sales beat an analyst estimate. The company reported that net income for the fourth quarter was $1.87 billion, or $4.20 per diluted share, versus $1.67 billion, or $3.76 per diluted...
by Mike Duff | Sep 16, 2022 | Retail Articles
Consumers continued to spend in August despite inflation as more jobs and higher wages helped ease the pressures associated with rising prices, according to the National Retail Federation. The United States Census Bureau has announced that overall retail sales in...
by Mike Duff | Sep 13, 2022 | Retail Articles
According to the Deloitte annual holiday season forecast, retail sales in the upcoming November to January timeframe look to increase between 4% and 6%. Overall, Deloitte’s retail and consumer products practice projects sales will total $1.45 to $1.47 trillion...
by Mike Duff | Sep 9, 2022 | Retail Articles
In the second quarter, Kroger saw across-the-board financial advances that exceeded expectations as the company continues to leverage technology, as in its robotic fulfillment centers using Ocado technology, and, as a consequence, omnichannel operations, and made...
by Mike Duff | Sep 7, 2022 | Retail Articles
In a survey it sponsored in 2021, Coveo found that retailers often failed to meet consumers’ rising e-commerce expectations, and the company didn’t find much difference in 2022. Coveo, a cloud-based relevance platform focused on digital interactions, sponsored a...
