by Mike Duff | Feb 3, 2023 | Retail Articles
In a fourth quarter when sales events prompted strong response, Amazon missed Wall Street earnings estimates while exceeding those for revenues, revealing in a conference call associated with its financial results announcement that it is reconsidering the Amazon Fresh...
by Mike Duff | Feb 2, 2023 | Retail Articles
For the fiscal month of January, Costco Wholesale Corp. posted net sales of $16.84 billion, a gain of 6.9% from the period a year earlier. With the effects of gasoline price and foreign exchange rate volatility excluded, company comparable store sales advanced by...
by Mike Duff | Jan 26, 2023 | Retail Articles
In its 2022 Annual Summary, Ikea highlighted the company’s initiatives to address customers in new ways while taking care of people and the planet, even as it reported a small sales gain. Covering the fiscal year from September 1, 2021 to August 31, 2022, the...
by Mike Duff | Jan 12, 2023 | Retail Articles
Emplicit, an Amazon partner e-commerce agency that helps companies work with the retailer, conducted a study in which 27% of consumers who shop the retailer look at a seller’s website before they buy if they’re unfamiliar with the brand, and 24% will check...
by Mike Duff | Jan 10, 2023 | Retail Articles
As it continues pursuing a merger with The Kroger Co., Albertsons Cos. beat Wall Street estimates for third-quarter adjusted earnings and revenue. Net income was $375.5 million, or 20 cents per diluted share, versus $424.5 million, or 74 cents per share diluted share...
