Walmart enjoyed a stellar fourth-quarter beating Wall Street on earnings as comparable sales made significant gains. In the fourth quarter, company net income was $3.56 billion, or $1.28 per diluted share, versus a net loss of $2.09 billion, or 74 cents per diluted...
Digital retailer Wish has launched shoppable videos dubbed Wish Clips, a new feature designed to enhance the customer experience and simplify the path to purchase. Each shoppable video experience enables users to gain additional information about products featured in...
As it seeks new ways to reach its customer digitally, Saks has made its official debut on TikTok with a diverse group of voices including creators, celebrities and fashion insiders. The initiative will give followers the opportunity to experience the world of luxury...
Amazon posted big profits in the fourth quarter but not from retail sales, which suffered from the COVID-19 pandemic, supply chain and labor woes that the company is addressing, but in part, by raising the fee it charges for Prime membership. Operating income turned...
For the fiscal month of January, Costco continued to post strong comparable store sales gains generally and in the nonfoods category. January comparable sales excluding the effects of gasoline prices and foreign exchange volatility increased 10.8% year over year with...
