by Mike Duff | Jan 10, 2022 | Featured News, Retail Articles
Mastercard SpendingPulse reported December retail sales closed strong in a robust holiday season that saw gains in stores and online while providing direction on trends likely to drive the sector in the year ahead. SpendingPulse, which measures in-store and online...
by Mike Duff | Jan 7, 2022 | Retail Articles
In a move to sell beyond its usual confines, Hy-Vee has announced an initiative that will give it the ability to serve shoppers across the United States with a focus on bulk food, pet supplies, and, perhaps surprisingly, home goods. The supermarket operator, with...
by Mike Duff | Jan 6, 2022 | Retail Articles
Costco Wholesale Corp. rolled on through its five-week fiscal December when it generated double-digit comparable store sales results. Company comparable sales, excluding fuel and foreign exchange rate volatility, gained 11.5% in the period year over year, with comps...
by Mike Duff | Jan 6, 2022 | Featured News, Retail Articles
In a tough third quarter roiled by transitional initiatives, supply chain issues and macroeconomic effects, Bed Bath & Beyond posted a net loss of $276.4 million, or $2.78 per diluted share, versus a net loss of $75.4 million, or 61 cents per diluted share, in the...
by Mike Duff | Jan 3, 2022 | Featured News, Retail Articles
Retail sales excluding automobiles gained 8.5% year-over-year this holiday season running from November 1 through December 24 according to Mastercard SpendingPulse, which tracks transactions across all payment types, Online sales grew 11% compared to the period a year...
