by Mike Duff | Nov 19, 2021 | Featured News, Retail Articles
In what it termed a move to accelerate its health strategy, CVS Health announced that it would develop new retail concepts, close 900 stores and replace Neela Montgomery, evp and president of CVS Retail/Pharmacy. Prem Shah will take the newly created role of chief...
by Mike Duff | Nov 17, 2021 | Retail Articles
For the third quarter, Lowe’s Cos. pointed to strong sales and earnings gains and, in a conference call, announced a partnership with AARP to provide products and services for consumers who want to age in their own homes. The company reported net earnings of...
by Mike Duff | Nov 16, 2021 | Featured News, Retail Articles
Even with COVID-19 lingering and related marketplace challenges affecting operations, Walmart enjoyed a strong third quarter that saw it build momentum, president and CEO Doug McMillion declared. For the quarter, Walmart posted a company net income of $3.11 billion,...
by Mike Duff | Nov 11, 2021 | Retail Articles
Sally Beauty enjoyed a Wall Street beat overall as comparable sales in the retail segment advanced for the fourth quarter. Net earnings were $68.1 million, or 59 cents per diluted share, versus $70.2 million, or 62 cents per diluted share, in the year-previous...
by Mike Duff | Nov 8, 2021 | Retail Articles
As the company rolls along into November, Kohl’s provided a first look at its Black Friday Ad, which features hundreds of hot deals to help customers save money this holiday season. The company announced that consumers now can begin planning their in-store and...