by Mike Duff | Sep 14, 2023 | Retail Articles
Despite a slowing economy, retail sales rose in August as parents shopped for school supplies and other goods even as inflation continued and interest rates remained high, according to the National Retail Federation. In citing figures from the United States Census...
by Mike Duff | Sep 5, 2023 | Retail Articles
Celigo, a cloud-based platform that integrates applications for client companies, sponsored a holiday survey demonstrating that consumers anticipate a better holiday 2023 shopping experience compared to previous years and are leaning toward online gift shopping, but...
by Mike Duff | Aug 4, 2023 | Retail Articles
As the company pursues its turnaround strategy, Qurate Retail missed analyst estimates for second-quarter sales and earnings, with adjusted profits falling into loss territory. Company net earnings were $107 million, or 28 cents per diluted share versus $203 million,...
by Mike Duff | Aug 3, 2023 | Retail Articles
With an eye to increasing momentum, Wayfair gained traction on its turnaround strategy in the second quarter, posting adjusted profits among its better results and easily beating Wall Street estimates. Net loss was $46 million, or 41 cents per diluted share, versus a...
by Mike Duff | Jul 25, 2023 | Retail Articles
Although earnings slipped year over year, Albertsons beat Wall Street estimates for the first quarter driven by a gain in identical sales, even if inflation was part of the increase. Net income was $417.2 million, or 72 cents per diluted share, versus $484.2 million,...
