by Mike Duff | Feb 23, 2023 | Retail Articles
Wayfair CEO Niraj Shah, in announcing the company’s year-over-year loss increased and revenue slipped year in the fourth quarter, said the retailer had adjusted operations for greater efficiency and to generate better results. Wayfair CEO Niraj Shah, in...
by Mike Duff | Feb 23, 2023 | Retail Articles
With a change in focus to a home-only assortment and headwinds from consumer behavior changes and general economic conditions, Overstock suffered a loss for the fourth quarter, but the online retailer managed an adjusted net income gain for the full fiscal year...
by Mike Duff | Feb 21, 2023 | Featured News, Retail Articles
Walmart reported its fourth-quarter results beat Wall Street estimates as the company adjusted to economic conditions and won market share while preparing to modify operations further with additional emphasis on home and apparel categories. Walmart net income was...
by Mike Duff | Feb 13, 2023 | Retail Articles
After extensive store closings after filing for Chapter 11 bankruptcy protection in 2020, Sur La Table, the leading kitchen and culinary retailer, announced that it will be expanding its footprint with new location openings throughout 2023. Sur La Table will re-enter...
by Mike Duff | Dec 15, 2022 | Retail Articles
After a surge of early holiday shopping during a promotion-filled October, November retail sales slipped month over month but still saw solid year-over-year gains, the National Retail Federation announced. NRF’s calculation of retail sales, based on United States...
