by Mike Duff | Mar 15, 2022 | Featured News, Retail Articles
In its annual forecast on prospects through year’s end, the National Retail Federation stated that it expects retail sales to grow between 6% and 8% to more than $4.86 trillion in 2022. NRF made the announcement during its annual State of Retail & the Consumer...
by Peter Giannetti | Mar 9, 2022 | Featured News, Retail Articles
“The business model is changing: I think that’s the headline,” Doug McMillion, Walmart CEO, said during the company’s fourth-quarter conference call. Walmart is shifting its resources to create and expand new revenue streams while making itself more competitive in a...
by Mike Duff | Mar 1, 2022 | Retail Articles
After a period of contention with an activist investor, Kohl’s posted earnings gains that beat a Wall Street estimate even if the company fell short of revenues expectations, with macro issues hitting the top line. Net income for the quarter was $299 million, or $2.20...
by Mike Duff | Feb 14, 2022 | Retail Articles
Consumers shopping for Valentine’s Day have shown a propensity for returning to pre-pandemic behaviors, according to market research firm Numerator, but many folks still want to celebrate by cooking at home. Pandemic-related behaviors cooking at home and ordering...
by Mike Duff | Feb 11, 2022 | Retail Articles
January was strong across the in-store and digital retail spectrum in the U.S., according to Mastercard SpendingPulse, which reported a 7.2% year-over-year retail sales gain for the month excluding auto sales. Despite Omicron and elevated inflation, pent-up savings,...
