Consumers will continue to spend on holiday celebrations in the year ahead, but they think economic uncertainty will affect their plans, according to market researcher Numerator. In fact, 22% of participants in the Numerator study said economic uncertainty would have...
As it announced the successful completion of financing agreements the day after revealing plans to change the company’s strategic direction, including a re-emphasis on national brands, Bed Bath & Beyond has become the subject of greater scrutiny as to its...
Bed Bath & Beyond released a strategic update focused on changes to meet customer demand, drive growth and profitability, and improve its balance sheet and cash flows as the company reported on changes to the executive suite, a refocus on national brands, buybuy...
Kohl’s Corp. posted lower second-quarter sales and earnings as core customers realign spending amid macro economic conditions. The retailer, meanwhile, announced it plans to expand its Sephora offering to all stores. Kohl’s net income was $143 million, or 1.11...
Walmart put up solid numbers in its second quarter after moves to cut costs and shift emphasis as consumer spending patterns changed under the influence of inflation. Walmart net income was $5.15 billion, or $1.88 per diluted share, versus $4.28 billion, or $1.52 per...
