by Mike Duff | Oct 13, 2022 | Retail Articles
Although no longer publicly traded, the Neiman Marcus Group released fiscal year 2022 business highlights and the company’s work toward its designated goal: Revolutionizing Luxury Experiences. During the first quarter, NMG appointed Ryan Ross as president of Neiman...
by Mike Duff | Aug 1, 2022 | Retail Articles
Ryan Ross, president of the Williams Sonoma banner, has resigned to take a leadership role outside of the company. Parent Williams-Sonoma announced that Felix Carbullido has assumed the role of president of the banner. He was Williams-Sonoma chief marketing officer....
by Mike Duff | Jul 19, 2022 | Retail Articles
Williams Sonoma has launched its eighth annual Tools For Change fundraising program benefitting No Kid Hungry, a national campaign to end childhood hunger in America, and including for-sale products with unique designs. To date, its parent company Williams-Sonoma and...
by Mike Duff | May 20, 2022 | Retail Articles
Sales at Ross Stores slid as the first fiscal quarter progressed leading to a comp decline and earnings shortfall. First-quarter net earnings were $338.4 million, or 97 cents per diluted share, versus $476.5 million, or $1.34 per diluted share, in the period a year...
by Mike Duff | Mar 2, 2022 | Featured News, Retail Articles
Ross Stores surpassed $5 billion in sales in the fourth quarter, although earnings slipped versus fiscal 2019 while still beating a Wall Street estimate. Net earnings for the quarter were $366.8 million, or $1.04 per diluted share, versus $238 million, or 67 cents per...