by Mike Duff | Feb 11, 2025 | Retail Articles
As expected, consumers spent less money in January than during the busy holiday month before. Still, the National Retail Federation announced that retail sales gained year-over-year, according to the CNBC/NRF Retail Monitor. Total retail sales, excluding automobiles...
by Mike Duff | Feb 10, 2025 | Retail Articles
Costco Wholesale Corp for its fiscal month of January posted net sales of $19.51 billion versus $17.87 billion in the month a year before. With the effects of changes in gasoline prices and foreign exchange excluded, Costco’s comparable stores sales advanced...
by Mike Duff | Jan 13, 2025 | Retail Articles
Retail sales made gains in December, boosted in part by two busy Thanksgiving weekend holiday shopping days falling during the final month of the year, the National Retail Federation announced. The CNBC/NRF Retail Monitor report for December 2024 had total retail...
by Mike Duff | Jan 10, 2025 | Retail Articles
As it engages in a turnaround effort, Walgreens Boots Alliance posted lower earnings and lower retail comparable sales but still beat Wall Street estimates. Company net loss in the first quarter was $265 million, or 31 cents per share, versus a net loss of $67...
by Mike Duff | Jan 10, 2025 | Retail Articles
In announcing third quarter financial results, Vivek Sankaran, Albertsons Cos. CEO, stated that the company had positioned itself for future growth, despite a planned merger with The Kroger Co. falling through due to opposition from United States Federal and a group...