by Mike Duff | Feb 8, 2024 | Retail Articles
For its fiscal January, Costco Wholesale Corp. posted net sales of $22.08 billion, up from $21.13 billion in the year-previous month. With the effects of fuel prices and currency exchange excluded, comparable sales gained 3.4%, with those in the United States up 2.2%,...
by Mike Duff | Feb 7, 2024 | Retail Articles
As it reported fourth-quarter financials, CVS announced that it had established a new Pharmacy & Consumer Wellness segment, which includes its retail and long-term care pharmacy operations and related pharmacy services, as well as its front store operations, which...
by Mike Duff | Feb 2, 2024 | Retail Articles
In a strong finish to the year, Amazon easily beat Wall Street estimates as sales in North America advanced to double digits and the region turned to profits. In announcing its financial results, Amazon maintained that generative artificial intelligence would be a...
by Mike Duff | Jan 18, 2024 | Retail Articles
Ikea U.S. is reporting sales gains and plans to expand its Plan and Order Points with Pick-Up locations and stores considerably smaller than its showroom format dedicated to kitchen, bedroom, and living room planning. According to the company, the fiscal year 2023 set...
by Mike Duff | Jan 4, 2024 | Retail Articles
Whatever else comes out of the year’s end, the holiday season experienced gains in online sales, according to Adobe Analytics and Signifyd. Adobe Analytics pegged online holiday season retail revenue, defining the period as November 1 to December 31, at $222.1...
