by Mike Duff | Jan 26, 2023 | Retail Articles
In the fourth quarter, Tractor Supply posted solid numbers as the company continued pursuing its growth strategy and got a little help from Old Man Winter. Net income increased to $270.9 million from $221.3 million, and diluted earnings per share increased to $2.43...
by Mike Duff | Jan 20, 2023 | Retail Articles
For the nine-week holiday period ended December 31, Nordstrom sales decreased 3.5% versus the nine weeks ended January 1, 2022, the company reported as part of a business update. Nordstrom banner sales decreased 1.7%, while those at its off-price Nordstrom Rack banner...
by Mike Duff | Jan 18, 2023 | Retail Articles
With consumers pressured by economic uncertainty, higher interest and inflation eroding their incomes, retail sales during 2022’s November-December holiday season grew 5.3% over the 2021 period to $936.3 billion but fell short of the National Retail Federation’s...
by Mike Duff | Jan 10, 2023 | Retail Articles
As it continues pursuing a merger with The Kroger Co., Albertsons Cos. beat Wall Street estimates for third-quarter adjusted earnings and revenue. Net income was $375.5 million, or 20 cents per diluted share, versus $424.5 million, or 74 cents per share diluted share...
by Mike Duff | Jan 10, 2023 | Retail Articles
Customer relationship management firm, Salesforce, has released its 2022 holiday recap of November and December shopping data indicating that consumers spent a total of $1.14 trillion online globally, flat year over year, and $270 billion in the United States up 5%...
