by Mike Duff | Jun 6, 2022 | Retail Articles
According to the Institute for Supply Chain Management, economic activity in the United States manufacturing sector grew in May, with the overall economy achieving a 24th consecutive month of growth. The report, based on interviews with supply executives, stated that...
by Mike Duff | Jun 6, 2022 | Retail Articles
Dave Clark, Amazon CEO of Worldwide Consumer and a critical player in the company’s operational expansion during the COVID-19 pandemic, is leaving the company to pursue other interests, the company reported. The move comes as Amazon is addressing overcapacity...
by Mike Duff | May 31, 2022 | Retail Articles
For the first quarter, Dollar Tree beat Wall Street estimates and, while introducing its financial results, laid out its investment strategy for the future. The company posted a first-quarter net income of $536.4 million, or $2.37 per diluted share, versus $374.5...
by Mike Duff | May 31, 2022 | Retail Articles
Even as it works to mitigate supply chain and inflation issues, Dollar General Corp. posted a first quarter earnings and sales beat on Wall Street estimates. Net income was $552.7 million, or $2.41 per diluted share, the company reported, versus $667.7 million, or...
by Mike Duff | May 27, 2022 | Retail Articles
An April slowdown dropped Big Lots to a loss in the first quarter as comparable sales fell into negative territory year over year. Big Lots reported a net loss of $11.1 million, or 39 cents per share, versus $94.6 million, or $2.62 per diluted share, in the year-past...
