by Mike Duff | May 5, 2022 | Featured News, Retail Articles
National Retail Federation Chief Economist Jack Kleinhenz said in the organization’s Monthly Economic Review the economy’s fast-paced growth could slow somewhat as the United States Federal Reserve boosts interest rates incrementally during the coming months to slow...
by Peter Giannetti | Apr 28, 2022 | Appliances, Kitchen Electrics
Keurig Dr Pepper Inc., in announcing its first-quarter results, reported a decline in coffee system sales attributed by the company to supply chain disruption. Coffee system net sales during the quarter of $1.09 billion marked a 4.3%, decline from $1.14 billion in the...
by Mike Duff | Apr 25, 2022 | Retail Articles
Walmart has opened its anticipated $220 million import distribution center in Ridgeville, SC, in an event featuring remarks from Henry McMaster, the state’s governor, and Mike Gray, the company’s senior vp supply chain operations, as well as facility associates and...
by Mike Duff | Apr 15, 2022 | Featured News, Retail Articles
In his first shareholder letter as Amazon president and CEO, Andy Jassy stated that a new world with a bigger role had opened up for the company during the COVID-19 pandemic and Amazon is evolving to meet the challenges and opportunities of the times. In assessing the...
by Mike Duff | Apr 13, 2022 | Featured News, Retail Articles
Bed Bath & Beyond posted a fourth-quarter net loss and a comparable sales decline versus 2020 and 2019, attributed in part by company management to global supply chain disruption that limited inventory availability during the quarter. The retailer’s net loss...
