ICSC: Big Gain in Average Holiday Spend

ICSC: Big Gain in Average Holiday Spend

The International Council of Shopping Centers has released research indicating retail sales grew 17% year-over-year in November and December of 2021. ICSC’s 2021 Post-Holiday Survey has found that consumers spent an average of $1,011 this holiday season with 226...
Bed Bath & Beyond Posts Q3 Loss

Bed Bath & Beyond Posts Q3 Loss

In a tough third quarter roiled by transitional initiatives, supply chain issues and macroeconomic effects, Bed Bath & Beyond posted a net loss of $276.4 million, or $2.78 per diluted share, versus a net loss of $75.4 million, or 61 cents per diluted share, in the...