by Mike Duff | Jan 6, 2022 | Featured News, Retail Articles
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...
by Mike Duff | Jan 5, 2022 | Retail Articles
Economic activity in the manufacturing sector grew in December, but at a slower rate than in November, which some observers believe signals that inflation as it has been affecting the United States economy lately may have peaked. According to the latest Institute for...
by Mike Duff | Jan 5, 2022 | Retail Articles
In a reflection of rising raw material, supply chain and transportation costs, the Ingka Group announced that its Ikea subsidiary will raise prices across its global retail network, up an average of 9% on the range of its products. Costs are hitting Ikea in big and...
by Mike Duff | Jan 3, 2022 | Featured News, Retail Articles
Retail sales excluding automobiles gained 8.5% year-over-year this holiday season running from November 1 through December 24 according to Mastercard SpendingPulse, which tracks transactions across all payment types, Online sales grew 11% compared to the period a year...
by Mike Duff | Dec 20, 2021 | Retail Articles
Some 86% of U.S. consumers are aware of supply chain disruptions that could impact holiday gift availability, and seven in 10 U.S. holiday shoppers are adjusting buying behavior this season, according to an L.E.K. Consulting survey. Supply chain isn’t the only factor...
