by Peter Giannetti | Sep 7, 2022 | Appliances, Cookware, Food Storage, Kitchen Electrics, Kitchenware
Newell Brands Inc. reported it is revising its outlook for its third quarter and full-year 2022 to reflect a more challenging operating and consumer backdrop than initially expected. The company revised its third-quarter net sales outlook to $2.21billion to $2.32...
by Mike Duff | May 12, 2022 | Retail Articles
Net loss was $18.2 million, or 21 cents per diluted share, versus $37.1 million, or 55 cents per diluted share, in the year-prior period. For the third quarter of fiscal 2022, Tuesday Morning Corp. reported a smaller net loss but expectations of a weaker than expected...
by Mike Duff | Jan 21, 2022 | Retail Articles
In a move to support its expanding supply chain network and e-commerce business, Walmart announced plans to build a million square foot plus fulfillment center in Olive Branch, MS, to open this spring. The e-commerce-focused facility is part of a broader Walmart...
by Peter Giannetti | Jan 7, 2022 | Appliances, Featured News, Home Environment, Kitchenware
Helen of Troy Limited reported consolidated net revenue of $624.9 million, a 2% percent decrease compared to the same period in 2021 and a 31.6% increases compared to the period in 2020. The consolidated net sales decline, Helen of Troy reported, was driven in part by...
by Mike Duff | Dec 22, 2021 | Featured News, Retail Articles
Rite Aid, reconfiguring operations to deal with an evolving market, posted a net loss for the third quarter, acquired the 67-store Bartell Drug chain, announced the closure of 63 Rite Aid locations and advanced comparable sales in its front-end business. For the third...
