by Mike Duff | Sep 21, 2023 | Retail Articles
The Jungle Scout Consumer Trend Report for the third quarter reveals more consumers, 41%, spent about the same amount during the period compared to the second quarter than those whose spending declined, 35%, or increased, 24%. At the same time, the Amazon selling...
by Mike Duff | May 30, 2023 | Featured News, Retail Articles
Costco beat a Wall Street estimate on earnings in the third quarter, although it came up a bit short on revenues as lower discretionary spending on big-ticket items pressured results. Net income was $1.3 billion, or $2.93 per diluted share, which included a...
by Mike Duff | Feb 8, 2023 | Organization & Cleaning, Retail Articles
As it moves forward with its small-store initiative, the Container Store expressed satisfaction with the third quarter despite lower sales and earnings. Consolidated net income was $4.2 million, or eight cents per diluted share, versus $13.7 million, or 27 cents per...
by Mike Duff | Jan 27, 2023 | Featured News, Retail Articles
Bed Bath & Beyond has defaulted on its debt, the company reported in a 10-Q filing with the United States Securities and Exchange Commission, and the company is considering financing alternatives, again warning that it may have to file for bankruptcy. In a...
by Mike Duff | Jan 10, 2023 | Retail Articles
As it continues pursuing a merger with The Kroger Co., Albertsons Cos. beat Wall Street estimates for third-quarter adjusted earnings and revenue. Net income was $375.5 million, or 20 cents per diluted share, versus $424.5 million, or 74 cents per share diluted share...
