Although earnings slipped year over year, Albertsons beat Wall Street estimates for the first quarter driven by a gain in identical sales, even if inflation was part of the increase. Net income was $417.2 million, or 72 cents per diluted share, versus $484.2 million,...
After extensive store closings after filing for Chapter 11 bankruptcy protection in 2020, Sur La Table, the leading kitchen and culinary retailer, announced that it will be expanding its footprint with new location openings throughout 2023. Sur La Table will re-enter...
Inflation will have a major impact on how consumers approach the upcoming holiday season, according to Bluedot, which tracks customer arrivals at stores and websites. In Bluedot’s third annual Holiday Shopping Habits report, based on a September survey of more...
E-commerce platform BigCommerce has released its Global Consumer Report: Current and Future Shopping Trends, which determined that the metaverse, cryptocurrency and NFTs are poised to have a significant effect on retail and related businesses. Just how that will...
A study of consumers from the United States, United Kingdom, France and Germany from project44, a supply chain visibility platform, suggests that inflation and economic fears will have a significant impact on shopping decisions as the year winds down. In the study,...
