by Mike Duff | Jan 6, 2022 | Retail Articles
Costco Wholesale Corp. rolled on through its five-week fiscal December when it generated double-digit comparable store sales results. Company comparable sales, excluding fuel and foreign exchange rate volatility, gained 11.5% in the period year over year, with comps...
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 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
With the holiday season at its peak, Walgreens is offering deals including gifts under $20 and fast shopping services including same-day delivery, and pick up on Christmas eve and day. The run of family gatherings, holiday parties, office in-person or virtual gift...
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...