by Mike Duff | May 18, 2023 | Retail Articles
Unseasonable weather was a contributing factor to the first sales and profit decline at Ace Hardware Corp. in more than six years, the cooperative asserted. In the first quarter, Ace recorded net income of $66.2 million, a decrease of 44.7% or $53.6 million, from the...
by Mike Duff | Apr 21, 2023 | Retail Articles
As Earth Day arrives, Beko Home Appliances and Alibaba.com released studies suggesting that demand for products associated with sustainability has a better-than-average chance of becoming popular with consumers. Research sponsored by Beko, which specializes in...
by Mike Duff | Apr 13, 2023 | Retail Articles
Sam’s Club is marking its 40th birthday this month with activations that celebrate membership, including in-club events, an exclusive café item and more than $100 in savings and rewards for members, as well as a membership offer that sets the price as low as $10...
by Mike Duff | Mar 13, 2023 | Retail Articles
As part of its ongoing expansion, BJ’s Wholesale Club announced today that it is adding five stores to its growing portfolio across the United States including its first in Alabama. The expansion includes plans for a new club in Madison, AL, increasing BJ’s...
by Mike Duff | Mar 9, 2023 | Retail Articles
The fourth quarter was a good one for BJ’s with comparable sales up solidly and earnings gaining more than enough to beat a Wall Street estimate. Net income was $129.8 million, or 95 cents per diluted share, versus $107.6 million, or 78 cents per diluted share, in the...
