8 months ago Q3 2021 Roundup: Major Players Shake Off Supply Chain Woes but Challenges Remain Retailers saw strong results overall in Q3 2021 as the recovery continued, but supply chain shortages loom as they enter the holiday…
2 years ago HomeGoods Provides Bright Spot for TJX in Q3; Retailer Plans Ecommerce Launch for Banner in 2021 The TJX Companies Inc. exceeded Wall Street’s expectations in Q3, fueled by strong growth in its HomeGoods division, which generated 15% comp-store…
4 years ago Lowe’s Plans Mexico Exit Amid Continued Restructuring Lowe’s intends to exit Mexico as it continues shifting away from its underperforming businesses under the leadership of new CEO Marvin Ellison….
6 years ago Deflated Food Prices Fuel 8.6% Q3 Loss For Kroger Cheaper food certainly makes grocery shoppers happier as they exit the checkout lane, but America’s largest supermarket chain isn’t feeling the same…
6 years ago Dollar Tree Boosts Both Sales And Profits In Q3 Demonstrating the ongoing strength of the discount sector, Dollar Tree achieved Q3 sales of $5 billion, a 1.1% increase over the same…
6 years ago Gap Closes Additional Stores In Wake Of Weak Q3 Struggling apparel retailer Gap said it would close as many as 65 company-operated stores this year, compared with its previous forecast of…
6 years ago Walmart Boosts E-Commerce Sales 21% On Heels Of Jet.com Acquisition Walmart’s $3.3 billion acquisition of e-Commerce site Jet.com already appears to be paying dividends for the retail giant. The brand boosted e-Commerce…
6 years ago After Lackluster Q3, Department Stores Tighten Inventory And Rethink Real Estate As consumers continue to prefer Amazon and off-price brands, traditional department stores and big box players have struggled to keep pace in…
6 years ago Macy’s To Maximize Real Estate Assets As Q3 Sales Continue To Fall Macy’s posted a sales loss for the seventh straight quarter, another strong sign that the retailer must find ways to get the…
6 years ago EBay Continues Brand Repositioning As Profits Dip Although eBay has long been known as an online destination where shoppers place bids in an auction-style setting, the e-Commerce brand wants…
7 years ago Macy’s Stock Falls 15% Amid Poor Q3 Showing Macy’s stock fell as much as 15% on Nov. 11 after reporting a 5.2% sales decline to $5.87 billion in Q3. The…
7 years ago Amazon Turns A Profit For The Second Straight Quarter For the second straight quarter, Amazon posted a profit, backed heavily by strong North American sales and growth to its Amazon Web…