by Mike Duff | Nov 29, 2023 | Retail Articles
Dollar Tree fell short of Wall Street estimates for revenues and earnings in the third quarter, but the retailer posted solid comp store sales and pointed to market share gains in a conference call. Net income was $212 million, or 97 cents per diluted share, versus...
by Mike Duff | Nov 28, 2023 | Retail Articles
Macy’s has appointed Sharon Otterman as chief marketing officer, reporting to Tony Spring, the company’s president and CEO-elect. Otterman will lead Macy’s strategic marketing, supervising the company’s brand evolution including building awareness, engagement...
by Mike Duff | Nov 28, 2023 | Featured News, Retail Articles
The National Retail Federation reported a record 200.4 million consumers shopped during the five-day holiday weekend from Thanksgiving Day through Cyber Monday, surpassing last year’s record of 196.7 million. The annual Thanksgiving Day-through-Cyber Monday shopping...
by Mike Duff | Nov 28, 2023 | Retail Articles
Amazon declared that its extended Black Friday and Cyber Monday holiday shopping event, which kicked off November 17 and continued through November 27, was the company’s biggest ever compared to the same 11-day period ending on Cyber Monday in previous years....
by Mike Duff | Nov 27, 2023 | Retail Articles
In an initial shopper traffic data study of brick-and-mortar retail stores and shopping centers in the United States, Sensormatic Solutions stated that shopper visits increased by 4.6% on Black Friday, November 24, versus the sales event in the year previous. The...