by Mike Duff | Nov 27, 2023 | Retail Articles
While announcing substantial growth intentions, Burlington Stores posted third-quarter earnings and revenues just shy of a Wall Street estimate but with strong comparable sales growth. Net income was $48.6 million, or 75 cents per diluted share, versus $16.8 million,...
by Mike Duff | Nov 14, 2023 | Retail Articles
In its 2024 State of Procurement Report, Amazon Business noted that a majority of procurement teams expect their budgets to rise next year, and many leaders are evaluating how they can further invest in tools and technologies to deliver optimization and a more...
by Mike Duff | Nov 8, 2023 | Retail Articles
For the third quarter, eBay sales and revenue topped a Wall Street estimate as it launched new initiatives in consignment services and refurbished appliances as well as product repairs. Net income from continuing operations was $1.31 billion, or $2.46 per diluted...
by Mike Duff | Nov 7, 2023 | Retail Articles
Inflation continues to influence holiday shoppers who are budgeting higher for gifts and other seasonal purchases this year, according to a RetailMeNot survey. Shoppers are budgeting for $932 in spending versus $725 in 2022. The major effect of inflation is a...
by Mike Duff | Oct 23, 2023 | Retail Articles
Exclusive discounts on many of Belk’s top national brands await customers at the company’s second Charity Sale of the year. In the sales event, running from Friday, November 3 through Sunday, November 5, at all store locations, excluding outlet stores, Belk...