Loblaw Cos. announced today its unaudited financial results for the third quarter ended October 7, 2023. The company delivered another quarter of strong operational and financial results as it continued to execute on retail excellence.
Target Corp. today posted better-than-expected earnings for its fiscal third quarter despite another decline in comparable-store sales. Shoppers remain cautious, the company said, but did spend for necessities like food, school supplies and beauty aids.
A “special edition” of the dunnhumby Retailer Preference Index (RPI) places Amazon, H-E-B, and Kroger atop the latest rankings of grocery retailers in terms of their abilities to personalize shopping experience to best serve shoppers.
Amazon Business has released its 2024 State of Procurement Report, revealing 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 strategic approach to bus
WASHINGTON – The National Retail Federation (NRF) and CNBC announced the launch of their new monthly “CNBC/NRF Retail Monitor,” powered by Affinity Solutions, and the release of October 2023 retail sales data.
DEERFIELD, Ill. – Walgreens Boots Alliance (WBA) announced that it has sold shares of Cencora, Inc.
Despite concerns over high prices, shoppers across the country remain surprisingly upbeat about their financial outlook and their ability to provide food for their families this holiday season. According to the latest U.S.
SOLON, OHIO – As ECRM celebrates its 30th Anniversary next year, it will be returning to its roots hosting a full roster of in-person Sessions across categories within food and beverage, health and beauty care, general merchandise and pharmacy/medical markets.
CHICAGO – The number of consumers planning to do at least some of their holiday shopping online rose to 82% this year, according to a recent holiday purchase intentions consumer survey from Circana, formerly IRI and The NPD Group.
WASHINGTON – The National Retail Federation today forecast that holiday spending is expected to reach record levels during November and December and will grow between 3% and 4% over 2022 to between $957.3 billion and $966.6 billion.
United Natural Foods, Inc. (UNFI) announced the appointment of Andre Persaud as president and chief executive officer of Retail, effective November 6, 2023.
Amazon.com Inc. reported third-quarter revenue and earnings that topped analysts’ forecasts, and the e-commerce giant said it expects fourth-quarter net sales to be between $160 billion and $167 billion, which would be an increase of between 7% and 12% compared with the fourth quarter of 2022.
WASHINGTON – A retail group said Wednesday that a proposed reduction in the “swipe” fees that merchants pay banks to process debit card transactions is welcome but doesn’t go far enough.
LINCOLNSHIRE, Ill. – Zebra Technologies Corporation has announced the findings of its 16th Annual Global Shopper Study which confirmed retailers are feeling the omnichannel squeeze, particularly with managing online returns and reducing shrink caused by theft, fraud and other contributing factors.
WASHINGTON – Consumers celebrating the winter holidays expect to spend an average of $875 on gifts, food and seasonal items, according to a survey conducted by Prosper Insights & Analytics for the National Retail Federation.
Rite Aid Corp. announced Tuesday that it has received approvals from the U.S. Bankruptcy Court for the District of New Jersey for its “First Day” motions related to the company’s voluntary Chapter 11 petitions filed on October 15, 2023. The Court granted interim approval to access up to $3.
