Industry Takes Fresh Look at Reverse Logistics
Reverse logistics — the management and movement of returned goods — is one of the most significant systems in the economy, and one of the most complicated.
Cyber Monday Sales Hit Record $12.4 Billion on Nov. 27
U.S. shoppers spent $12.4 billion on Cyber Monday, a robust result demonstrating the continued resilience of consumers despite dwindling pandemic-era savings and high interest rates.
Walmart Attracts Savings-Minded Shoppers, Posts Strong Q3
Walmart extended its streak of strong quarterly gains heading into the holiday season as its low prices attract shoppers looking for deals in a tough economic environment.
Rite Aid Files for Bankruptcy
PHILADELPHIA — Rite Aid said Oct. 16 that it has filed for bankruptcy and obtained $3.45 billion in fresh financing as it carries out a restructuring plan.
October 16, 2023Target Sales Ebb on Inflation, Pride Month Shopper Backlash
NEW YORK — Target’s second-quarter sales were hit by inflation and a negative reaction by some customers, widely publicized on social media, to its Pride merchandise.
Can Grocery Stores Save the American Mall?
Between movie theaters, fitness centers and full-on amusement parks, American shopping malls have scrambled for years to attract new visitors to counter plummeting foot traffic. Even before the coronavirus struck, the concept of the mall — once so central to suburban life — was increasingly viewed as an anachronism.
Home Depot Posts Record Profit, Revenue
Home Depot is seeing sustained demand for goods related to home improvement projects despite soaring prices and mortgage rates for homes.
May Retail Sales Post Drop as Auto Purchases Plunge
U.S. retail sales fell in May for the first time in five months, restrained by a plunge in vehicle purchases and other big-ticket items, suggesting moderating demand for goods amid decades-high inflation.
Home Depot Overcomes Slow Start to Year, Rising Home Prices
Home Depot’s first-quarter sales improved despite a slow spring start, and the home improvement chain raised its full-year guidance.
Are You Overpaying for Fuel?
Fuel prices are high, but your company has worked hard to implement the right fuel program; you’ve negotiated discounts with retail chains and set up bulk and mobile fueling deals… right?
May 1, 2022