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Tag: retailer

The refugee exodus from Ukraine to Poland helps limit sales slump at home improvement retailer Kingfisher

The refugee exodus from Ukraine to Poland helps limit sales slump at home improvement retailer Kingfisher

By adminPosted on September 20, 2022

The exodus of refugees from Ukraine to Poland helped U.K.-headquartered home improvement retailer Kingfisher limit the damage from a return to normalcy compared to the coronavirus pandemic. Same-store sales at Read more

Nordstrom stock tanks after retailer lowers outlook for the year

Nordstrom stock tanks after retailer lowers outlook for the year

By adminPosted on August 23, 2022

Nordstrom Inc. stock fell more than 10% in the extended session Tuesday after the retailer beat expectations for its second quarter but called for lower sales and profit for the Read more

Best Buy adds to retailer woes, cutting outlook as end of PC boom takes its toll

Best Buy adds to retailer woes, cutting outlook as end of PC boom takes its toll

By adminPosted on July 28, 2022

The end of a boom in personal-computer sales is landing on Best Buy Inc.’s financial statements. The electronics retailer warned investors Wednesday afternoon that it will not hit financial targets Read more

Gasoline prices have fallen, but probably haven't peaked yet

Costco June results suggest gas prices helped the warehouse retailer in more ways than one

By adminPosted on July 8, 2022

While other retailers struggle in the face of inflation, Costco Wholesale Corp. reported a 20.4% net sales increase for the month of June, with analysts suggesting that higher gas prices Read more

RH stock falls after retailer lowers outlook for the year

RH stock falls after retailer lowers outlook for the year

By adminPosted on June 29, 2022

RH shares dropped 6% in the after-hours session Wednesday after the retailer formerly known as Restoration Hardware dialed down its outlook for the year, saying demand has slowed thanks to Read more

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