Earnings

Earnings are the net benefits of a corporation's operation. Earnings is also the amount on which corporate tax is due.

Target Transforms Stores to Meet eGrocery Demand
Target Transforms Stores to Meet eGrocery Demand
May 18, 2022  |  Retail

With the rise of online grocery, brick-and-mortar retailers are challenged to rethink their operations with an eye toward meeting this digital demand. Target, for one,...

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Shoe Carnival Plans 10 New Store Openings This Year
Shoe Carnival Plans 10 New Store Openings This Year
May 18, 2022  |  Retail

Shoe Carnival pointed to sales growth above pre-pandemic levels in its fiscal 2022 first-quarter report, according to a company press release Wednesday (May 18). The...

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Target Sees Resilient Consumers, Spending Splurges as It Races to Right-Size Inventory
Target Sees Resilient Consumers, Spending Splurges as It Races to Right-Size Inventory
May 18, 2022  |  Retail

In a land where managing Wall Street expectations is a make-or-break endeavor, Target was handed the equivalent of a failing grade Wednesday morning (Mat 18),...

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TJX Adds New Sustainability Goals as Customers Return to Brick-and-Mortar Stores
TJX Adds New Sustainability Goals as Customers Return to Brick-and-Mortar Stores
May 18, 2022  |  Retail

Stores in the TJX Companies family are part of a growing trend of shoppers returning to brick-and-mortar stores, with its Marshalls and TJ Maxx stores...

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Today in Data: Retail Sales See Slight Upswing
Today in Data: Retail Sales See Slight Upswing
May 18, 2022  |  Today In Data

Today in data, retail sales rise slightly in the U.S. as Walmart and Home Depot report their earnings. Data $142B: First-quarter sales reported by Walmart...

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Lowe’s Posts Mixed Q1 Earnings as Chilly Spring Cools Demand 
Lowe’s Posts Mixed Q1 Earnings as Chilly Spring Cools Demand 
May 18, 2022  |  Earnings

Chilly spring weather was blamed on home improvement retailer Lowe’s drop in first-quarter fiscal year sales, coming in at $23.7 billion compared to $24.4 billion...

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Container Store Cleans up With Record Sales, Plans to Double Business
Container Store Cleans up With Record Sales, Plans to Double Business
May 18, 2022  |  Retail

As a cloud of uncertainty hangs over housing prices and rising interest rates are taking a bite out of buying power, the case for staying...

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Walmart Sees Shift to Private-Label Groceries Amid Rapid Food Inflation
Walmart Sees Shift to Private-Label Groceries Amid Rapid Food Inflation
May 17, 2022  |  Walmart

For multiple quarters in a row, Walmart has been able to leverage inflation to its advantage when it comes to grocery, pricing out competitors. Now,...

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JumiaPay Transactions Account for 34% of Total Orders in Q1, Faces Increased Competition
JumiaPay Transactions Account for 34% of Total Orders in Q1, Faces Increased Competition
May 17, 2022  |  Earnings

Africa-focused online marketplace Jumia Technologies highlighted signs of continued growth in the first quarter of 2022, driven by the expansion of its logistics service and...

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