Revenue

Revenue is the income generated from normal business operations and includes discounts and deductions for returned merchandise.

Source: investopedia.com

Overstock Hopes Mobile App and Seach Upgrades Can Revive Revenues
Overstock Hopes Mobile App and Seach Upgrades Can Revive Revenues
February 22, 2023  |  Retail

Overstock.com’s refocus on selling home-only merchandise is not without its costs. This, as the Utah-based direct-to-consumer (D2C) retailer reported sharp declines in both its fourth...

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Crocs Focuses on Sandals for 2023 Following Record 2022
Crocs Focuses on Sandals for 2023 Following Record 2022
February 16, 2023  |  Retail

Continued demand for casual footwear led Crocs to a record 2022. The shoemaker announced in a Thursday (Feb. 16) press release that it recorded $3.6...

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Sonic Automotive Touts Omnichannel Car Buying Amid Record Sales
Sonic Automotive Touts Omnichannel Car Buying Amid Record Sales
February 15, 2023  |  Retail

Sonic Automotive said last year’s investment in omnichannel used car stores has paid off. The auto retailer’s latest earnings report showed that its EchoPark preowned...

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IKEA Parent Ingka Says Promotional Strategy Will End
IKEA Parent Ingka Says Promotional Strategy Will End
February 14, 2023  |  Retail

Although IKEA’s recent experiments with promotional campaigns have boosted sales, the company is hoping such measures are temporary. “We are currently seeing growing visitor numbers...

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Adidas Could Lose $1.3B in 2023 From Unsold Yeezy Inventory
Adidas Could Lose $1.3B in 2023 From Unsold Yeezy Inventory
February 10, 2023  |  Retail

Adidas’ breakup with Ye could lead to a revenue loss of 1.2 billion euros (about $1.3 billion) in 2023. The sportswear company said in a...

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Adyen Says It Looks to Expand as Payments Rivals Cut Jobs
Adyen Says It Looks to Expand as Payments Rivals Cut Jobs
February 08, 2023  |  Personnel

Payments firm Adyen plans to continue a hiring spree that has hindered its profits. “Adyen is operating at an increasingly global scale,” the Dutch FinTech...

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North Face Parent VF Corp Mulls Asset Sales, Sharper Focus as Vans Slumps
North Face Parent VF Corp Mulls Asset Sales, Sharper Focus as Vans Slumps
February 08, 2023  |  Retail

Innovation and a better shopping experience are on the agenda for the Vans brand. These targets are being pursued after the action sports footwear and...

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Alternative Data Gives Lenders Better Insight to Small Business Finances
Alternative Data Gives Lenders Better Insight to Small Business Finances
February 08, 2023  |  SMBs

These are tough times for small businesses. Enigma Technologies Chief Operating Officer and Chief Product Officer Scott Steinberg told PYMNTS that economic uncertainty is not...

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Is Amazon or Walmart the Retail Industry’s Recessionary Winner?
Is Amazon or Walmart the Retail Industry’s Recessionary Winner?
February 03, 2023  |  Retail

Now that Amazon has delivered its mixed fourth-quarter earnings results, the focus has shifted to Walmart, which is set to report its Q4 earnings Feb....

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