Tag: results

News & Trends

Very enjoys sales uplift over Christmas period

January 12, 2023

Via: Charged

Very enjoyed a 2.2% uplift in retail sales in the lead-up to Christmas, citing the popularity in air fryers and games consoles as the reason. Sales in the toys, gifts and beauty categories also increased by 17.7% in the seven […]


FedEx Plans $1 Billion in Cuts as Demand Falls

December 21, 2022

Via: Retail TouchPoints

FedEx is planning to cut an additional $1 billion in costs, citing weak demand that led to a disappointing profit for Q2 2023, which ended Nov. 30. Most of the cuts are expected to impact the Express unit through measures […]


Q3 Results: Walmart Grabs Grocery Share, Target Clears Inventory and ThredUP Order Volumes Soar

November 16, 2022

Via: Retail TouchPoints

Inflation continued to loom in Q3 2022 and it has proven to be the defining force for many retailers. Walmart’s comparable sales rose 8.2% as shoppers flocked to the retail giant for inexpensive groceries, while Target’s comparable sales rose 2.7% […]

E-commerce, Retail Types

Alibaba’s shares drop as increasing government pressure sees it miss forecasts

August 4, 2021

Via: Charged

Alibaba missed analyst expectations over the previous quarter as increasing competition from rivals and an ongoing government-led “rectification” campaign. The ecommerce giant saw retail revenues jump by 35 per cent to 180.24 billion yuan (£19.99 billion) in the three months […]

E-commerce, Retail Types

Amazon shares dip 2% despite record quarter as it warns Christmas deliveries will be “tight”

October 30, 2020

Via: Charged

Amazon has seen its shares dip two per cent in morning trading after it warned that its Christmas quarter could be “tight”. The online retail behemoth spooked investors yesterday after it warned that it could struggle to meet demand for […]

News & Trends, Others

Report: Online-only strategy ultimately unsustainable for most retailers

January 13, 2016

Via: Chain Store Age

A new study links retailers’ success to an omnichannel strategy that includes physical stores. According to the report, by L2 and titled “Death of Pureplay Retail,” online-only retailers are at a disadvantage due to high costs for marketing and shipping, […]