When a public company hosts a quarterly earnings call, it’s usually a predictable, even tedious affair. The executives who deliver news of the profit or loss are usually rehearsed and monotone. The analysts who ask the questions usually know what the answers will be, and...
Cars.com found that more than a third of Americans are telecommuting as commuting habits have changed over the pandemic, placing more dependence on personal vehicles. The firm found that 66 percent of workers are saving valuable time on their trips to work, with buses, subways...
As the revival of the economy gained momentum, the number of visits to stores in Britain spiked in the previous week. Information company Springboard indicated that foot traffic increased 4.1 percent during the timeframe of Aug. 16 to Aug. 22 in comparison to the week...
It’s often said that home is where the heart is. But in 2020, it seems that expression could be modified to note that home is just about where everything making up a typical consumer’s life is, as COVID-19 has seriously dimmed most people’s enthusiasm for...
The bad news continues to pile up for the mall sector. With real estate investment trust CBL Properties reportedly preparing to file for bankruptcy earlier this week, now the country’s largest mall is fighting to avoid foreclosure. Get the Full Story Complete the form to...
Ross Stores might want to check out this eCommerce thing. While its competitors were able to post some online revenue as their stores were closed due to the pandemic, the 1,483-store discount chain pitched a virtual shutout for Q2. Get the Full Story Complete the...
Ross Stores and TJX Cos. investors appear to be patient as they await the end to COVID-19 and could potentially see attractive returns after the pandemic, The Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Foot Locker, Inc. reported that second-quarter comparable-store sales rose 18.6 percent, as the sportswear retailer reported better-than-expected earnings and reinstated its quarterly dividend program, according to a Friday (Aug. 21) announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Taco Bell has come up with a new store design to encourage consumers to order their meals ahead of their arrival — making it the latest quick-service restaurant (QSR) chain to rethink its entire operational structure in response to consumers’ surging use of drive-thru lanes...
