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Even with the pandemic continuing to spread and supply chains snarled around the world, LVMH Moët Hennessy Louis Vuitton saw a 29% spike in its 2022 first-quarter revenue, hitting 18 billion euros (about $19.5 billion) for the first three months of the year, according to...
Digital sales growth for grocery chain Albertsons Companies slowed to 5% in the fourth quarter of fiscal year 2021 and for the full fiscal year, reflecting a large-scale return of shoppers to stores to pick their own groceries after the pandemic triggered two-year surges of...
CarMax stock continued to dip on Tuesday (April 12), dropping about 5% in early trading with news that its fiscal 2022 fourth-quarter earnings were lower than the year before and that they had missed most analysts’ estimates. Get the Full Story Complete the form to...
While the majority of consumers now feel comfortable going to bars and restaurants, with contagion concerns no longer having the impact on consumer mobility that they did in earlier stages of the pandemic, social habits have nonetheless changed. Get the Full Story Complete the form...
Hobbies and habits picked up during quarantine continue to affect consumers’ cooking behavior, according to spices, seasonings and flavorings company McCormick & Company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
As soaring inflation has many consumers anxious about their spending, Darden Restaurants, parent company of Olive Garden and Longhorn Steakhouse, among others, is leveraging its scale to price out smaller brands. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Twice as many electric vehicles (EVs) were sold in 2021 than in the previous year, so a lot of new owners and operators are learning how to live with EVs and keep them charged. Get the Full Story Complete the form to unlock this article...
Online B2B marketplace Xometry saw its revenue increase more than 54% last year after making its debut as a public company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
