Earnings

Earnings are the net benefits of a corporation's operation. Earnings is also the amount on which corporate tax is due.
Petco Steps Up Value After Being Blindsided by Deal-Seeking Consumers
Petco Steps Up Value After Being Blindsided by Deal-Seeking Consumers
March 13, 2024  |  Earnings

As shoppers continue to manage their budgets amid years of financial challenges, Petco has found itself caught unaware by the extent of pet parents’ pull...

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Family Dollar Parent Plans to Shutter Nearly 1,000 Stores
Family Dollar Parent Plans to Shutter Nearly 1,000 Stores
March 13, 2024  |  Retail

Dollar Tree says it plans to close nearly of its 1,000 Family Dollar locations. The discount retailer announced the closures with its earnings report Wednesday (March 13), saying that a...

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Grocery’s Omnichannel Present and Future Highlighted in Latest Big Box Retail Data
Grocery’s Omnichannel Present and Future Highlighted in Latest Big Box Retail Data
March 13, 2024  |  Retail

Amazon and Walmart — and the pitched battle between the two for all manner of retail spend — gets a fair share of digital ink...

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Petco Names Ex-Best Buy Executive Mike Mohan as Interim CEO
Petco Names Ex-Best Buy Executive Mike Mohan as Interim CEO
March 13, 2024  |  Personnel

Petco CEO, Chairman and board member Ron Coughlin stepped down from those roles Wednesday (March 13) and was succeeded by Interim CEO R. Michael (Mike)...

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LoanDepot Invests in Technology to Prepare for Mortgage Industry Rebound
LoanDepot Invests in Technology to Prepare for Mortgage Industry Rebound
March 12, 2024  |  Earnings

LoanDepot is investing in technology as it prepares for a rebound in industrywide mortgage origination volumes. While the provider of home lending solutions reduced its expenses...

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Allbirds Closing Stores as Retailers Feel the Burn of Shopper Cutbacks
Allbirds Closing Stores as Retailers Feel the Burn of Shopper Cutbacks
March 12, 2024  |  Retail

Not long after touting its brick-and-mortar expansion, footwear brand Allbirds is becoming the latest merchant to shutter stores — a move that comes as consumers’...

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Nearly Three-Quarters of Retail Customers Consider Deals When Choosing Merchants
Nearly Three-Quarters of Retail Customers Consider Deals When Choosing Merchants
March 12, 2024  |  Consumer Insights

As ongoing economic challenges have continued to affect consumer behavior, PYMNTS Intelligence finds that deal-seeking behavior has long since become mainstream. By the Numbers PYMNTS...

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Priority Technology Holdings Sees Demand for Tools for ‘Real-Time Economy’
Priority Technology Holdings Sees Demand for Tools for ‘Real-Time Economy’
March 12, 2024  |  Earnings

Priority Technology Holdings saw demand for its payments and Banking-as-a-Service (BaaS) offerings grow across its three segments: small- to medium-sized business (SMB) acquiring solutions, B2B...

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Kohl’s Takes Baby Steps Toward Growth With New Babies ‘R’ Us Partnership
Kohl’s Takes Baby Steps Toward Growth With New Babies ‘R’ Us Partnership
March 12, 2024  |  Retail

As Kohl’s finds partnerships to be a bright spot in an otherwise challenging retail environment, the department store chain is teaming up with Babies “R”...

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