Earnings

Earnings are the net benefits of a corporation's operation. Earnings is also the amount on which corporate tax is due.

Today in Retail: Same-Day Fulfillment Boosts Target Earnings; Retailers Sell Shoppers’ Data for Online Ads

Today in Retail: Same-Day Fulfillment Boosts Target Earnings; Retailers Sell Shoppers’ Data for Online Ads
Today in Retail: Same-Day Fulfillment Boosts Target Earnings; Retailers Sell Shoppers’ Data for Online Ads
November 17, 2021  |  Retail

In today’s top retail news, Target is touting its ability to meet consumers wherever they shop during the holiday season, while Amazon, Walmart, Home Depot...

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Retail Earnings Show Online Slowdown is In-Store’s Gain
Retail Earnings Show Online Slowdown is In-Store’s Gain
November 17, 2021  |  Retail

If online sales growth is slowing, and overall retail spend is on the rise (even accounting for inflation), it stands to reason that on-site shopping...

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Target Says Buy Online, Pickup In Store Up 400% Since 2019
Target Says Buy Online, Pickup In Store Up 400% Since 2019
November 17, 2021  |  Retail

Same-day services and in-store sales propelled Target’s sales growth in the third quarter, with executives at the Minnesota-based retailer saying they have the inventory and...

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TJX Sales Jump as Customers Return to Stores
TJX Sales Jump as Customers Return to Stores
November 17, 2021  |  Retail

Discount apparel and home goods retailer The TJX Companies on Wednesday (Nov. 17) said third-quarter sales were up 24% year-over-year and up 20% compared to...

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Lowe’s Sales Steady as Consumers Continue Investments in Home
Lowe’s Sales Steady as Consumers Continue Investments in Home
November 17, 2021  |  Retail

Lowe’s Companies, Inc. on Wednesday (Nov. 17) reported $22.9 billion in total sales for the third quarter of fiscal 2021, ended Oct. 29, up from...

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EMEA Daily: UK’s Cazoo Acquires Swipcar for $40M; Mastercard’s Aiia Powers New Platform in Denmark
EMEA Daily: UK’s Cazoo Acquires Swipcar for $40M; Mastercard’s Aiia Powers New Platform in Denmark
November 16, 2021  |  International

In today’s top Europe, Middle East and Africa (EMEA) news, U.K. online car retailer Cazoo acquires motor vehicle subscription platform Swipcar for $40 million; Mastercard’s...

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Consumers to Get JumiaPay Wallet as App Transactions Reach 36% of Total Orders in Q3
Consumers to Get JumiaPay Wallet as App Transactions Reach 36% of Total Orders in Q3
November 16, 2021  |  Earnings

Africa-focused online marketplace Jumia Technologies highlighted signs of growth acceleration during its third quarter earnings call Tuesday (Nov. 16). Get the Full Story Complete the...

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Walmart Leverages Scale in Grocery to Price Out Competitors
Walmart Leverages Scale in Grocery to Price Out Competitors
November 16, 2021  |  Retail

Walmart is widening its lead in grocery, targeting consumers who are put off by rising prices. In the quarter ended October 29, 2021, the chain...

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Walmart Results Show Omnichannel Consumers Still Like to Shop in Stores
Walmart Results Show Omnichannel Consumers Still Like to Shop in Stores
November 16, 2021  |  Retail

If there were any doubts that the omnichannel consumer is here to stay, Walmart’s latest results, out this morning (Nov. 16), might dispel them. Get...

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