Veeve to introduce Smart Carts at more Albertsons stores in US
Customers can pay using their cart and leave the store without having to queue for the checkout.
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Kohl’s reports 4.4% drop in revenue for first quarter of FY22
The retailer expects net sales of between 0% and 1% for the full year.
Target reports 4.0% revenue growth for first quarter of FY22
The retailer anticipates revenue growth in the low to mid-single digits for the full year.
Lowe’s posts $23.7bn in total sales for first quarter of FY22
The company expects total sales of between $97bn and $99bn for the full year.
The Home Depot registers 3.8% increase in sales for Q1 2022
The retailer expects its total sales and comparable sales to increase by around 3.0% for the full year.
Walmart posts 2.4% revenue growth for first quarter of FY23
The retailer expects its consolidated full-year net sales to increase by around 4% on a constant currency basis.
NRF reports 0.9% growth in US retail sales from March to April
Sales during the month were up in two-thirds of categories, with online sales, clothing and grocery stores leading in YoY…
Digital Brands records revenue growth in first quarter of FY22
The brand’s gross profit margin increased by 671% from last year to 42.9% during the quarter.