Customers shop on May 19, 2020 at a Walmart store in Chicago, Illinois. Scott Olson | Getty Images Walmart gave investors a few hints about its upcoming membership program Tuesday, saying it will offer customers benefits such as fast deliveries and low prices. For the past few months, investors and …
Read More »Kohl’s sees billions in market share go free as retailers go bankrupt
Customers leave a Kohl’s store on November 12, 2015 in San Rafael, California. Justin Sullivan | Getty Images News | Getty Images Kohls sees an opportunity in the coronavirus pandemic to steal market share from troubled retailers and gain new customers if competitors go bankrupt and liquidate their stores. “We …
Read More »Walmart says consumer spending dropped as stimulus controls ran
Buyers are seen wearing masks while shopping at a Walmart store in Bradford, Pennsylvania, July 20, 2020. Brendan McDermid | Reuters Walmart’s second-quarter fiscal sales received a boost from this spring’s stimulus checks, but that fell off in July when shoppers spent that money. Now, the retail giant is waiting …
Read More »Kohl’s (KSS) reports loss of Q2 2020 per share
A view outside a Kohl’s store on July 16, 2020 in Miramar, Florida. Johnny Louis | Getty Images Kohl’s revenue fell 23% during the fiscal second quarter, the retailer said Tuesday, which was not as bad as analysts feared as the coronavirus pandemic forced stores to close in the US …
Read More »Walmart (WMT) Q2 2021 revenue
Customers wearing face masks at a Walmart on July 15, 2020 in Washington, DC Sha Hanting | China News Service via Getty Images Walmart is set to report its second-quarter fiscal revenue ahead of the clock Tuesday as the coronavirus pandemic shakes consumer shopping patterns. Here’s what Wall Street expects, …
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