Articles for Comparable Sales

Macy’s swings to a second quarter profit, but sales surprisingly weak as customers grow cautious
4 months ago

Macy’s swings to a second quarter profit, but sales surprisingly weak as customers grow cautious

Associated Press  

NEW YORK — Macy’s swung back to a profit in its second quarter but suffered yet another sales decline as inflationary weary shoppers rein in spending, with their focus increasingly on buying the essentials. At the first 50 stores that Macy’s has overhauled, same store sales have rising for two consecutive quarters, said Tony Spring, who became chairman and CEO …

Sales Billion Stores Macy Bluemercury Comparable Sales
Best Buy and Kohl’s extends streak of quarterly sales slumps as Americans focus on the essentials
6 months, 3 weeks ago

Best Buy and Kohl’s extends streak of quarterly sales slumps as Americans focus on the essentials

Associated Press  

NEW YORK — The earnings results from Best Buy and Kohl’s, announced Thursday, offer the latest evidence of consumers’ cautious spending amid a challenging economic environment. Best Buy, the nation’s largest consumer electronics chain, reported another quarterly drop in sales as Americans pull back on gadget spending to prioritize essential purchases and pay more for things like rent. Best Buy …

Focus Sales Company Share Billion Best Buy
Target sales decline to start the year, but it sees improvement
7 months ago

Target sales decline to start the year, but it sees improvement

Associated Press  

NEW YORK — Target on Wednesday posted a decline in quarterly revenue as still higher prices on essentials cut into shopper spending. The nation’s top home improvement retailers — Home Depot and Lowe’s —which had reaped the benefits of pandemic splurges on home projects, posted another quarter of sales declines with so many homeowners and prospective home buyers constrained by …

Sales Share Decline Quarter Target Walmart Expect
Target launches new paid membership program in a bid to drive sales at a time of cautious spending
9 months, 2 weeks ago

Target launches new paid membership program in a bid to drive sales at a time of cautious spending

Associated Press  

NEW YORK — Target, looking for ways to reverse a sales malaise, is getting into Amazon territory: the paid membership game. The Minneapolis discounter said Tuesday the new paid program, called Target Circle 360, will offer unlimited free same-day delivery in as little as an hour for orders over $35 and free two-day shipping. The launch of a new paid …

Sales Share Paid Walmart Program Target Circle Comparable Sales
Target tops third quarter profit expectations, but inflation weighs on shoppers
1 year, 1 month ago

Target tops third quarter profit expectations, but inflation weighs on shoppers

Associated Press  

NEW YORK — Target on Wednesday reported a hefty third-quarter profit increase that handily beat Wall Street expectations as the retailer held down costs and cut inventory. Target’s earnings results came on the same day that data from the U.S. Commerce Department showed Americans cut back on retail spending in October, ending six straight months of gains. Target reported a …

Retail Sales Share Quarter Cornell Comparable Sales Target Tops
What will an ADU do to your property taxes and resale value?
1 year, 7 months ago

What will an ADU do to your property taxes and resale value?

LA Times  

A house in South Pasadena stands next to its garage, which has been converted into a 500-square-foot ADU for the homeowner’s mother. That’s why there are different ways to estimate the value of an ADU — one used by property tax officials, others by lenders and home buyers. Stephen R. Whitmore, the public information officer for the L.A. County assessor, …

Property Loan Sales Los Angeles House Value Estate