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Tag: reports

Ireland eyes return to normality, but lockdown shopping habits die hard, Kantar reports – Retail Times

The latest figures from Kantar reveal that take-home grocery sales in Ireland increased by 23.2% during the 12 weeks to 12 July 2020. Three months of increased spending meant an additional €577.7 million passed through tills while the nation continued to work from home, and pubs, bars and restaurants remained closed until the end of June. However, there …

Ireland eyes return to normality, but lockdown shopping habits die hard, Kantar reports – Retail TimesRead More

Unilever reports 49% rise in ecommerce sales as shoppers changed buying habits during Covid-19 lockdowns

Unilever today reported ecommerce sales growth of 49%, while overall turnover fell by 1.6%, as shopping habits changed during the Covid-19 lockdown. Unilever says its performance during the Covid-19 lockdown showed its strength and agility.   The organisation, whose brands include PG Tips, Dove, Hellmann’s and Magnum, said that the markets it sells in had …

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Bed Bath & Beyond (BBBY) reports Q1 2020 loss, 200 store closures

A shopper exits a Bed Bath & Beyond store in New York. Michael Nagle | Bloomberg | Getty Images Bed Bath & Beyond said Wednesday its sales tumbled nearly 50% during its latest quarter, even as online sales surged more than 100% during April and May, with consumers stocking up on cleaning supplies and home decor.  …

Bed Bath & Beyond (BBBY) reports Q1 2020 loss, 200 store closuresRead More

Levi Strauss & Co. (LEVI) reports Q2 2020 earnings

The denim maker Levi Strauss & Co.‘s sales fell 62% during its fiscal second quarter, the company announced Tuesday, as its online sales weren’t enough to make up for its stores being temporarily shut for roughly 10 weeks during the Covid-19 crisis.  Consumers by and large have shifted away from tight pants and denim, opting …

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Macy’s (M) reports Q1 2020 loss per share

Macy’s at Valencia Town Center Mall opens for curbside pickup service during COVID-19 outbreak on May 21, 2020 in Santa Clarita, California. Robin L Marshall | Getty Images Macy’s said Wednesday it swung to a first-quarter loss, in line with its previously announced estimates, as the coronavirus pandemic helped slice sales nearly in half.  Chief Executive Jeff …

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Sainsbury’s reports rise in grocery sales and surge in online orders | Business

Sainsbury’s has said it is winning over shoppers from the discounters Aldi and Lidl as well as Tesco, Asda and Morrisons, as it reported a surge in online orders to 650,000 a week in June, up from 370,000 in March. Sales at its established stores rose by 8.2%, with grocery sales up by 10.5% and …

Sainsbury’s reports rise in grocery sales and surge in online orders | BusinessRead More

Nike (NKE) reports Q4 2020 earnings, shares fall on unexpected loss

Shoppers, some wearing PPE (personal protective equipment), of a face mask or covering as a precautionary measure against COVID-19, queue to enter a recently re-opened Nike store at Gunwharf Keys shopping centre in Portsmouth, southern England on June 16, 2020. Adrian Dennis | AFP | Getty Images Even Nike, often lauded as one of the strongest …

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Bed Bath & Beyond (BBBY) reports Q4 2019 beat

Shoppers exit a Bed Bath & Beyond store in New York. Michael Nagle | Bloomberg | Getty Images Bed Bath & Beyond reported Wednesday fiscal fourth-quarter results that topped analysts’ estimates, but warned it could not make predictions for 2020 due to the coronavirus pandemic. The company said that despite widespread, temporary store closures, it still …

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Lululemon (LULU) reports Q4 2019 earnings beat

Lululemon announced Thursday fiscal fourth-quarter results that topped expectations, as its same-store sales surged 20% during the period, thanks, in part, to more men shopping in its stores and online.  However, due to the uncertainty from the coronavirus pandemic, the yoga pants maker said it will not be providing a fiscal 2020 outlook at this time. Its …

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Nike (NKE) reports Q3 fiscal 2020 earnings hurt by China, coronavirus

Nike reported quarterly sales that topped analysts’ expectations, thanks to a boost from its digital business and growth in North America, which helped to offset weakness in China due to COVID-19.  Its shares shot up more than 8% in after-hours trading Tuesday following the release.  Chief Executive Officer John Donahoe said the business is starting to …

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