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Walmart Cuts Full Year Profit Forecast as Shoppers Cut Back

In Industry News, Reports, What's New by Jeff PrineLeave a Comment

Bentonville, AR—Confirming a concern that middle income consumers have been reluctant to spend on discretionary purchases, Walmart today reported a modest profit and sales gain and lowered its full year forecast. Said CFO Charles Holley: “The retail environment remains challenging in the U.S. and our international markets, as customers are …

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Retail Report Reveals “Best” and “Worst” Retailers of 2012 Season?

In Industry Experts, Reports, What's New by Accessories StaffLeave a Comment

Industry Experts

Charleston, SC—How do you measure what makes a retailer the “best” or “worst” of 2012? Well, According to America’s Research Group (ARG), which today released its Updated Retail Report, you have to taken into account customer retention. “A well-marketed, well-merchandised retailer needs to retain 80% or more of its customer …