As a percentage of net sales, SG&A expenses decreased 20 basis points to 27.5%. In the quarter, Grocery Outlet expanded its footprint with the opening of five new stores, bringing the total to 529 ...
He feared once CIBO outlets were rebadged as Gloria Jeans “jobs will be lost when turnovers go down” “They’re not going to go to Gloria Jeans – it’s a different coffee experience ...
For Q3, Grocery Outlet's gross margin decreased by 30 basis points to 31.1%. Selling, general and administrative expenses increased by 9.5% to $304.6 million, or 27.5% of net sales. Net income dropped ...
she added. Cutting its outlet exposure would be costly as the stores account for close to 30% of sales and 50% of profitability, according to HSBC estimates. But it could be necessary if Burberry ...
Unlike other sale sections, REI Outlet is full of gear for all seasons, which means you won't have to wait months to use the new pieces you just scored on sale. We may earn commission from links ...
SHANGHAI, CHINA - MARCH 14, 2024 - Visitors visit the Galaxy S24 phones at SAMSUNG booth at AWE2024 ... [+] in Shanghai, China, March 14, 2024. (Photo credit should read CFOTO/Future Publishing ...
It’s been another week with far more retail news than there is time in the day. Below, we break down some things you may have missed during the week and what we’re still thinking about. From ...
Voters in the nation’s capital weighed in on the news that major outlets, including the hometown Washington Post, refused to endorse a presidential candidate with Election Day rapidly approaching.