profit

The RealReal Cuts 230 Jobs in Streamlining Effort Aimed at Reaching Profitability

The RealReal will cut operating costs through layoffs and store closures, with plans to eliminate 230 positions, or 7% of its workforce,…

Target Net Earnings Drop 90% in Q2 2022 While Walmart Sees Grocery Growth

Inventory markdowns weighed on Target in Q2 2022 as its net earnings dropped to $183 million, down almost 90% from its Q2…

Amazon Posts 55% Q4 Profit Rise Off Holiday 2016

Amazon had yet another lucrative holiday season, capping off 2016 with a 55% year-over year profit increase to $749 million in Q4….

Amazon Earns Sixth Straight Quarterly Profit — Yet Misses Estimates

Amazon reeled in profits for the sixth straight quarter and matched revenue estimates with $32.7 billion, but the e-Commerce brand missed big…

Amazon Profits Pass $850 Million In Q2 As Cloud Service Sales Climb 58%

Amazon had yet another profitable quarter — its fifth straight — with net revenues increasing 31% to $30.4 billion. Net income for…

Uniqlo Parent Downgrades Profit Guidance For Third Time In Six Months

Fast Retailing, the Japan-based parent company of Uniqlo, cut its full-year profit estimates for the third time within the past six months….

Amazon Turns A Profit For The Second Straight Quarter

For the second straight quarter, Amazon posted a profit, backed heavily by strong North American sales and growth to its Amazon Web…

Amazon Turns Rare Profit, Announces 20% Sales Increase For Q2

Amazon has reported that net sales have increased by 20% in Q2 2015, from $19.34 billion in Q2 2014 to $23.18 billion….

All Target Canada Stores Will Close By April 12

After announcing in January 2015 that it would shutter its Canadian operations, Target has reported that all remaining stores will close by…

H&M To Open 400 Stores And Launch Beauty Brand

After reporting a 17% increase in gross profits in 2014, Hennes & Mauritz AB (H&M) has plans to open 400 new stores…

Target Reports 61.7% Drop In Profits

Target reported higher sales in its U.S. and Canadian divisions during a quarterly earnings report call. Total sales reached $17.4 billion, a…

How to Generate Maximum Profit Across Top-Performing Retail Categories

By Doug Erickson, EVP Global Sales & Marketing, Galleria The goal of every NFL coaching staff is to surround its franchise players…

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