SAP

pymnts | November 10, 2017

It wasn’t all bad news when Nordstrom reported its Q3 earnings yesterday. In fact, the embattled retailer turned in a beat on both earnings and revenue. But falling same-store sales and an apparent stall-out at its sales-generating Nordstrom Rack line of stores were enough to worry investors and see Nordstrom’s stock price sink in after-hours trading. By the numbers, Nordstrom reported net sales of $3.5 billion in Q3 — a pick-up of 2 percent since the same time last year. Total...

retaildive | August 30, 2018

Abercrombie & Fitch Co. on Thursday reported second quarter net sales rose 8% to $842.4 million, driven by a calendar shift and positive comparable sales. That missed the average analyst forecast cited by Reuters for $845.2 million. The company's 3% rise also missed the Thomson Reuters I/B/E/S average analyst expectation for a 3.7% boost. By brand, comps rose 4% and sales reached $500.8 million at Hollister, missing analyst expectations for a 5.3% increase. Comps rose 2% and sales reache...

retaildive | April 02, 2019

Walgreens Boots Alliance on Tuesday reported that second-quarter sales rose 4.6% to $34.5 billion as U.S. retail pharmacy sales rose 7.3% to $26.3 billion.Comparable retail sales fell 3.8% in the quarter. The drop was attributed to a combination of a weak cough, cold and flu season versus the same period a year ago, the de-emphasis of certain products (like tobacco) and a decline in seasonal merchandise sales, according to a company press release.Gross profit in the quarter fell 3.2% year over y...

retaildive | April 08, 2019

WhatsApp last week announced the WhatsApp Business app for iOS, according to a company blog post. The app is free to download and is currently available in Brazil, Germany, Indonesia, India, Mexico, the U.K. and the U.S., with plans for further global rollout in the coming weeks. WhatsApp Business includes features for small businesses including a means of generating a company profile, messaging tools for quick communication with customers, the ability for users to chat from a desktop computer a...