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Macy's holiday same-store sales fall on pandemic hit

Macy's Inc forecast 2021 sales largely above Wall Street estimates on Tuesday with major gains expected in the back half of the year as the retailer bets on its growing online business and the return of customers to its department stores when COVID-19 vaccinations curb the...
Aishwarya Venugopal Sriraj Kalluvila Thomson Reuters Trust Principles Macy Inc Thomson Reuters Trust Apparel Amp Accessories Retailers Trbc Level 4

Home Depot beats quarterly same-store sales estimates

2 Min Read (Reuters) - Home Depot Inc said on Tuesday pandemic-related uncertainties made it difficult to predict if its sales dream run from last year will continue into 2021, even as its quarterly sales handily beat analysts’ estimates. The home improvement chain’s shares fell 5%, despite a 24.5% jump in fourth-quarter comparable sales, above analysts’ estimates of an 18.9% increase. Stuck-at-home Americans have been snapping up tools, paint and building materials all through the COVID-...
Uday Sampath Thomson Reuters Trust Principles Home Depot Inc Depot Inc Thomson Reuters Trust Content Produced In Bangalore

Macy's forecasts upbeat 2021 sales on stimulus checks, online shoppers

Macy's Inc forecast 2021 sales largely above Wall Street estimates on Tuesday with major gains expected in the back half of the year as the retailer bets on its growing online business and the return of customers to its department stores when COVID-19 vaccinations curb the...
New York United States Aishwarya Venugopal Sriraj Kalluvila Thomson Reuters Trust Principles Us Congress

Walmart investors eye push into advertising, healthcare following pandemic boom

3 Min Read FILE PHOTO: Shoppers wearing face masks are pictured in the parking of a Walmart Superstore during the outbreak of the coronavirus disease (COVID-19), in Rosemead, California, U.S., June 11, 2020. REUTERS/Mario Anzuoni/File Photo (Reuters) - Walmart Inc’s investors and analysts are likely to look past the retail giant’s slowest same-store sales growth since the start of the coronavirus crisis, when it reports quarterly results on Thursday and instead focus on the company’s am...
New York United States Aishwarya Venugopal Joseph Feldman Nick Zieminski Thomson Reuters Trust Principles

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UPDATE 3-L'Oreal sees post-pandemic 'roaring 20s' driving cosmetics rebound

* Growth levels should continue into start of 2021 - CEO * Forecasts ‘fiesta’ for make-up, perfume post pandemic * Agon set to hand over CEO role to Nicolas Hieronimus (Recasts with outlook for 2021) PARIS, Feb 12 (Reuters) - L’Oreal, the world’s biggest cosmetics group, forecast a strong rebound in makeup sales when the COVID-19 pandemic gives way to a “roaring 20s” when people get dressed up and go out again to socialise. Shares in L’Oreal, owner of brands such as Maybelline, La...
France General Sudip Kar Gupta Jane Merriman Nicolas Hieronimus Christian Lowe Chairman Jean Paul Agon

Burger King's pandemic woes eat into Restaurant Brands profit, sales

2 Min Read (Reuters) - Restaurant Brands International Inc on Thursday missed quarterly profit estimates and posted a drop in comparable sales at its Burger King and Popeyes chains as a resurgence in COVID-19 cases slowed customer traffic to its outlets. FILE PHOTO: The company logo for Restaurant Brands International is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., November 6, 2019. REUTERS/Brendan McDermid The company’s U.S.-listed shares slippe...
Sherry Jacob Phillips Burger King Aditi Sebastian Tim Hortons Thomson Reuters Trust Principles Restaurant Brands International Inc On

Clean Juice thrives in sales, growth and guest experience

Image courtesy of iStock Feb. 2, 2021 Clean Juice, a USDA-certified organic juice bar franchise released its 2020 fourth quarter financial report indicating that the franchises key performance indicators have exceeded expectations, despite a global pandemic and the companys typical seasonality impact. Notably, 75 stores which could be measured as Same Store Sales growth among fourth quarter 2018, 2019, and 2020 showed cumulative SSS growth of over 19%, according to a press release. Clean Juice...
New York United States West Virginia Landon Eckles Unit Growth Clean Juice

Clean Juice Continues to Thrive in Growth, Sales & Guest Experience

Clean Juice Continues to Thrive in Growth, Sales & Guest Experience February 2, 2021 · · Despite Pandemic, Leading Organic QSR Continues Record-Breaking Growth in Q4 Clean Juice, the first and most prolific USDA-certified organic juice bar franchise today, released its 2020 fourth quarter financial report indicating that the franchise’s key performance indicators have exceeded expectations despite a global pandemic and the company’s typical seasonality impact. Notably, 75 stores for...
New York United States West Virginia Kat Eckles Landon Eckles Unit Growth

Juice It Up! Achieves Record Sales in 2020 | Restaurant Magazine

Juice It Up! Achieves Record Sales in 2020 January 25, 2021 · · Leading Smoothie, Superfruit Bowl & Raw Juice Chain Sees Nearly 15% SSS Growth Over 2019  Juice It Up!, one of the nation’s leading handcrafted smoothie, superfruit bowl and raw juice chains, is proud to report that it achieved record sales in 2020, the brand’s 25 th anniversary year, with Same Store Sales (SSS) up 14.75% over 2019. Remarkably, SSS exploded during the second half of 2020, growing 28% over the last six ...
United States Costa Mesa New Mexico Chris Britt Susan Taylor Operations Business Development

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