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Category-Killer Floor & Decor Sees A Runway To 500 Stores And $17 Billion In Sales

Floor & Decor just reported strong revenue growth for the second quarter ending June 30. Net sales increased 26.7%, reaching $1.1 billion with comparable store sales up 9.2% year-over-year.Explaining that the 2021 comparables faced in the second quarter were the “hardest” for the year, CEO Tom Taylor announced earnings per share of $0.76 were better […]

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Blue Nile To Become Another Jewel In Signet Jeweler’s Crown

Signet Jeweler just announced it signed a definitive agreement to acquire Blue Nile, a pioneering digital disruptor in the diamond jewelry business, founded in 1999.With the $360 million cash deal expected to close in the third quarter, Blue Nile brings a war chest of over 650,000 diamonds, more than three million online customers and sales […]

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What Amazon Prime Day And Other ‘Christmas in July’ Events Predict For Holiday 2022

Amazon Prime Day event, held July 12 and 13, broke records to become the biggest event in company history. However, the company didn’t provide a final sales tally, and we likely won’t get the results until next quarter. As it is, news from the retail giant wasn’t so good in the second quarter, with revenue […]

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What Web 3.0 And Changing Consumer Psychographics Mean For Luxury Brands

Web 3.0 is coming fast. While it still hasn’t been fully realized, it promises to mark the end of the domination of the internet by power platforms, like Google, Facebook and Twitter and put users in charge.“This third generation of internet services will be the catalyst for a new internet, connecting data-driven technologies like artificial […]

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The Clock Ran Out Too Soon For Mark Tritton At Bed Bath & Beyond

Bed Bath & Beyond has been battered by Wall Street since its most recent earnings call. Shares have dropped from a little over $33 a year ago to trading around $5 recently. Sales in the first fiscal quarter ending May 28, 2022 dropped 25%, from nearly $2 billion last year to $1.5 billion this.Just a year […]

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