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Tuesday Morning turnaround well underway
Just a few weeks after losing its CEO, Tuesday Morning posted impressive financial results for the first quarter, including an increase in same-store sales.
For the first quarter ended Sept. 30, the Texas-based off-price retailer posted a same-store sales increase of 3.6%. Net sales were $202.3 million, slightly higher than the prior year period. The company ended the first quarter with a store count of 757, a decrease of 44 stores year over year. Operating loss for the first quarter was $6 million.
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Walmart COO says ‘trust me’ this holiday season
Easier shopping every day is the value proposition Walmart touting this holiday season as it contends shoppers are tired of pricing games played by other retailers.
As it does every holiday season, Walmart claims it will have low prices on a broad assortment and the hottest holiday items, but it is also touting an improve store experience and a strengthened omnichannel approach.

