Despite posting a loss due to the new tax reform, Office Depot continues its evolution from a traditional office-supplies retailer to a broader business services provider.
The nation’s largest sporting goods retailer will no longer sell assault-style rifles, effective immediately. It is also enacting other restrictions with regards to the sale of guns in general.
Retailers are not only increasing their marketing spend, they are spreading the budget almost evenly across all marketing channels, including social, mobile and display.
On the surface, the results from Lowe's look somewhat disappointing: total sales are down by 1.8%, while net income dropped by 16.4%. In fact, all of this decline is because there was one less week of trading compared to last year.
