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Lackluster Earnings Tank Bed Bath & Beyond’s Stock Price

PYMNTS

Domestic merchandise retailer Bed Bath & Beyond’s stock took a 12-point hit after Wall Street got a look at its latest earnings report and did not much like what it saw. Same-store sales — the Street’s favorite metric for physical retail — were down 2.6 Retail sales clocked in at approximately $2.9

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The Great Grocery Race Shifts Into High Gear

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The players are many — but in the last year and a half, Walmart, Amazon and Kroger have managed to pull ahead in the earliest rounds of the race in terms of the breadth and depth of their enhanced offerings for consumers. Same-store sales, one of the favored metrics for judging retail, excluding fuel, increased 1.6 percent increase.

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