In celebration of National Nurses Week, 28 brands are offering exclusive deals on everything from travel and sporting goods to apparel and beauty, furniture, and appliances. We’re sure all the nurses out there will hold off on shopping until they’re off the clock.
Here’s what else is going on in retail this week:
In data: Costco will release its April sales data on Wednesday. The numbers will be a first look at buying patterns for the month, coming ahead of the more comprehensive federal sales data coming out later in May. For context, the club store’s March data showed sales increased 6.4% year over year, while the Census Bureau report estimated that US sales grew 3.6% YoY in March.
In earnings: It’s a slightly less busy week for retail earnings, but an interesting assortment of companies is still on deck to report. On Monday, it’s meat and malls with Tyson and Simon Property Group. Then comeback kid Crocs and Kenvue will report on Tuesday, and Roblox and SharkNinja (an online video game platform and an appliance maker, respectively) will release their earnings on Thursday.
In events: Placer.ai, a research and data platform that analyzes foot traffic, is holding a “Q1 Check-In” on Wednesday to review some of the latest trends impacting the retail and quick-service space, draw insights from major brands, and offer “practical strategies to adapt your omnichannel approach” and capitalize on emerging opportunities. The webinar will feature experts from Placer.ai and Sensor Tower, a market insights firm.
In exits: Starting this week, Sephora is officially shuttering both its online and offline stores in South Korea. The beauty brand launched in the country in 2019, but has struggled to gain purchase due to stiff local competition, BoF reported.