Williams Sonoma is hosting a 10-city tour as part of the retailer’s launch of Hestan NanoBond cookware.
For the 14-week fourth quarter, as its ongoing merger attempt with Walgreens Boots continued, Rite Aid posted a company net loss of $21.1 million, or two cents per diluted share, versus company net earnings of $65.6 million, or six cents per diluted share, in the 13-week period a year earlier.
At the recent ShopTalk trade show, Marc Lore, president and CEO of Walmart’s U.S. e-commerce division, revealed that Walmart would begin an innovation and technology development project funded by but separate from its other operations, adding that it would bring on its first partner in the initiative shortly.
Target’s lead executive in charge of innovation will be innovating for the retailer no more.
West Elm has debuted a new home collection developed in collaboration with the Robert Rauschenberg Foundation.
Ace Hardware Corporation recently appointed Mark Spanswick to the position of president and general manager of Ace Wholesale Holdings LLC.
MacKenzie-Childs will make its Evine debut on May 3 with an on-air takeover of the network dubbed “MacKenzie-Childs Home TV.”
Fred’s Inc. had added two new board members as the company awaits a decision from the Federal Trade Commission on its acquisition of 865 Rite Aid locations.
Sears Holdings has named a new chief financial officer as officials with the retailer provided an update on its plan to turn around the company’s ailing fiscal health.
Facing competitive headwinds from e-commerce and closeout retailers, Macy’s new CEO Jeff Gennette is focused on growing the company’s core business while also expanding the department store’s efforts in the digital space.