Veteran housewares chief executive Antonio Galafassi has launched a new company— Warefor— to provide what the company describes as a turnkey solution to help domestic and international manufacturers bring home products to the U.S. market rapidly and cost effectively.
A stellar fourth quarter with double-digit comparable sales growth closed out a bright fiscal year at Home Depot.
Kohl’s Corp., in response to an open letter from an investor group seeking board changes at Kohl’s, issued a statement rejecting what it characterized as the investor group’s attempt to seize the company’s board of directors.
The COVID-19 pandemic hit Dillard’s hard in the 2020, although it is working to recover with a negative fourth-quarter comparable-store sales reading still seven points better than the minus-24% registered in the third quarter, and an earnings beat versus Wall Street in the fourth quarter.
O2Cool LLC has acquired LunchBots, known for its stainless steel bento boxes and on-the-go meal and snack accessories.
Wayfair will open a new 1.2 million square foot fulfillment center in Romeoville, IL, the company has announced, that will further strengthen its distribution footprint in the Chicago area.
Ulta Beauty is opening a new Herald Square location in New York City on March 5 among 13 store debuts slated by the retailer for March as it advances new product launches and social initiatives.
Lowe’s announced it is donating $250,000 to American Red Cross disaster relief in response to the devastation caused by winter storms in Texas and across a large part of the country.
With the COVID-19 pandemic prompting changes in wedding plans, Crate & Barrel is launching the Love&Gifts Wedding Registry Contest to surprise 10 couples with every item on their wedding registries at Crate & Barrel up to $2,500 and $1,000 donations in their honor to Feeding America.
Preliminary results released by Kirkland’s for the fourth fiscal quarter ended January 30 include expectation of earnings per diluted share of $1.30 to $1.40 and adjusted earnings per diluted share of $1.35 to $1.45, marketing a big step forward year over year.