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An activist investor group, Legion Partners Holdings, Macellum Advisors and Ancora Advisors, said that Legion has filed a complaint in the U.S. District Court, Southern District of New York against Bed Bath & Beyond regarding the group’s proxy fight.
With President Trump saying he plans to both increase and broaden tariffs on goods from China, imports at the nation’s major retail container ports are expected to see unusually high levels the remainder of this spring and through the summer, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.
Overstock continues restructuring its retail business as it posted a first quarter loss and named Dave Nielsen president of retail.
Finex Cast Iron has added new handle finishes on its cast iron cookware. The cookware brand debuted the special edition handles exclusively with Williams Sonoma.
Do it Best Corp. has named a new director of international sales with its promotion of Scott Sproul, effective immediately.
In the spirit of Memorial Day, Ace Hardware is again collaborating with the Veterans of Foreign Wars of the U.S. (VFW) to honor those who made the ultimate sacrifice for their country. Ace Hardware is pledging to give out 1 million American flags nationwide on Saturday, May 25.
Bialetti has introduced Smartfit, a cookware set that includes a solution to organizing and protecting each piece. Bialetti is a brand of Bradshaw Home.
New licensed housewares lines greeted a steady flow of home improvement retail buyers Tuesday, May 7, on the opening day of the 2019 National Hardware Show in Las Vegas.
Office Depot reported a sales decline in its first quarter ended March 30, 2019, and kicked off a business acceleration program to reduce costs and improve business operations.
Office Depot has appointed Stephen Mohan as evp/business solutions division, effective May 13. Mohan will report directly to Gerry Smith, chief executive officer.