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Bed Bath & Beyond Completes Sale Of PMall

Bed Bath & Beyond has completed the sale of PersonalizationMall.com (PMall) to 1-800-Flowers.com, Inc. for $245 million, subject to certain customary post-closing adjustments. PMall will continue to provide product and personalization services to the company’s Bed Bath & Beyond and buybuy Baby retail concepts.

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The Inspired Home Show 2021 Moved To August

The International Housewares Association has announced that its annual home and housewares gathering, The Inspired Home Show, will be held in-person August 7-10, 2021 at McCormick Place Convention Center in Chicago. The event had previously been scheduled for March 13-16, 2021.

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Plum Names Traub CEO

Wine appliance company Plum Inc. has named Michael Traub CEO, effective today. Founder and current CEO David Koretz will continue to serve as chairman of the board and move to the newly created chief product officer role.

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Lord & Taylor Files Chapter 11

On August 2, Le Tote, Inc. and certain of its subsidiaries including Lord & Taylor, filed for Chapter 11 reorganization in the U.S. Bankruptcy Court for the Eastern District of Virginia. The company will simultaneously solicit bids for a going concern sale of both its Le Tote and Lord + Taylor businesses, and conduct targeted store closing sales.

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Newell Brands Encouraged By Q2 Improvement

During the second quarter of 2020, Newell Brands continued to experience COVID-19 related disruption to its business. However, the company said it saw top line improvement throughout the quarter, and its appliances and cookware segment remained relatively steady and saw an increase in core sales during the quarter.

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David LeClair, Associate DMM Merchandising, Staples

The office superstore retail channel found itself in an advantageous position as the COVID-19 pandemic struck the U.S., as restrictions to personal movement caused many consumers to become remote workers. David LeClair was one of the people who helped Staples meet the challenge of a suddenly changed market dynamic.

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