On the heels of the U.S. debut of its coffee, Tchibo, a leading European coffeehouse, has released The Tchibo single-serve coffeemaker.
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The Home Depot has entered into a definitive agreement to acquire HD Supply Holdings, Inc., a leading national distributor of maintenance, repair and operations (MRO) products in the multifamily and hospitality end markets. The acquisition is expected to position The Home Depot as a premier provider in the MRO marketplace.
A new study from Juniper Research indicates that the transaction values for physical goods sales online will grow from $3.3 trillion in 2020 to $4.4 trillion worldwide by 2025, with the 33% growth the difference represents hastened by the COVID-19 pandemic.
PMI Worldwide has made two key executive appointments to its Stanley brand of products. Graham Nearn joins the company as vp/product creation and design and Matt Navarro joins as vp/global sales.
Trolley Bags has expanded its organization lineup with the Style Series of shopping cart organizers, featuring Trolley Bags Midi, a new size for the company.
Amazon plans to launch a new, state-of-the-art fulfillment center in Mississippi’s Madison County, creating more than 1,000 new, full-time jobs. The fulfillment center will be the first facility located in the state to feature Amazon’s innovative robotics technology.
Bed Bath & Beyond has completed the sale of its Christmas Tree Shops retail banner, its institutional Linen Holdings business and a distribution center located in Florence, NJ. Total cash proceeds from the three separate sale agreements were approximately $250 million.
Blackhawk Network, which develops branded pay products, has determined that the COVID-19 pandemic has renewed consumer interest in home, redecorating and DIY projects as suggested by a study conducted from August 24 to 31 indicating that home good gift cards purchasing had increased 71% year over year.