iMedia Brands has officially completed the on-air rebranding of its flagship, nationally distributed shopping entertainment network to ShopHQ (formerly Evine), capping a six-week awareness campaign with its customers across its television, online, mobile and social media platforms.
Target is celebrating two recent milestones, cutting the ribbon on its 100th small-format store, and surpassing its 500th store remodel.
Ross Stores rolled through the second quarter, growing both sales and earnings. The off-price retailer also updated its earnings guidance with a cautious eye on the new tariffs on goods sourced from China.
In a second quarter when it exceeded Wall Street expectations, BJ’s Warehouse Club reported gains in both net sales and earnings as well as comparable club sales.
It was a mixed second quarter for Nordstrom, as the department and off-price retailer’s earnings beat its expectations while net sales declined.
Patrick Byrne has resigned from his Overstock.com roles as CEO and member of the board of directors, and the company has appointed Jonathan Johnson interim CEO. The announcement was made by Allison Abraham, the chair of the company’s board of directors.
Tuesday Morning posted a bigger net loss for its fourth quarter, but the company said it is well positioned to improve sales and earnings performance.
Walmart and BuzzFeed’s Tasty are expanding their partnership with a new feature, shoppable recipes.
Amazon is expanding its Portland Tech Hub and plans to create 400 new high-tech jobs in fields including software development, operations, information technology, support engineering, solutions architects and product management.
A slow start to the second quarter impacted Stein Mart’s comparable store sales as the off-price retailer aimed to improve sales trends in the second half.
The Lamps Plus-produced residential remodeling video series, “Renovation Inspiration,” has released a second season of episodes highlighting a remodeling project undertaken by interior designer Lori Dennis and contractor Roy Yerushalmi.
At Home opened three new home décor stores this month. As it strategically grows its national footprint, the retailer now operates over 200 locations across 39 states.
As store redesign and other initiatives gained traction, Target enjoyed a productive second quarter, with strong comps and an earnings beat.
Lowe’s asserted that its transformation plan is on track, as it registered a solid second quarter with a rise in both earnings and comparable store sales.
Ace Hardware pointed to new store sales growth, solid comps and a surge in its e-commerce business as the retailer posted strong second quarter revenues.
As part of its systematic initiation of brick-and-mortar retail, Wayfair has scheduled the opening of the company’s first, full-service physical retail store for August 21 at the Natick Mall in Natick, MA.
For the second quarter, HomeGoods comparable sales, which now include those for HomeSense stores in the U.S., came in flat even as overall TJX posted a positive 2% comp.
Amazon said it is planning to open a new fulfillment center in West Jordan, Utah, creating more than 800 full-time jobs.
The Home Depot gained comp sales momentum in the second quarter, while updating its guidance with an eye on the new tariffs taking effect.
Second quarter sales at Kohl’s were down but officials with the company reported that same-store sales toward the end of the three month period ended August 3 showed improvement.