Rent-A-Center Posts Solid Second Quarter
In a solid second quarter, Rent-A-Center managed its business through the challenges of the pandemic to meet changing consumer lifestyle preferences.
Retail
Sally Beauty Faces Headwinds In Q3
Sally Beauty faced several headwinds during its third quarter, as the retailer dealt with the coronavirus pandemic and the temporary shutdown of stores.
Kroger Testing Contactless Payment Program
Kroger has launched a contactless payments pilot across its QFC division, located in Seattle, allowing customers to use their mobile device for a more seamless checkout experience.
Costco Sales Stay Hot In July
Costco kept rolling through fiscal July, demonstrating that consumers continue to look for it as a resource to help them cope with COVID-19 pandemic-related circumstances.
Best Buy Teams With Google Cloud To Improve Customer Experience
Google Cloud and Best Buy are expanding their partnership via a new, multi-year agreement that names Google Cloud as the cloud provider for Best Buy’s enterprise data platform.
Rite Aid Names Gilbert General Counsel
Rite Aid has named Paul Gilbert general counsel and corporate secretary. As general counsel, he will serve on Rite Aid’s executive leadership team and senior leadership team, and will assume leadership over the organization’s legal efforts.
CVS Navigates COVID-19 Disruptions To Q2 Gains
CVS Health posted significant second quarter gains, although the retail division experienced a bit of coronavirus-associated drag on operating income.
The Knot Launches Wedding Registry Store
As the wedding registry experience evolves to meet the changing preferences of today’s consumers, The Knot has launched a new wedding registry store within the all-in-one The Knot Registry platform.
Dollar General Adding Distribution Facilities
Dollar General plans to add a traditional distribution center in Walton, KY, and three DG Fresh cold storage facilities in Bowling Green, KY, Ardmore, OK and West Sacramento, CA.
Overstock Appoints Messing Independent Director
Overstock’s board of directors has appointed Barbara Messing as its newest independent director on August 4. Messing most recently held the role of svp/chief marketing officer for Walmart U.S., leading the marketing organization across the stores and e-commerce business while developing and amplifying brand strategy.
Amazon To Open Fulfillment Center In Tampa Bay Area
Amazon plans to launch a new, state-of-the-art fulfillment center in Temple Terrace, Florida. The new fulfillment center, which is anticipated to launch in 2021, will create 750 new, full-time jobs.
Wayfair Powers Through Q2 As Sales, Income Soar
Amid the COVID-19 pandemic, Wayfair turned a second quarter profit as sales soared.
Publix Propels Sales Growth In Q2
The impact of the coronavirus pandemic propelled Publix in the second quarter, as net sales and net earnings rose substantially.
Target Training Partnership Supports Employment Diversity
In a move to address issues of diversity in employment, Target is partnering with Minneapolis-based vocational training school Summit Academy OIC on a new North Star Innovation Center.
Institute For Supply Management Sees Economic Expansion
Economic activity in the manufacturing sector grew in July as the overall economy enjoyed a third consecutive month of growth, according to the Manufacturing ISM Report On Business from the Institute for Supply Management.
Michaels Enhances Engagement With Updated Loyalty Program
Michaels is updating its loyalty program to let members earn rewards through specific product purchases, bonus offers and seasonal promotions.
Home Depot Opening Three Distribution Centers In Georgia
The Home Depot will open three new distribution centers in Georgia over the next 18 months to support the growing demand for flexible delivery and pick-up options for pro and DIY customers.
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.
Instacart And Costco Launch Same-Day Delivery Service Across Canada
Instacart and Costco have partnered to launch same-day delivery from 76 Costco warehouses across Canada. Instacart’s national partnership with Costco in Canada comes on the heels of a nationwide partnership with Costco in the U.S.
Bed Bath & Beyond Closing Stores On Thanksgiving Day
Bed Bath & Beyond is joining the list of retailers that plan to close stores on Thanksgiving Day in the U.S. and Canada, including Bed Bath & Beyond, buybuy Baby, Christmas Tree Shops, Harmon Face Values and Cost Plus World Market.