Target has leaped into the top 10 of eMarketer’s ranking of e-commerce retailers in the U.S., although Amazon holds firm to the top spot.
According to a recent Dallas Morning News report, an activist investor has purchased shares of Tuesday Morning, which may lead to a potential bid for the off-price retailer.
The board of directors of Overstock has appointed Dr. Robert Shapiro to the board as of February 17. Shapiro is the chairman and founder of Sonecon, LLC, a firm advising businesses, governments and non-profit organizations on economic and security-related matters.
Sur La Table has entered into a partnership with Food Network Kitchen. According to Discovery, parent company to Food Network, the two brands will launch cooking classes that consumers can stream live on Food Network Kitchen or take in-person at Sur La Table stores.
Bed Bath & Beyond has revealed its fiscal 2020 capital allocation strategy, including an estimated $1 billion spend balanced across capital return to shareholders, debt reduction, and reinvestment in the company’s core business operations.
Wayfair has tapped singer, songwriter, voice coach and TV host Kelly Clarkson as the retailer’s first official brand ambassador in the U.S. The partnership with Clarkson will span TV, digital and retail, and will also include a new home collection.
Fortune Magazine has published its list of the top 100 companies to work for in the U.S. and the only retailer to crack the top 10 was Wegmans Food Markets.
Pier 1 entered into Chapter 11 protection in the U.S. Bankruptcy Court for the Eastern District of Virginia on February 17 to facilitate a Plan Support Agreement with a majority of its term loan lenders, listing its major unsecured creditors as it did so.
Twelve Publix supermarket managers were recognized for their leadership and dedication during a dinner at the company’s annual Retail Operations Conference in Orlando, Florida. The George W. Jenkins Award and the President’s Award are Publix’s two most prestigious recognitions.
After months of speculation about its ability to continue operating, Pier 1 Imports has filed for Chapter 11 bankruptcy protection as it pursues a sale of the business. The company also said it would complete the previously announced closure of up to 450 store locations in the process, which includes the closure of all its stores in Canada.