According to Target, millions of customers shopped hundreds of thousands of items across the retailer’s assortment— from home décor and housewares to clothing, toys, electronics and more— during Target’s Deal Days, two days of online savings on July 15 and 16.
Pier 1 Imports has appointed Douglas Diemoz to the newly created role of president and Robert Riesbeck as evp/chief financial officer, both effective July 22, 2019.
Struggling department store chain J.C. Penney, facing debt payments of approximately $4 billion over the next few years, has reportedly hired advisors to examine debt restructuring options.
In the second quarter ended June 30, eBay continued reviewing its operations portfolio even as it beat a Wall Street earnings estimate.
Wayfair’s James Savarese, chief operating officer, and John Mulliken, chief technology officer, are retiring from the company. In addition, Thomas Netzer and Allan Lyall, both currently executives in its European business, have received promotions.
Ikea is shutting down its lone manufacturing plant in the U.S., but it still will source a substantial proportion of the products it sells in the U.S. from domestic factories, the company told HomeWorld Business.
Wayfair is partnering with Homes For Our Troops (HFOT), a nonprofit organization that builds and donates specially adapted custom homes nationwide for severely injured post-9/11 veterans.
Regional supermarket operator Giant Eagle has teamed with Grabango, a checkout-free technology provider, to create a no-wait exit option for customers.
Kohl’s is boosting its hiring plans for the back-to-school, fall and holiday seasons, as well as a 130-store “omni power center” pilot program.
Conn’s has reached a settlement with the Securities and Exchange Commission. The settlement arises from the previously disclosed SEC investigation commenced in November 2014 into the company’s underwriting policies and bad debt provisions from July 31, 2012, to July 31, 2014.
Target has named Hari Govind svp/infrastructure and operations for the company’s technology team.
Weeks after settling litigation related to a purchase deal, Rent-A-Center has entered into a definitive agreement to acquire substantially all of the assets of C/C Financial Corp., which does business as Merchants Preferred, a nationwide provider of virtual rent-to-own services.
According to a study from marketing technology and analytics agency Adlucent, consumers planning to take advantage of Amazon Prime Day remain enthusiastic about the e-tailer. But the shopping doesn’t stop there, as approximately 68% of consumers will explore beyond Amazon, comparing products and prices on other sites.