Pottery Barn Kids is rolling out a home furnishings collection that emerges from a deal with video game developer Mojang and Microsoft’s Minecraft.
The National Retail Federation has reported that retail sales, excluding automobile dealers, gasoline stations and restaurants, rose 0.5% in May seasonally adjusted from April and 3.2% unadjusted year-over-year.
Corie Barry has officially taken the helm of Best Buy, becoming the fifth CEO in the company’s 53-year history. She replaces Hubert Joly, who led the company through a successful turnaround over the past seven years and will now become executive chairman as part of a planned leadership transition.
Rite Aid has entered into a strategic partnership with Adobe to deliver seamless, personalized and connected health and wellness experiences for Rite Aid customers via Adobe Experience Cloud, an end-to-end solution for experience creation, marketing, advertising, analytics and commerce.
A leading digital research firm has lowered its estimate of Amazon’s e-commerce market share following public comments made by Amazon’s CEO Jeff Bezos.
As it looks to sharpen its e-commerce growth opportunities, Walmart said it is repositioning the Jet.com business, integrating Jet’s teams into its core e-commerce operations.
Although Hudson’s Bay has taken a number of significant steps to right its financial course, including winding down its Home Outfitters chain and selling its German operation, the company still posted a bigger first quarter adjusted net loss. The bigger loss came despite improvement at its Saks department store and off-price operations.
Wayfair has revealed the sites of the pop up shops it will operate this summer in four retail centers.
Vixxo, a facilities management provider, has formed an agreement to provide facilities management services to extreme value retailer 99 Cents Only Stores.