Dallas Market Center To Open 95% Of Permanent Showrooms
The Dallas Market Center said that more than 95% of permanent showrooms will be open for all of its August markets including the Dallas Total Home & Gift Market, to be held August 19-25.
coronavirus
CVS Expanding Workforce In Arizona
In anticipation of the increased demand for influenza vaccinations and the likely ongoing presence of COVID-19 this fall, CVS Health said it is hiring for approximately 300 new jobs throughout Arizona over the coming months.
Stein Mart Files Chapter 11
Stein Mart and its subsidiaries have filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the Middle District of Florida, Jacksonville Division.
Qurate Sales Gain In Mostly Positive Q2
Despite enduring increased costs, Qurate made gains in the coronavirus-stricken second quarter although not quite up to Wall Street expectations.
Dallas Summer Market Sees Increase In Pre-Registration
The Dallas Market Center has noted an increase in pre-registration for its Dallas Total Home & Gift Market, which is set to be held from August 19 to 25.
Welsh Positions SodaStream For Changing Retail Landscape
Slightly more than 18 months after being acquired by global beverage giant PepsiCo in a deal valued at $3.2 billion, SodaStream is enjoying expansion in sales of its consumer home carbonation products, including carbonation machines, CO2 cartridges, syrups, concentrates and other water flavorings.
NRF: Retailers Cautious As Imports Decline
Imports at major U.S. retail container ports during 2020 are expected to see their lowest total in four years as the impact of the coronavirus pandemic on the U.S. economy continues, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.
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.
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.
Hamilton Beach Boosts Q2 Appliance Sales
In the U.S. consumer market, appliance demand surged during the second quarter as consumers continued to stay home and cook more during the pandemic, Hamilton Beach noted.
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.
iTouchless Rolls Out New Hands-Free Soap Dispenser
As sales of soap, hand sanitizers and other personal disinfectants continues due to the coronavirus pandemic, iTouchless has launched a new hands-free soap dispenser ahead of schedule.
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.
Home Essentials Drive Spectrum Brands In Q3
While its overall net sales decreased, the home and personal care category was a bright spot during Spectrum Brands’ third quarter.
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.
Newell Brands Encouraged By Q2 Improvement
During the second quarter of 2020, Newell Brands continued to experience COVID-19 related disruption to its business. However, the company said it saw top line improvement throughout the quarter, and its appliances and cookware segment remained relatively steady and saw an increase in core sales during the quarter.
Homebound Consumers Fuel Amazon’s Soaring Sales In Q2
Homebound consumers continued to fuel soaring sales during Amazon’s second quarter ended June 30.
Lowe’s Provides Additional Bonus To Support Employees
Lowe’s will provide an additional $100 million in bonuses to assist associates with unforeseen expenses and hardships, increasing the company’s total commitment to associates and communities during the pandemic to nearly $600 million.
Overstock Q2 Sales Jump
In a market impacted by the COVID-19 pandemic, Overstock gained substantially in the second quarter as consumers turned to it for a range of products including home furnishings.
At Home Positioned For Growth After Strong Q2
At Home said it is emerging from the pandemic in a healthy position, reporting certain preliminary unaudited results for the second quarter ended July 25 including a comparable store sales increase of approximately 42%.