Target is extending enhanced team member wages and benefits and has provided a business update related to the impact from the COVID-19 pandemic including quarter-to-date comparable sales growth of more than 7%, reflecting a slight decline in stores and a more than over 100% growth in digital channels.
Springboard Futures, a new style and consumer trend services firm founded by industry veteran Tom Mirabile, said the company is making its inaugural style and trend report available to retailers and manufacturers at no cost.
Kohl’s has partnered with Lands’ End to offer the retailer’s entire assortment of women’s, men’s, kids, and home merchandise on Kohls.com, directly fulfilled and shipped by Lands’ End, beginning fall 2020.
As it also unveiled executive changes, Target reported that November/December holiday season comparable sales registered a 1.4% increase but that home department comps were off slightly.
J.C. Penney Company narrowed its net loss in the second quarter ended August 3, 2019, and asserted that it was making progress with its turnaround plans. In addition, the retailer named a new gmm/home.
In the second quarter ended June 30, eBay continued reviewing its operations portfolio even as it beat a Wall Street earnings estimate.
HEMA, a Dutch producer and retailer primarily of household goods, is expanding into North America, with a Walmart deal central to the initiative.
Amazon has launched its Off-to-College store, which the retailer characterizes as the ultimate destination for college shopping needs, with home decor and housewares playing a key role.
Hundreds of entrepreneurs and small businesses lined the halls at Walmart’s home office to pitch their U.S.-manufactured products to Walmart buyers. During the sixth annual Open Call event, more than 100 companies moved on to the next step, with several dozen getting deals on the spot to go on Walmart store shelves, the company said.