Generation X has entered its prime earnings years, and Statista, referencing a poll conducted by YouGov on behalf of MarketingCharts, pointed out that TV ads and word-of-mouth are the most important purchase influencers for Gen Xers, beating any type of paid online advertising by a significant margin.
On Tuesday, October 16, Walmart held its annual Investment Community Meeting, where executives emphasized Walmart’s leadership in technology innovation initiatives. The Shop the Room function that Walmart.com introduced in the online home department is one example of how the company has been evolving.
After several years of solid acceleration, annual growth in the national home improvement and repair spending sector of the economy is expected to soften in 2019, according to the Harvard University Joint Center for Housing Studies.
At the recent NY Tabletop Market, Villeroy & Boch unveiled its Coffee Passion Awake line of coffee-focused cups and mugs.
Overstock.com has added three new executives to its retail leadership team. Catherine Borda was appointed to the newly created position of chief customer officer, Chris Donnelly appointed chief of staff to the president, and former Overstock co-president Dave Nielsen appointed chief sourcing and operations officer.
Coravin is now shipping its Bluetooth-enabled Model Eleven wine preservation system. The new system is integrated with Coravin Moments, the company’s app.
Epoca International has been tapped to be the manufacturer of non-electric housewares for Buzzfeed’s new brand Goodful. The line will officially launch this month at Macy’s, however, products are already being rolled out on the Macy’s website.