HomeWorld Business

Retail
Statista: Generation X Retains Old School Shopping Habits

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.

Retail
UNFI Completes Supervalu Acquisition

United Natural Foods has completed the previously announced acquisition of Supervalu for $32.50 per share in cash, or $2.9 billion, including the assumption of outstanding debt and liabilities.

Retail
Walmart Spotlights Technology Innovation At Investors Meeting

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.

Retail
Overstock Adds To Executive Team

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.

Financials
Albertsons Q2 Loss Shrinks

Citing broad financial improvement, Albertsons posted a net loss of $32.4 million in the second quarter ended September 8 versus a net loss of $355.2 million in the fiscal 2017 period.

Tabletop
Portmeirion Group Unveils Atrium Collection

At the recent NY Tabletop Market, Portmeirion Group introduced the Portmeirion Atrium Collection, featuring a fresh mix of modern florals and geometrics in a contemporary color palette designed for mixing and matching on the table.

1 2 3 88