housewares

Retail
Chief Merchant Stark Out At Bed Bath & Beyond

Arthur Stark, Bed Bath & Beyond’s president and chief merchandising officer, has left the retailer as of May 17, the home specialty chain reported in a filing with the Securities & Exchange Commission.

Retail
Lidl Names Fieber U.S. President/CEO

Supermarket chain Lidl has named Johannes Fieber its president and CEO. He will assume oversight of U.S. operations in the coming months, according to the company, and replace Brendan Proctor who has led U.S. operations since June 2015.

Financials
J.C. Penney Q1 Comp Sales Flat

It was a tougher than expected first quarter for J.C. Penney as the department store chain reported sales that were below expectations, which were impacted by what company officials said was a late start to spring weather.

Retail
Target Names Foudy Sourcing Services President

Target has named William Foudy, Jr. as president, Target Sourcing Services. He will oversee Target’s global sourcing organization, including strategy, operations, quality assurance, product safety and responsible sourcing initiatives.

Retail
April Retail Sales Grow 2.8%

Year-over-year retail sales in April increased 2.8% as online/non-store retailers and furniture and home furnishings stores reported the largest increases in the month.

Appliances
Aldi Recalls Deep Fryer

Aldi has issued a recall for deep fryers after receiving three reports of units catching on fire and causing minor property damage, according to information from the U.S. Consumer Products Safety Commission.

Retail
Best Buy Launches Branding Campaign

Best Buy is launching a new branding campaign. The campaign kicks off following several years of a turnaround plan and as the electronics retailer looks ahead to its Best Buy 2020 growth strategy.

Retail
NRF: As Tariff Threat Looms, Imports Continue To Grow

Despite facing the possibility of additional tariffs on goods from China, imports at the nation’s major retail container ports are expected to grow throughout the summer, according to a recent Global Port Tracker report from the National Retail Federation and Hackett Associates.

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