Patrick Byrne has resigned from his Overstock.com roles as CEO and member of the board of directors, and the company has appointed Jonathan Johnson interim CEO. The announcement was made by Allison Abraham, the chair of the company’s board of directors.
Yeti has launched the Hopper M30, the latest addition to its soft cooler collection. The cooler features a new leak-resistant HydroShield magnetized closure that the company said provides ice retention and usability.
Tuesday Morning posted a bigger net loss for its fourth quarter, but the company said it is well positioned to improve sales and earnings performance.
Messermeister has debuted the Preservation Collection, a knife luggage assortment which is designed to safely store and transport knives.
Walmart and BuzzFeed’s Tasty are expanding their partnership with a new feature, shoppable recipes.
Amazon is expanding its Portland Tech Hub and plans to create 400 new high-tech jobs in fields including software development, operations, information technology, support engineering, solutions architects and product management.
A slow start to the second quarter impacted Stein Mart’s comparable store sales as the off-price retailer aimed to improve sales trends in the second half.
Robinson Home Products appointed Ross Patterson president in 2016, with Jim Walsh remaining as the company’s CEO. At the time, Patterson had spent more than six years as director of business for the tabletop division at Robinson, which at that point, held the license for the Oneida consumer product categories in the U.S. including tabletop, flatware, cookware and bakeware.
Epoca International has named Jack Hooe the company’s new vp/sales, a newly-created role for the company. Hooe joins the team from Groupe SEB.
Wolf Gourmet, a division of Wolf Appliance, has rolled out new cutlery in time for the holiday entertaining season. The new cutlery includes a serrated utility knife; carving set; and set of four steak knives.
Alessi has introduced the Plissé electric water kettle, which is designed by Michele De Lucchi.
The Lamps Plus-produced residential remodeling video series, “Renovation Inspiration,” has released a second season of episodes highlighting a remodeling project undertaken by interior designer Lori Dennis and contractor Roy Yerushalmi.
At Home opened three new home décor stores this month. As it strategically grows its national footprint, the retailer now operates over 200 locations across 39 states.
As store redesign and other initiatives gained traction, Target enjoyed a productive second quarter, with strong comps and an earnings beat.
Lowe’s asserted that its transformation plan is on track, as it registered a solid second quarter with a rise in both earnings and comparable store sales.
Ace Hardware pointed to new store sales growth, solid comps and a surge in its e-commerce business as the retailer posted strong second quarter revenues.
Marcelo Borges has served as the CEO of Tramontina’s U.S. division since August 2018. He has an extensive background in the financial industry, which will aid him as the company continues to look to increase profitability while shifting its manufacturing to a more global-based model.
As part of its systematic initiation of brick-and-mortar retail, Wayfair has scheduled the opening of the company’s first, full-service physical retail store for August 21 at the Natick Mall in Natick, MA.
Demdaco has added melamine home entertaining pieces to its assortment for the upcoming holiday season.
For the second quarter, HomeGoods comparable sales, which now include those for HomeSense stores in the U.S., came in flat even as overall TJX posted a positive 2% comp.