Aaron’s Reaches $1 Billion In Q1 Revenue
Aaron’s grew its net earnings and surpassed $1 billion in revenue for the first quarter ended March 31.
housewares
U.K. Blocks Merger Between Sainsbury, Walmart’s Asda
Walmart said that the merger of its subsidiary in the United Kingdom, Asda, with rival retailer Sainsbury, has been blocked by the U.K. Competition and Markets Authority.
Tractor Supply Positioned For Growth After Strong Q1
Tractor Supply Company rolled through a strong first quarter ended March 30, 2019, with solid comparable store and seasonal sales growth.
Zak Designs Introduces Back To School Lunch Collections
Zak Designs has introduced three new Zak!style branded back-to-school collections.
Progessive Expands PL8 Line With Ceramic Goods
Progressive International has expanded its PL8 kitchenware assortment with a new ceramic salt cellar and olive oil bottle.
Nude Glass Adds Colored Tumblers, Whiskey Glasses
Nude Glass has added Colored U tumblers and the Islands collection of whiskey glasses to its assortment.
San Francisco Gets Latest Amazon Go Market
Amazon has opened its 11th Amazon Go checkout-free market, in San Francisco.
Arc Taps Into Consumer Beverage Trends With New Glassware Designs
Tapping into consumer beverage trends, Arc International has debuted a wide variety of new glassware designs and coordinating collections.
True Brands Expands Pinky Up Tea Pot Assortment
True Brands has tapped into the popularity of tea and is expanding its Pinky Up tea pot assortment.
Kohl’s Expands Amazon Returns Service To All Stores
Kohl’s said that all of its stores will now be accepting free returns for Amazon customers starting in July.
Investor Group Responds To Bed Bath & Beyond Board Changes
An activist investor group comprised of Legion Partners Holdings, Macellum Advisors and Ancora Advisors has released a statement commenting on Bed Bath & Beyond’s announcement of certain changes to its board of directors:
Zojirushi Expands Mr. Bento Lunch Jar Assortment
Zojirushi has expanded its Mr. Bento lunch jar assortment with four new colors.
Oxo Adds Egg Timer To Kitchenware Assortment
Oxo has added the Punctual Egg Timer with Piercer, which is designed to assist consumers with egg prep, to its kitchenware assortment.
Rent-A-Center Settles Litigation With Vintage Capital
Rent-A-Center has agreed in principle to settle all litigation with Vintage Capital Management, and B. Riley Financial relating to the company’s termination of an agreement and plan of merger last year with certain affiliates of Vintage Capital.
Bed Bath & Beyond Shakes Up Board Of Directors
Pressured by activist investor groups and its recent financial results, Bed Bath & Beyond is shaking up its board. The board will now comprise 10 directors, nine of whom are independent.
Bed Bath’s Store Remodels The Latest In A Growing Trend
Bed Bath & Beyond’s efforts to test new store layouts and merchandising techniques is the latest move by a major retailer to update its stores.
Lenox Expands Kate Spade Drinkware Collection
Lenox has expanded its Kate Spade glass drinkware assortment with the addition of the Spade Clover pattern to its licensed line.
Report: Sears Sues Former CEO Lampert
Sears Holdings Corp. and a group of unsecured creditors are suing the retailer’s former CEO Edward Lampert along with several board members including current Treasury Secretary Steven Mnuchin for allegedly stealing billions of dollars from the retailer.
Pier 1 Names Rieger-Paganis Interim CFO
A month after announcing it would reorganize corporate affairs, Pier 1 Imports said that Deborah Rieger-Paganis will assume the role of interim CFO, effective immediately.
Pier 1 Slumps In Q4, Accelerates Turnaround Plans
Pier 1 Imports slumped in the fourth quarter and is weighing more store closings and cost cutting measures, as the retailer ramped up its turnaround plans.