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.
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.
Walmart and BuzzFeed’s Tasty are expanding their partnership with a new feature, shoppable recipes.
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.
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.
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.