A week after filing for Chapter 11 bankruptcy protection, Sears Holdings Chairman Edward Lampert looking for financial partners on a $300 million loan sought by the retailer, Reuters reported on Monday.
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.
Coravin is now shipping its Bluetooth-enabled Model Eleven wine preservation system. The new system is integrated with Coravin Moments, the company’s app.
Epoca International has been tapped to be the manufacturer of non-electric housewares for Buzzfeed’s new brand Goodful. The line will officially launch this month at Macy’s, however, products are already being rolled out on the Macy’s website.
At the recent New York Tabletop Market, Robinson Home Products unveiled the addition of flatware and dinnerware segments to its CraftKitchen brand of housewares.
Regions of the country impacted by Hurricane Michael can receive assistance from Good360, the charity the International Housewares Association has partnered with to provide hurricane victims with home goods products as they rebuild their lives and homes. Last month, IHA partnered with Good360 to help the Carolinas recover from Hurricane Florence.
Qurate Retail Group has announced a series of initiatives designed to position its HSN and QVC U.S. businesses for long-term growth, increase synergies and accelerate the company’s digital transformation. The moves include the elimination of the QVC U.S. president position, with the exit of Steve Hofmann, who currently holds that position, and the combination of buying staffs.
With the holiday season on the horizon, consumers are expected to take a “blended” shopping approach when seeking out gifts for family and friends, according to a recent survey from The NPD Group.