Tritton: Store Pickup, Vendor Partnerships Begin Bed Bath & Beyond Turnaround

Bed Bath & Beyond suffered a rough third quarter, with earnings dipping into the red, but in his first conference call as the company’s CEO, Mark Tritton provided his view of how the company would turn things around, including an expansion of in-store pickup and the launch of a new vendor collaboration program.

NPD: Black Friday Still Dynamic

Black Friday remains a meaningful date even as retailers stretch out the promotion to as long as a week. About 17% of consumers responding to The NPD Group’s 2019 Holiday Purchase Intentions Survey said they plan to wait to start their holiday shopping on Black Friday itself.

NPD: Late November Shoppers Focus On Savings

The week before Thanksgiving brought slower sales growth for some product categories covered by The NPD Group, and steeper declines for others, resulting in a slight overall decrease in the third week of November versus the week in 2016, according to the market research firm.

Look To Consumers For The Answers

The September 25, 2017, issue of HomeWorld Business is paired with the 19th annual HomeWorld Forecast, our exclusive consumer survey of housewares shopping preferences and expectations.

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