Meredith Corp. has extended its licensing agreement through mid-2024 for its exclusive line of Better Homes & Gardens-branded products at Walmart in the United States and Canada.
Wayfair has reported a 36% increase year over year in direct retail gross sales, defined as dollars of order intake, for the five-day peak shopping period of Thanksgiving Day through Cyber Monday. Black Friday and Cyber Monday were Wayfair’s highest revenue days ever, the company said.
Tractor Supply Company has named Hal Lawton as its president, CEO and a member of the board of directors, effective January 13, 2020. Lawton, who is currently president of Macy’s, will succeed Tractor Supply’s CEO Greg Sandfort, who previously announced his intent to retire.
Pantone has revealed its 2020 Color of the Year: Classic Blue (Pantone 19-4052), which is said to instill “calm, confidence, and connection.”
Walmart recently kicked off a new ad campaign, dubbed “Spark,” which the company said is focused on showing off the customers and associates who bring a spark to their communities day-in and day-out.
Manufacturing sector economic activity contracted in November, even as the overall economy grew for the 127th consecutive month, according to the latest Manufacturing ISM Report On Business.