ValueVision Changing Name To EVINE Live
ValueVision is changing its name to EVINE Live Inc., a move company officials said is necessary to build on its…
retail
Home Goods Helps Drive TJX Q3 Sales Growth
Third quarter sales at TJX Companies were up 6% driven in large part by sales growth in the company’s Home…
Retail Sales Figures Strong Ahead of Holiday Season
Heading into the holiday shopping season American consumers are showing a willingness to open their wallets. October retail sales data…
HHGregg Chief Merchandising Officer Resigns
Home electronics retailer hhgregg announced that Jeffery G. Haines, the company’s chief merchandising officer, is resigning for “personal reasons.” According…
Alibaba’s U.S. Shopping Site, 11 Main, Releases Mobile App
Chinese e-commerce giant Alibaba is taking its U.S.-marketplace shopping platform, 11Main.com, to a new level with the a mobile app…
JC Penney Q3 Sales Flat, Home Segment A Top Performer
Third quarter sales at JCPenney were flat as the retailer reported that Home along with Fine Jewelry were among the…
Retailers Working To Shorten Holiday Shipping Times
With a recent Forrester survey predicting holiday e-commerce sales to grow 13%, getting those items in the hands of consumers…
Sears Holdings Considers Forming REIT To Raise Cash
Sears Holdings Corporation is considering the formation of a real estate investment trust (REIT) in an effort to monetize a…
QVC’s Third Quarter Revenue Strongest Of 2014
Home product sales were among the key drivers of QVC’s solid third quarter growth as shoppers of the home shopping…
O’Brien To Lead Merchandising At QVC
QVC has promoted Ken O’Brien to the position of senior vp, Merchandising. O’Brien is responsible for setting and executing QVC’s…
Libbey Announces Solid Q3 Net Income, Sales Increases
Libbey announced a sales increase for third quarter 2014. Sales for this quarter were $216 million, compared to $204.4 million…
Retail CMOs Expect Modest Holiday Sales Growth
A recent survey of chief marketing officers (CMO) at leading retailers found there is a positive outlook on the forthcoming…
Conference Board: Most Consumers To Hold Line On Holiday Spending
U.S. households plan to spend an average of $538 on gifts this holiday season, up slightly from $528 last year,…
HSNi Q3 Nets Sales Rise
Third quarter net sales at HSNi were up 5% as growth at HSN and online were the key drivers. Overall…
Fred’s Names Shore New CEO
Fred’s has named Jerry A. Shore as the company’s new CEO, replacing Bruce A. Efird who is leaving the company.…
Conference Board: Consumer Confidence Rebounds In October
The Conference Board Consumer Confidence Index, which had decreased in September, rebounded this month and now stands at 94.5, up…
iCoffee Set For Bed Bath and Beyond Debut
Remington’s iCoffee Opus single-serve coffeemaker will make its retail debut in November at Bed Bath and Beyond nationwide carrying a…
Drop In J.C. Penney Sales Negatively Impacts Martha Stewart Q3 Revenue
Third quarter revenue at Martha Stewart Living Omnimedia (MSLO) was down due in part to lower royalty revenue from licensed…
Macy’s To Open Store In Abu Dhabi
Macy’s, Inc. will be opening two stores in 2018 as part of a new regional shopping center in Abu Dhabi,…
Amazon Net Loss Surprises Analysts
For the third quarter ended September 30, Amazon.com, Inc. posted a net loss of $437 million, or 95 cents per…