E-tailer Newegg has announced its most successful Black November promotional period to date, driven in large part by strong sales from Thanksgiving to Cyber Monday.
At Home reported a rise in comparable store sales as the retailer continues to expand after its recent initial public offering.
As Hudson’s Bay has expanded its retail and real estate initiatives, the company reported what it termed a challenging third quarter, posting a wider net loss.
Wayfair is building on key existing programs involving television partnerships and virtual/augmented reality.
Supervalu has finalized the previously announced sale of its Save-A-Lot business to an affiliate of Onex Corporation for $1.365 billion in cash, subject to customary closing adjustments.
Shopbop.com, a digital retailer focused on women, is launching the fourth installment of a targeted celebrity and brand ambassador holiday campaign, #HolidayHowTo with actress Kate Bosworth.
Meijer has named Rick Keyes CEO. Keyes will add the CEO title after being named president last year. Before being appointed president, he had been Meijer’s evp/supply chain and manufacturing since 2006.
French Bull founder and designer Jackie Shapiro will bring the housewares brand to the home shopping channel company Evine. Shapiro will debut the French Bull show on December 13.
Ulta continued its market momentum in the third quarter, with income, sales and comps showing strong growth.
Despite flat sales, Big Lots topped its third quarter profit outlook.
At Home Group has appointed a new independent director and promoted two of the company’s officers, including chief operating officer.
Kroger pointed to pricing pressures and a sluggish consumer in a challenging but still positive third quarter.
Howard Schultz, Starbucks’ longtime chairman and chief executive officer, is stepping down effective April 3, 2017.
Selling, general and administrative expenses impacted Dollar General’s third quarter results.
Tuesday Morning has appointed Barry Gluck, an off-price retail industry veteran with over 40 years of retail experience, as a director of the board, effective January 1, 2017.
Consumer sentiment remained unchanged in early November from early October, according to Prosper Insights & Analytics, with 42.7% of consumers saying they were confident or very confident in the prospects for the economy.
Ace Hardware and The Grommet have announced a joint collaboration to bring the innovations of local makers into Ace Hardware retail stores.
From Thanksgiving Day through Cyber Monday, Wayfair’s direct retail gross sales, defined as dollars of order intake, increased 52% versus the 2015 holiday, the company reported, while total overall gross sales advanced 46% in the period year over year.
The holiday shopping season has moved past Thanksgiving weekend and Cyber Monday, and retailers are now totaling their receipts and wondering what more they can do to get shoppers to dip deeper into their wallets.
According to the 2016 International Council of Shopping Centers Thanksgiving/Black Friday shopping report, three quarters of Americans spent the same or more this year than last year, and 44% of that spend was on gifts.