by Mike Duff | Mar 15, 2023 | Retail Articles
Consumers remain wary of spending given the uncertain economy, according to Circana, which reported U.S. discretionary general merchandise retail sales revenue dropped 4% in February 2023 year over year while unit sales slipped 5%. Weekly declines have remained...
by Chandler Harvey | Sep 26, 2022 | Featured News, Trade Shows & Associations
The International Housewares Association’s 2022 CHESS (Chief Housewares Executive SuperSession) wrapped up Friday with expert insights on the resurgence of physical retailing; housewares marketing hot spots for post-COVID consumer lifestyles; global growth...
by Mike Duff | Aug 26, 2022 | Retail Articles
At a time when both suppliers and the financial community are concerned about its prospects, Bed Bath & Beyond has announced that it will hold a conference call to provide a business and strategic update on August 31 at 8:15 a.m. Eastern Time. Sue Gove, director...
by Mike Duff | Mar 25, 2022 | Featured News, Retail Articles
After a dispute about the future of the company, Bed Bath & Beyond has entered into a cooperation agreement with Ryan Cohen and RC Ventures LLC, owner of 9.8% of the company’s outstanding shares, that could result in the spinoff of buybuy Baby. As part of...
by Mike Duff | Mar 10, 2022 | Featured News, Home + Housewares, Retail Articles
Bed Bath & Beyond has responded to a critical letter to its board of directors from shareholder RC Ventures, which owns almost 10% of the company’s stock and is controlled by Gamestop Chairman and Chewy co-founder Ryan Cohen. The letter criticized the retailer’s...