Inflation will have a major impact on how consumers approach the upcoming holiday season, according to Bluedot, which tracks customer arrivals at stores and websites. In Bluedot’s third annual Holiday Shopping Habits report, based on a September survey of more...
As it works to keep pace with e-commerce leaders, Target Corp. has announced the hire of Prat Vemana as executive vp, chief digital and product officer. He joins Target on October 31 and will report to chief guest experience officer Cara Sylvester. In his new role,...
Macy’s aims to advance its omnichannel strategy with the launch of a digital marketplace on macys.com which will provide shoppers with a curated assortment of new brands, merchandise categories and products from third-party merchants and brand partners. The macys.com...
Before it announced a fourth quarter and full year loss, Tuesday Morning revealed that it had closed a strategic transaction to secure $35 million in convertible debt financing that could reshape how the company is positioned in the marketplace and raise the profile...
In the fourth quarter, Costco posted double-digit company comps as earnings and total sales beat an analyst estimate. The company reported that net income for the fourth quarter was $1.87 billion, or $4.20 per diluted share, versus $1.67 billion, or $3.76 per diluted...
