Wayfair announced that it had a first-quarter loss as it adjusts to an environment where the COVID-19 pandemic is a lesser factor and other macroeconomic and political developments are pressuring operations. In addition, Wayfair announced that Michael Fleisher will be...
In his first shareholder letter as Amazon president and CEO, Andy Jassy stated that a new world with a bigger role had opened up for the company during the COVID-19 pandemic and Amazon is evolving to meet the challenges and opportunities of the times. In assessing the...
Ollie’s Bargain Outlet Holdings announced that Mario Sampson has joined the company as svp/supply chain. The appointment follows on the release of Ollie’s third quarter financial results. Sampson will supervise the supply chain function including domestic and...
Kohl’s made big gains in its third quarter, declared its Sephora shop roll out a success and worked to deal with supply-chain challenges. Kohl’s net income was $243 million, or $1.65 per diluted share, versus a net loss of $12 million, or eight cents per diluted...
With the holiday season barreling down, Target Corp. has launched a new lifestyle collection with the LEGO Group including a colorful assortment of home goods, apparel, accessories, pet, toys and gift items, even as it detailed how it will address supply chain issues...