by Mike Duff | Jun 30, 2022 | Featured News, Retail Articles
Qurate Retail President and CEO David Rawlinson II shared a three-year company turnaround plan called Project Athens designed to stabilize and differentiate the core businesses while expanding the company’s leadership in video streaming commerce. The five-point plan,...
by Mike Duff | Jun 29, 2022 | Featured News, Retail Articles
Mark Tritton’s exit from Bed Bath & Beyond after a 23% first-quarter comparable sales decline leaves a key question: What’s next for the struggling retailer attempting a full-scale transformation at a pivotal time for the home and housewares business?...
by Mike Duff | Jun 28, 2022 | Retail Articles
The COVID-19 pandemic is no longer a major reason to shop online for consumers in the United States, according to market research from Pitney Bowes Boxpoll. Pitney Bowes discovered that markdowns on items such as casual apparel, home appliances and furniture will...
by Mike Duff | Jun 27, 2022 | Retail Articles
In a holiday that will be closely watched as an economic gauge, market researcher Numerator stated that, while most consumers plan to celebrate Independence Day, the majority of celebrants expect at least a moderate inflation impact to spend less, purchase items on...
by Mike Duff | Jun 27, 2022 | Retail Articles
Store closures contributed to a bigger first-quarter net loss at Rite Aid Corp., but the company is counting on its expanded pharmacy operations as well as its beauty business and revamped loyalty program to help improve its results. First-quarter net loss was $110.2...
