by Mike Duff | Feb 24, 2022 | Retail Articles
Even as it released its fourth-quarter financials, Aaron’s Co. announced that it has entered into a definitive agreement to acquire BrandsMart U.S.A. for $230 million in cash. The transaction, the purchaser stated, would deliver Aaron’s more than $3...
by Mike Duff | Feb 21, 2022 | Retail Articles
At a time when the company is adding fresh faces to boost its e-commerce, Bed Bath & Beyond announced that it has appointed Minesh Shah, chief operations officer at Stitch Fix to its board of directors, effective March 1. Stitch Fix is an e-commerce operation that...
by Mike Duff | Feb 17, 2022 | Retail Articles
Walmart enjoyed a stellar fourth-quarter beating Wall Street on earnings as comparable sales made significant gains. In the fourth quarter, company net income was $3.56 billion, or $1.28 per diluted share, versus a net loss of $2.09 billion, or 74 cents per diluted...
by Mike Duff | Feb 16, 2022 | Retail Articles
Digital retailer Wish has launched shoppable videos dubbed Wish Clips, a new feature designed to enhance the customer experience and simplify the path to purchase. Each shoppable video experience enables users to gain additional information about products featured in...
by Mike Duff | Feb 15, 2022 | Retail Articles
As it seeks new ways to reach its customer digitally, Saks has made its official debut on TikTok with a diverse group of voices including creators, celebrities and fashion insiders. The initiative will give followers the opportunity to experience the world of luxury...