by Mike Duff | Feb 3, 2025 | Featured News, Retail Articles
With an initiative that further reconstructs the Bed Bath & Beyond business, Beyond has entered into an asset purchase agreement with BBBY Acquisition Co. LLC to acquire the global rights of the Buy Buy Baby brand for $5 million, a deal that may render a...
by Mike Duff | Jan 6, 2025 | Featured News, Retail Articles
Customer relationship management services provider Salesforce reported online retail sales during the 2024 holidays surged to a record $1.2 trillion globally and $282 billion in the United States, but the company noted subsequently high product returns could dampen...
by Mike Duff | Dec 18, 2024 | Retail Articles
With retailers employing strategies to make the last few days up to Christmas lucrative, Salesforce reported global online sales for the 2024 holiday season from November 1 to December 15 reached $849 billion, up 4% year-over-year. Although the gains so far this...
by Mike Duff | Sep 3, 2024 | Featured News, Retail Articles
The upcoming holiday presents challenges for retailers fighting it out through a shopping period with the fewest number of days between Thanksgiving and Christmas since 2019 and with 43% of consumers carrying more debt than they held in 2023. Data from the Salesforce...
by Mike Duff | Jul 8, 2024 | Featured News, Retail Articles
HBC, parent company of Saks Fifth Avenue and Hudson’s Bay stores, is getting some help from Amazon in its definitive agreement to acquire Neiman Marcus Group, parent of Neiman Marcus and Bergdorf Goodman, for a total enterprise value of $2.65 billion. In the wake of...
