Continuing a shakeup begun when six executives were let go last month by the new CEO, Bed Bath & Beyond plans to sell half its real estate assets, including its headquarters and an unknown number of its 1,500 stores, to a private equity firm, the Wall Street Journal is reporting.
Dealing with a mountain of debt and less business coming in the door, David’s Bridal is the latest in a string of retailers to file for Chapter 11 bankruptcy protection.
lululemon athletica inc. announced that Laurent Potdevin has resigned as CEO and as a member of the company’s Board of Directors, effective immediately. See what other corporate changes are being made within the company with Potdevin’s departure.
Everyone talks and talks about building a consistent brand and creative platform across channels. But how many of you have actually accomplished this?
In a move that would vault its logistics and shipping operations to a new level, Home Depot is reportedly interested in acquiring Greenwich, CT-based XPO Logistics, according to a report in Recode.
Holiday retail sales increased 4.9% between Nov. 1 and Dec. 24, setting a new record for dollars spent, according to data from MasterCard SpendingPulse, the largest boost since 2011 and an indication of consumer confidence as the economy grows.
Holiday season ecommerce sales have been very strong to date, generating $65.15 billion, according to Adobe Analytics, an increase of 14.7% over 2016, with each day from Nov. 1 to Dec. surpassing the $1 billion mark. Here are some other results Adobe found through its holiday season analysis.
Seventy-five percent of Americans plan to shop over Cyber Weekend, the traditional kickoff to the holiday shoppping season, according to a new survey from Deloitte, spending an average of $427, up slightly from $400 in 2016.
Continuing its push into physical stores, Amazon plans to open boutiques within 10 Kohl’s stores in Los Angeles and Chicago in October, where Amazon associates will sell its smart devices and offer its smart home services.
West Elm announces its partnership with Leesa mattresses. The Leesa brand will be in 80+ West Elm locations in the U.S. and online. See what initiatives the brand is putting in place with this new partnership.