Retail giants hold their ground in the NRF’s 2025 Global Top 50
Washington – The National Retail Federation (NRF) has officially named 50 retailers to its 2025 Top 50 Global Retailers list. Conducted by consulting and analytics firm Kantar, the 2025 list ranks...
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Target takes on exclusive home textiles from Parachute
Parachute’s first-ever mass retail collection launches at Target April 27 Over 200 home essentials priced from $12–$199, most under $90 Items include bedding, towels, bath mats, pillows, and robes The...
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Beyond Inc. bets on Overstock with 2 “firsts” – including a digital asset for...
Fast Facts Overstock kicks off its first multi-day mega sale, the “O’ Days Anniversary Event,” from April 24–28. Beyond Inc. introduces ‘O’ Digital Token, a tokenized security linked to Overstock IP...
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No reprieve after all for Hudson’s Bay’s remaining six stores
Toronto – The end is near for the handful of Hudson’s Bay stores the company hoped to sell to a new owner as it liquidated the rest of its department stores. In a court filing yesterday, the company...
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Walmart general merchandise lags but shows signs of rebound
Fast Facts General merchandise was Walmart U.S.’s only declining category in 2024 Sales fell 9.5% from 2021 peak but rose 4.8% from 2019 Home category and Walmart Marketplace helped drive quarterly...
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Dollar Tree brings on seasoned exec as new chief of supply chain
Roxanne Weng (Photo provided by Dollar Tree Inc.) Chesapeake, Va. – Dollar Tree Inc., which operates 16,500 stores across 48 states and five Canadian provinces, is bringing on a new chief supply chain...
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Big Lots comeback continues with May store reopenings
Fast Facts 132 Big Lots stores to reopen in two phases starting May 1 Reopened stores feature apparel, home goods, and seasonal items Locations span 14 states, with markets ranging from metro areas to...
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Beyond Inc. narrows its loss, says growth era is ahead
Murray, Utah – Revenue tumbled, but gross margin improved as Beyond Inc. brought down expenses during the first quarter. For the quarter ended March 31, net revenue plunged 39.4% to $232 million as...
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“A brand new business.” Beyond Inc. eyes growth after cost restructuring
Fast Facts As its wraps up restricting its costs, Beyond Inc. plans to shift to a growth strategy. The Bed Bath & Beyond online continues to deliver the bulks of the company’s retail revenue. New...
View ArticleWorld Market pushes ahead with prudent store expansion
Alameda, Calif. – Lifestyle specialty retailer World Market is opening a new store this week, moving forward with the modestly paced expansion to the chain that began last year. The retailer’s newest...
View Articlebuybuy Baby reboot will include a pilot store and crypto token
Murray, Utah – Just 10 weeks after acquiring buybuy Baby, parent company Beyond Inc. is preparing to relaunch the brand. The buybuy Baby site has been up and running, but an official relaunch is...
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Walmart ready to roll out “next-gen” superstore concept with elevated...
Bentonville, Ark. – Walmart is grand opening the first ground-up supercenter it has built in four years and the first new-construction “Store of the Future” in the U.S. The new supercenter in Cypress,...
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Burlington scoops up bankrupt Joann locations
Joann began liquidation sales in January after filing its second bankruptcy in 10 months. Burlington, N.J. – Burlington Stores Inc. has gone shopping in bankruptcy court again – just as it did after...
View ArticleFounder of billion-dollar jewelry brand teams with Pottery Barn Teen on 1st...
San Francisco – Kendra Scott – whose fine and demi-fine jewelry is sold by Nordstrom, Bloomingdale’s, Dillard’s and specialty retailers – is making her move into home furnishings with Pottery Barn...
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Kohl’s ousts new CEO after less than 4 months, vendor conflict cited – UPDATED
Ashley Buchanan (Photo provided by Michaels Stores) Menomonee Falls, Wis. – Kohl’s CEO Ashley Buchanan, who joined the company on Jan. 15, has been terminated for cause. The retailer announced this...
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With bump in revenue, Wayfair sees improving numbers for Q1 2025
Boston — With net revenue virtually flat year-over-year, Wayfair did see a small bump in total revenue and a larger one in U.S. revenue for the first quarter ended March 31. Total net revenue for the...
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Tariff issues tied to Kirkland’s uncertainty about its future
Nashville, Tenn. — Tariffs and their impact on 317-store home décor and home furnishings retailer Kirkland’s cash flow has the company voicing concerns about its ability to continue in business. In its...
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Bounced Kohl’s CEO must repay multi-million dollar signing bonus
Menomonee Falls, Wis. – Kohl’s recently ousted CEO, Ashley Buchanan, is facing a financial penalty after being let go for cause on April 30. In accordance with the terms of his contract, Buchanan must...
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Amazon holds steady in first quarter
Seattle — Amazon continued its steady performance to start 2025, booking a 9% increase in net sales for the first quarter. The company’s first quarter 2025 net sales were $155.7 billion, up from $143.3...
View ArticlePottery Barn teams with designer on Elle Décor’s A-List
San Francisco – The latest Pottery Barn co-branded collection was created in collaboration with interior designer Mark D. Sikes, who is known for his all-American aesthetic. Inspired by the LA-based...
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