by Mike Duff | Dec 16, 2025 | Retail Articles
Overall retail spending held steady in November, according to Circana, growing 1% as unit demand remained flat from 2024, with Black Friday failing to provide a closing boost. Emphasis on necessities, such as food, continued to take priority over other considerations...
by Mike Duff | Dec 15, 2025 | Appliances, Home + Housewares, Retail Articles, Vacuum Cleaners
As it enters a pre-packaged Chapter 11 bankruptcy process, iRobot Corp. announced its acquisition by the company’s secured lender and its primary contract manufacturer, Shenzhen Picea Robotics Co. and Santrum Hong Kong Co. As part of a Restructuring Support Agreement...
by Peter Giannetti | Nov 26, 2025 | Retail Articles
Most U.S. consumers will be more selective in their holiday shopping this year as concerns about rising costs weigh on gift purchase choices, according to market research and analytics company Circana. The Circana holiday intentions survey indicated that 81% of...
by Peter Giannetti | Nov 14, 2025 | Featured News, Retail Articles
Circana reported U.S. retail sales revenue for the combined four weeks ending November 1, 2025, rose 2%, while unit demand remained flat compared to the same period in 2024. “Consumers appear nimble as they bend and stretch their ability to purchase amid an abundance...
by Mike Duff | Nov 7, 2025 | Appliances, Home + Housewares, Vacuum Cleaners
Headwinds and disruptions impacted iRobot’s first quarter, although the loss by the maker of robotic cleaning appliances was less than Wall Street expected. Net loss was $21.5 million, or 62 cents per diluted share, versus a net loss of $6.4 million, or 21 cents...