by Mike Duff | Oct 24, 2024 | Retail Articles
In the midst of rapidly instituted changes as it reconfigures into a new, holding company-style operation, Beyond posted lower third-quarter sales and bigger losses that fell short of Wall Street expectations. Net loss was $61 million, or $1.33 per diluted share,...
by Mike Duff | Oct 23, 2024 | Retail Articles
As it works to achieve profitability, Beyond stated in a filing with the United States Securities and Exchange Commission it would reduce its workforce by 20%, and it announced the departure from the company of former chief product officer Carlisha Robinson. On...
by Mike Duff | Oct 16, 2024 | Featured News, Retail Articles
The Container Store Group, citing a goal to boost customer satisfaction and return to profitability, has entered into a strategic partnership that will make Beyond, Inc. a major minority owner. The partnership will leverage the Bed Bath & Beyond brand and The...
by Mike Duff | Aug 5, 2024 | Retail Articles
Time’s 2024 America’s Best Midsize Companies ranks Williams-Sonoma as the top retailer. Williams-Sonoma ranked 17th overall among 500 companies ranked and atop the report’s Retail, Wholesale & Consumer Goods grouping. Other retailers from that group among...
by Mike Duff | Jun 12, 2024 | Retail Articles
Despite recent difficulties, The Container Store continues to open small-format locations, planning to debut a pair of Virginia stores in Washington, DC, metropolitan area. The first of the new stores will open June 15 in Springfield, VA, and the second will open July...