by Mike Duff | Jun 6, 2022 | Retail Articles
Dave Clark, Amazon CEO of Worldwide Consumer and a critical player in the company’s operational expansion during the COVID-19 pandemic, is leaving the company to pursue other interests, the company reported. The move comes as Amazon is addressing overcapacity...
by Mike Duff | May 25, 2022 | Home + Housewares
Sales and earnings slipped at Best Buy after the electronics buying binge that occurred during the height of the COVID-19 pandemic. Net earnings in the first quarter were $341 million, or $1.49 per diluted share, versus $595 million, or $2.32 per diluted share, in the...
by Mike Duff | May 16, 2022 | Retail Articles
After he held the office for a little less than a year, Belk announced that CEO Nir Patel has left the company to pursue other interests and that president Don Hendricks has been appointed interim CEO. As president and COO, Hendricks has been instrumental in leading...
by Mike Duff | Apr 14, 2022 | Retail Articles
As the retail world tries to settle down into a post-pandemic world, not that COVID-19 is cooperating with the newest Omicron variant prompting reconsideration of masking rules in some places, a number of retailers saw major gains in first quarter foot traffic,...
by Mike Duff | Mar 24, 2022 | Featured News, Retail Articles
The Pandemic-Driven Housewares Purchases & Usage Post-Lockdown Report from market researcher Numerator supports the observation that stay-at-home requirements instituted during the COVID-19 pandemic drove housewares purchases. In fact, according to Numerator, more...
