by Mike Duff | Jun 7, 2023 | Retail Articles
Wayfair has announced that Steve Oblak, chief commercial officer, will retire in the first quarter of 2024 after 14 years of leadership. The company also provided a business update. Jon Blotner Jon Blotner will become Wayfair’s new chief commercial officer, the...
by Mike Duff | May 24, 2023 | Featured News, Retail Articles
Kohl’s Corp., in posting a profit that surprised Wall Street, asserted its turnaround gained traction in the first quarter. Plans to sustain momentum include putting more emphasis on core home categories and such less central but related categories as outdoor, pets...
by Mike Duff | May 23, 2023 | Retail Articles
Tough spring weather and weaker lumber prices contributed to a mixed quarter at Lowe’s Cos., yet one in which the company managed to exceed Wall Street expectations. Net earnings were $2.26 billion, or $3.77 per diluted share, versus $2.33 billion, or $3.51 per...
by Mike Duff | May 23, 2023 | Retail Articles
Erosion in demand for high-end furniture helped drive declines in sales and income at Williams-Sonoma but adjusted earnings per share managed to beat a Wall Street estimate. Net earnings were $156.5 million, or $2.35 per diluted share, versus $254.1 million, or $3.50...
by Mike Duff | May 23, 2023 | Retail Articles
Cloudinary, an image and video platform, released the results of its first global e-commerce survey. demonstrating that effectively deploying images and videos to target consumers can slash product returns by up to a third, potentially saving retailers billions of...
