by Mike Duff | May 4, 2023 | Featured News, Retail Articles
The previously announced return-to-profits initiative by Wayfair took a step forward as the company reduced adjusted losses and bested Wall Street expectations for the first quarter. Net loss in the quarter was $355 million, or $3.22 per diluted share, versus $319...
by Mike Duff | May 3, 2023 | Retail Articles
According to the 2023 ChaseDesign Dollar Store Channel Survey, dollar stores are not only the fastest-growing retail category, but they also are proving more competitive with grocery stores and mass-market retailers. Grocery is now the top category shopped in the...
by Mike Duff | May 2, 2023 | Retail Articles
Wayfair is introducing Digital Design Studio, a patent-pending technology developed to bring the best of online and in-store shopping together, the company announced. Wayfair is introducing Digital Design Studio, a patent-pending technology developed to bring the best...
by Mike Duff | Apr 21, 2023 | Retail Articles
As Earth Day arrives, Beko Home Appliances and Alibaba.com released studies suggesting that demand for products associated with sustainability has a better-than-average chance of becoming popular with consumers. Research sponsored by Beko, which specializes in...
by Mike Duff | Apr 21, 2023 | Retail Articles
JCPenney has appointed Katie Mullen chief customer officer as the company seeks to integrate in-store and online operations more thoroughly. Mullen was the company’s chief digital officer and will continue to oversee e-commerce strategy and omnichannel development,...