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ANALYSIS: What’s Next for Bed Bath & Beyond After Tritton Exit?

ANALYSIS: What’s Next for Bed Bath & Beyond After Tritton Exit?

by Mike Duff | Jun 29, 2022 | Featured News, Retail Articles

Mark Tritton’s exit from Bed Bath & Beyond after a 23% first-quarter comparable sales decline leaves a key question: What’s next for the struggling retailer attempting a full-scale transformation at a pivotal time for the home and housewares business?...
Pitney Bowes: Consumer Online Shopping Motivations Changing

Pitney Bowes: Consumer Online Shopping Motivations Changing

by Mike Duff | Jun 28, 2022 | Retail Articles

The COVID-19 pandemic is no longer a major reason to shop online for consumers in the United States, according to market research from Pitney Bowes Boxpoll. Pitney Bowes discovered that markdowns on items such as casual apparel, home appliances and furniture will...
Inflation May Quiet Fourth of July, but Shoppers Still Plan Close-to-Home Fun

Inflation May Quiet Fourth of July, but Shoppers Still Plan Close-to-Home Fun

by Mike Duff | Jun 27, 2022 | Retail Articles

In a holiday that will be closely watched as an economic gauge, market researcher Numerator stated that, while most consumers plan to celebrate Independence Day, the majority of celebrants expect at least a moderate inflation impact to spend less, purchase items on...
Rite Aid Loss Increases, Looks for Initiatives To Gain Traction

Rite Aid Loss Increases, Looks for Initiatives To Gain Traction

by Mike Duff | Jun 27, 2022 | Retail Articles

Store closures contributed to a bigger first-quarter net loss at Rite Aid Corp., but the company is counting on its expanded pharmacy operations as well as its beauty business and revamped loyalty program to help improve its results. First-quarter net loss was $110.2...
Walmart Readies AR Features for Home Decor, Extended In-Store Shopping

Walmart Readies AR Features for Home Decor, Extended In-Store Shopping

by Mike Duff | Jun 24, 2022 | Retail Articles

In a blog post, Walmart has revealed it is adding a pair of augmented reality features to its app, with home decor, including furniture, a focus of the initiative. By early July, Walmart shoppers using its iOS app will be able to view furniture and home décor items in...
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