by Mike Duff | Apr 19, 2022 | Retail Articles
Inflation gained in March according to market researcher Numerator, but the impact differs across product and consumer segments. For example, March grocery prices were up 11% versus the month a year earlier in contrast to February up 10.3% year-over-year. Prices for...
by Peter Giannetti | Apr 19, 2022 | Trade Shows & Associations
International Market Centers (IMC) appointed former Food52 e-commerce executive Jojo Feld as head of growth and engagement for the Shoppe Object design-focused home and lifestyle trade show and its Shoppe Online B2B e-commerce platform. In the new role for Shoppe...
by Mike Duff | Apr 14, 2022 | Retail Articles
With identical sales positive after a big leap in the year-past period, Albertsons Cos. made big gains in the fourth quarter that included turning around a GAAP loss. Net income was $455.1 million, or 79 cents per diluted share, versus a net loss of $144.2 million, or...
by Peter Giannetti | Apr 13, 2022 | Dinnerware, Flatware, Home + Housewares, Tableware
Fortessa Tableware Solutions, a marketer of tableware and wine and cocktail accessories, announced a new web experience for wholesale and retail consumers. The company also announced the promotion of Deane Priest to executive vice president, consumer products....
by Mike Duff | Apr 13, 2022 | Featured News, Retail Articles
Bed Bath & Beyond posted a fourth-quarter net loss and a comparable sales decline versus 2020 and 2019, attributed in part by company management to global supply chain disruption that limited inventory availability during the quarter. The retailer’s net loss...
