by Mike Duff | Jan 19, 2024 | Featured News, Retail Articles
As it continues a series of actions initiated in 2022, Wayfair stated it would reduce its global workforce by 13%. After an organization-wide analysis of workforce size and structure, the company decided to layoff 1,650 employees, Wayfair stated. The layoffs will most...
by Mike Duff | Jan 18, 2024 | Retail Articles
Williams-Sonoma’s Pottery Barn Kids banner is introducing its debut collection created with luxury lifestyle brand Aerin. The exclusive collection includes baby gifts, décor, nursery textiles and furniture crafted in Aerin’s signature modernized traditional style,...
by Mike Duff | Jan 18, 2024 | Retail Articles
Ikea U.S. is reporting sales gains and plans to expand its Plan and Order Points with Pick-Up locations and stores considerably smaller than its showroom format dedicated to kitchen, bedroom, and living room planning. According to the company, the fiscal year 2023 set...
by Mike Duff | Jan 5, 2024 | Retail Articles
In dual developments, CVS Health announced executive and loyalty program updates. CVS Pharmacy, the company’s retail division, will offer two membership tiers going forward, ExtraCare and ExtraCare Plus, one free and the other fee-based. ExtraCare, the free program,...
by Mike Duff | Jan 3, 2024 | Retail Articles
Acosta Group, a business services provider with a focus on marketing, retail and foodservice, has announced its 2024 retail predictions in a market that is still subject to the effects of larger social, demographic and economic dynamics that have made consumers more...