by Mike Duff | Oct 23, 2024 | Retail Articles
As it works to achieve profitability, Beyond stated in a filing with the United States Securities and Exchange Commission it would reduce its workforce by 20%, and it announced the departure from the company of former chief product officer Carlisha Robinson. On...
by Mike Duff | Oct 21, 2024 | Featured News, Retail Articles
In what the companies describe as an initiative to revitalize the Bed Bath & Beyond brand, home decor and furnishings retailer Kirkland’s has entered into a partnership with Beyond Inc. that plans to restore brick-and-mortar operations of what now is an...
by Mike Duff | Sep 5, 2024 | Retail Articles
Kirkland’s narrowed its loss in the second quarter compared to a year ago, beating Wall Street estimates while reporting store traffic gains ahead its critical holiday period. Net loss was $14.5 million, or $1.11 per diluted share, versus a net loss of $19.4 million,...
by Mike Duff | Mar 21, 2024 | Home + Housewares, Retail Articles
In the fourth quarter, Kirkland’s Home turned a profit and beat Wall Street estimates. Net income in the 14-week fourth quarter was $10.1 million, or 78 cents per diluted share, versus a net loss of $3.8 million, or 30 cents per diluted share, in the 13-week...
by Mike Duff | Jan 26, 2024 | Retail Articles
To support its strategic repositioning efforts, Kirkland’s Home has entered into a supplemental credit facility that will increase its available credit by up to $12 million, the company announced. The company secured additional debt financing through a new...
