by Chandler Harvey | Dec 20, 2024 | Retail Articles
Retail took some surprising twists in 2024, as the view forward from 2023 didn’t reveal how the way forward would have so many twists and turns. Of course, some developments fell into old patterns and some weaker retailers fell by the wayside. Meanwhile, an...
by Peter Giannetti | Oct 28, 2024 | Retail Articles
Beyond Inc. Executive Chairman Marcus Lemonis has acquired 156,985 shares of Beyond’s common stock for $6.37 a share, a total value of $999,994, according to a recent SEC filing. Lemonis now holds 365,530 shares of the company. Lemonis’ share purchase follows Beyond’s...
by Mike Duff | Oct 24, 2024 | Retail Articles
In the midst of rapidly instituted changes as it reconfigures into a new, holding company-style operation, Beyond posted lower third-quarter sales and bigger losses that fell short of Wall Street expectations. Net loss was $61 million, or $1.33 per diluted share,...
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 | Aug 8, 2024 | Retail Articles
Sales and earnings slipped in Qurate Retail’s second quarter as QVC and HSN combined sales declined. Company net earnings were $20 million, or five cents per diluted share, versus $107 million, or 28 cents per diluted share, in the year-previous quarter. A Yahoo...