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Tag Archives: retail

Hartmann to Join Bed Bath & Beyond as COO

bed bath & beyond

John Hartmann will join home furnishings retailer Bed Bath & Beyond. He will serve as chief operating officer of Bed Bath & Beyond and president, buybuy BABY, effective May 18, 2020. Earlier this week, True Value Co. confirmed Hartmann would …

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Retail Sales Fall 8.7% in March

home improvement sales

As COVID-19 continues to impact every aspect of retail, the latest retail sales report from the U.S. Department of Commerce shows overall retail and food service sales fell 8.7 percent from Feb. 2020 to March 2020. Retail, excluding food service,  …

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Monitoring the Market: Quarter 1

Use the following industry metrics to anticipate emerging trends and opportunities in the channel. Data is not seasonally adjusted, meaning these graphs represent real-time shifts in the market. Understand consumers’ desire to save or spend by gauging overall consumer confidence …

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Black Friday and Small Business Saturday Spur Sales

small business saturday

Americans spent more on Black Friday 2019 than ever before, according to new data from USA Today and financial technology firm Fiserv Inc. Both online and in-store sales grew over 2018 figures, according to the firm. Brick-and-mortar sales grew by …

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Do Brands Need Amazon?

amazon

In November, Nike said it would no longer sell its merchandise on Amazon. Instead, the company would focus on its own direct-to-consumer e-commerce sales. The decision is creating uncertainty as to how strongly established brands should rely on the e-commerce …

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Maine Retailer Empowers Team to Find Their Voice

voice

In 2010, Kevin Hancock had a lot on his mind. As the chairman, president and CEO of Hancock Lumber, a seventh-generation family business that employs over 500 people, he was focused on navigating the operation through the recession. On top …

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Do it Best Announces New Director of International Sales

lbm

Do it Best Corp. has named a new director of international sales with its promotion of industry veteran Scott Sproul, effective immediately. “Do it Best is committed to be the industry’s first and best choice for independent home improvement retailers, …

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Lowe’s CEO Reflects on His First Year in Charge

Lowe's CEO

In an interview with North Carolina Biz News Wire, Lowe’s CEO Marvin Ellison is looking back on his first year at the helm of the U.S. big-box home improvement chain. “When I came to Lowe’s, I quickly saw that the …

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