November 29 – Walmart CFO to Step Down in January 2023; Company Starts Search for Successor
The retail giant announced that executive VP and CFO Brett Biggs will step down on January 31, 2023, after 22 years with the retailer. From: Chain Store Age
November 26 – Giant Food to Open a New Store in Manassas, Va.
The nearly 60,000-square-foot store at 10864 Sudley Manor Dr. replaces a nearby Giant Food location that will close this week. From: Winsight Grocery Business
November 26 – Lidl, Aldi Tackle $30 Thanksgiving Challenge
Amid rising food costs, the discounter offers up its own holiday meal for less that includes a turkey and trimmings to feed 10 people. From: Winsight Grocery Business
November 24 – Nordstrom Q3 Revenues Gain But Earnings Miss Estimate
Nordstrom earnings fell short of a Wall Street earnings estimate but beat a revenue forecast in its third quarter. From: HomePage News
November 24 – ICSC: Thanksgiving Weekend Consumers to Spend Carefully
Consumers are preparing for Thanksgiving weekend with cautious enthusiasm, a new International Council of Shopping Centers survey revealed, with 86% of consumers expected to shop in the period from Thanksgiving Thursday through Cyber Monday. From: HomePage News
November 24 – Burlington Beats Street In Q3 Despite Supply Chain Pressure
Freight and supply chain pressures hit the bottom line at Burlington Stores in its third quarter ended October 30 despite a double-digit comparable sales gain. From: HomePage News
November 23 – Walmart’s First Twitter Livestream Kicks Off Cyber Week
In another expansion of its shopping outreach to consumers, Walmart is kicking off Cyber Week with its first shoppable livestream on Twitter, hosted by singer, songwriter, dancer and social media figure Jason Derulo. From: HomePage News
November 23 – Best Buy Posts Q3 Wall Street Beat Despite Challenges
Although it has wrestled with supply chain and other challenges, Best Buy still managed to top Wall Street earnings and revenue estimates in the third quarter. From: HomePage News
November 23 – Dollar Tree Hits Q3 Estimate as it Rolls Out $1.25 Pricepoint
At a time when it is shaking up its basic proposition to consumers, Dollar Tree reported in announcing its third-quarter results that it is making progress on key initiatives, including the addition of $1.25 pricepoints in all core Dollar Tree-bannered stores as it deals with supply-chain issues. From: HomePage News
November 22 – Own Brand Sales Lead Strong Q3 for BJ’s
BJ’s Wholesale Club reported increased sales across the board in Q3 of 2021 due to strong own brand sales and increased membership renewal rates. From: Store Brands
November 22 – Kitchen Window Independent Store Closing After 37 Years
Kitchen Window, the influential independent kitchen and housewares store in Minneapolis, announced today it will close its doors January 15 after 37 years in business. From: HomePage News
November 22 – Deloitte: Black Friday Excitement Returns as Consumers Reset Purchase Plans
Consumers are getting excited about Black Friday and plan to spend an average of $448 during the Thanksgiving period from Thursday, November 25 to Monday, November 29, up 12% from the 2020 period, according to Deloitte. From: HomePage News
November 22 – Ross Beats Wall Street Estimates Despite Macro Pressures
Although feeling some pressure from the COVID-19 pandemic, labor and transportation issues, Ross Stores still managed to post a double-digit third-quarter comparable store sales gain versus the 2019 period and higher earnings as well. From: HomePage News
November 22 – Amazon Reveals Cyber Monday Deals
With major holiday promotions dates fast approaching, Amazon has previewed its Cyber Monday deals weekend assortment including lots of bargains on home merchandise. From: HomePage News
November 19 – Ace Hardware Continues Making Strides in Q3
Ace Hardware Corp. set a revenue and an earnings record in the third quarter.
From: HomePage News
November 19 – Bed Bath & Beyond Unwraps H for Happy Brand for Holidays
As it adds to its private-label portfolio, Bed Bath & Beyond has officially added a new “owned brand” dubbed H for Happy, which features holiday-inspired and seasonal celebratory goods. From: HomePage News
November 19 – CVS Shifting Gears to Accelerate Strategy
In what it termed a move to accelerate its health strategy, CVS Health announced that it would develop new retail concepts, close 900 stores and replace Neela Montgomery, evp and president of CVS Retail/Pharmacy. From: HomePage News
November 19 – Williams-Sonoma Posts Q3 Gains, Addresses Supply Chain
Williams-Sonoma raised guidance after enjoying substantial Q3 gains across all its retail nameplates. From: HomePage News
November 19 – Natural Grocers Sets Another Record with Fiscal 2021 Net Sales
Co-president Kemper Isely credits founding principles, product selection and affordable prices for Natural Grocers’ 18th straight year of sales growth. From: Supermarket News
November 18 – Kohl’s Gains in Q3 with Sephora Boost
Kohl’s made big gains in its third quarter, declared its Sephora shop roll out a success and worked to deal with supply-chain challenges. From: HomePage News
November 18 – Macy’s Readies Marketplace in Wake of Q3 Comp Growth
Macy’s announced plans to add a curated online marketplace to build on the company’s existing e-commerce business as it posted third-quarter financial results that exceeded expectations. From: HomePage News
November 18 – TJX Q3 Beats Wall Street with Big Lift from Home
The third quarter was a good one for TJX Cos., which now is focused on promoting itself as a holiday gift destination with plenty of choices for gift-giving shoppers. From: HomePage News
November 18 – Starbucks and Amazon Open First Joint Concept Store with More to Come
Potential is there, but it’s not clear how seamless it will be for the user – and that’s what matters most. From: Retail Wire
November 18 – Publix Promotes 2 Officers
Mesa, Stalbaum both will become VPs and controllers. From: Progressive Grocer
November 17 – Loni Love Taking HomeGoods on a Virtual Gift Shopping Run
HomeGoods has partnered with Emmy-Award-winning host and author Loni Love who will directly engage consumers on how to gift better this holiday season, the retailer announced. From: HomePage News
November 17 – Lowe’s Registers Solid Q3, AARP Partnership
For the third quarter, Lowe’s Cos. pointed to strong sales and earnings gains and, in a conference call, announced a partnership with AARP to provide products and services for consumers who want to age in their own homes. From: HomePage News
November 17 – Big Retail Beyond 2021: Amazon Responds to a Transformed Competitive Market
This is the seventh installment of an exclusive HomePage News series examining the state of major home and housewares retailers entering the back half of 2021. From: HomePage News
November 17 – Target Scores in Q3, Touts Holiday Inventory Levels
After beating Wall Street estimates on sales and earnings, Target Corp. stated in a conference call that, despite inflationary pressures and supply chain bottlenecks, the company is prepared for the upcoming holiday season with a solid inventory position. From: HomePage News
November 16 – Retail Sales Jump 1.7% in October
Core retail sales rose 1.7% in October from September and were up 10.8% year-over-year, according to the National Retail Federation. From: Chain Store Age
November 16 – Home Depot Gains as Home Improvement Surge Continues
As it rides a wave of home improvement projects sweeping the United States, Home Depot enjoyed a tidy third quarter, beating Wall Street estimates for earnings and revenue. From: Homepage News
November 16 – Walmart Enjoys Big Comp Gains in Strong Q3
Even with COVID -18 lingering and related marketplace challenges affecting operations, Walmart enjoyed a strong third quarter that saw it build momentum, president, and CEO Doug McMillion declared. From: Homepage News
November 16 – Target Black Friday Deals Feature Electrics
In addition to typical online and in-store shopping the company will launch more Black Friday deals that allow consumers to us its same-day services, including drive-up and order pick up. From: Homepage News
November 16 – Ahold Delhaize aims to add $11.4 billion in sales by 2025
Omnichannel ecosystems seen as catalyst in push to double net consumer online sales, executives say at Investor Day. From: Supermarket News
November 16 – Former Dollar General CEO May Finally Get His Chance to Fix What Ails Family Dollar Hopefully this change in focus will help the company to get back on track as it starts to see the benefits of pandemic spending habits fade. From: Retail Wire
November 16 – Rue Gilt Groupe files for IPO
The Simon Property-backed company has 1 million active shoppers and has experienced operating losses each year since its inception. From: Retail Dive
November 15 – H-E-B Develops Eco-Friendly Private Brand
H-E-B has introduced and is expanding a line of eco-friendly own brand household and personal care products called Field & Future. From: Store Brands
November 15 – RH Chief Operating, Service and Values Manager to Depart
DeMonty Price is retiring effective Jan. 29. Fernando Garcia is being promoted to chief supply chain officer and president of home delivery. From: Retail Dive
November 15 – Southeastern Grocers Rolls Out Local Supplier Program
The Local Supplier Connect Program will give companies within SEG’s five-state market area the chance to be featured on Fresco y Más, Harveys Supermarket and Winn-Dixie store shelves. From: Progressive Grocer
November 15 – Dollar General Rolls On, Opening 18,000th Store
As it continues initiatives to reach more consumers, Dollar General announced the opening of its 18,000th store in Gulf Shores, AL. From: HomePage News
November 15 – Amazon Plans Bigger Black Friday with Home Goods
Amazon intends to offer more Black Friday deals than ever before. The company announces a 48-hour event starting on Thursday November 25, delivering bargains on housewares and home décor. From: HomePage News
November 15 – Meijer Black Friday Week Spotlights Home Electrics
Black Friday week deals include savings across the store, bringing shoppers exclusive deals on everything from air fryers and toys to game consoles and televisions as they shop on Thanksgiving and Black Friday weekend. From: HomePage News
November 13 – Macy’s CEO, a Department Store Veteran, Fights to Fit in the Amazon Future of Fetail. A push by an activist investor for Macy’s to consider spinning off its e-commerce business comes as a growing number of retail executives are coming from digital rather than traditional backgrounds. Macy’s CEO Jeff Gennette, who joined Macy’s in 1983 as an executive trainee, has indicated that he’s against a split and in favor of continuing to grow the company as an omnichannel retailer. From: NRF SmartBrief
November 12 – Dollar Stores Connect to Home Delivery
Home delivery is having an immediate impact on the dollar store business, and the trend is continually generating new initiatives, including a deal between Dollar General and DoorDash and the launch of a dollar store feature in the Instacart app. From: HomePage News
November 12 – Bloomingdale’s Readies Flagship Celebration with Klarna, Nespresso, Coravin
Bloomingdale’s plans to cheer residents of and visitors to its hometown of New York City with the return of the retailer’s iconic holiday unveiling event on November 18, featuring a special performance from Grammy-nominated singer-songwriter Bebe Rexha and tie-ins with Klarna, Nespresso and Coravin. From: HomePage News
November 12 – Saks.com Expands Holiday Luxury to More Categories
Saks.com has stocked up for the holidays with expanded offerings in existing product categories and launches into new categories including sporting goods, wellness and workout gear. High-end fashion is still the star of the season, the company says, and it has also added more brands of children’s apparel, luxury home goods and swimwear. From: NRF SmartBrief
November 11 – SpartanNash Sees Third Quarter Rebound
The Overall sales gain built on a 3.1% uptick in fiscal 2020 third quarter and marked a rebound from a 3.6% decrease in the second quarter.From: Supermarket News
November 11 – Sally Beauty Finishes Fiscal Year with a Beat
Sally Beauty enjoyed a Wall Street beat overall as comparable sales in the retail segment advanced for the fourth quarter. From: HomePage News
November 11 – Williams Sonoma Launching Shipping Membership, Recipe App
Williams Sonoma stores are offering shoppers a new recipe connection and a new shipping membership with added benefits. From: HomePage News
November 11 – Dillard’s Touts Q3 Progress
The 2021 fiscal third quarter compared well against the 2020 and 2019 periods; Dillard’s pointed out. From: HomePage News
November 10 – At Home Slates Four New Stores this Fall
At Home, following recent merchandising and corporate initiatives, announced four new home décor stores this fall, bringing the retailer’s store count to 235. From: HomePage News
November 10 – Walmart Adds High-Tech Distribution in Dallas; Amazon Expands in Alabama
Walmart announced plans to build two new high-tech facilities in the Dallas-Fort Worth area to support its growing supply chain network. A 1.5 million square-foot automated fulfillment center is set to open in 2023, and a 730,000 square-foot automated grocery distribution center is set to open in 2024. From: HomePage News
November 10 – Ahold Delhaize Looks at Offering Ultrafast Delivery
The company is examining whether such a service could be viable as its existing e-commerce operations continue growing at a rapid clip. From: Grocery Dive
November 10 – Dollar General Names New Supply Chain Leader
Dollar General has hired the former head of supply chain at Jo-Ann Fabrics & Crafts to lead its team amid supply chain challenges. From: StoreBrands Today
November 9 – Kmart to End 2021 with 6 Remaining US Stores
Kmart will close its last store in Michigan, where the retail concept launched 122 years ago, as part of the latest round of planned closings. The retailer will end the year with just six remaining continental US locations, down from 1,400 when Sears acquired the company in 2005. From: NRF SmartBrief
November 9 – Walmart, Uber Put Robotic Delivery Vehicles to Work
With delivery drivers in short supply, Walmart announced that it is operating robotic delivery from a “dark store” to a Neighborhood Market, and Uber revealed a partnership that will lead to it using automated vehicles for delivering goods to consumer homes. From: HomePage News
November 9 – Lowe’s Launches Spatial Commerce with LiDAR Room Measuring Tool
In another application of technology developed to drive retail sales, Lowe’s Cos. is preparing to launch the Measure Your Space(BETA), an end-to-end room scanning, measurement and estimate capability in the Lowe’s iOS app that relies on LiDAR to generate home remodeling data on iPhones and iPads that have the scanning technology installed. From: HomePage News
November 9 – Giant Co. Debuts Philly E-Commerce Fulfillment Center
Food retailer plans to expand grocery delivery to South Jersey this month. From: Progressive Grocer
November 9 – Restoration Hardware Advances Key Management
Restoration Hardware named Stefan Duban chief gallery and customer officer, and it also announced the retirement of DeMonty Price, president, chief operating, service and values officer while naming. From: HomePage News
November 9 – C&S Wholesale Paves the Way for Grand Union Redux
Iconic supermarket banner revived with 12-store purchase out of Tops-Price Chopper merger.
From: Supermarket News
November 8 – Staples Holiday List Includes Office Depot
As it pursues a bigger chunk of the office supply market, Staples has reaffirmed its June 4 proposal to Office Depot parent The ODP Corp. to acquire its consumer business for a cash purchase price of $1 billion, with Staples saying it has made substantial progress responding to the United States government’s data requests and inquiries in connection with the purchase. From: HomePage News
November 8 – Price Chopper/Market 32 and Tops Markets Complete Merger
Upstate NY grocery chains to be owned and overseen by new parent company Northeast Grocery Inc. From: Supermarket News
November 8 – Walmart Testing Driverless Truck Routes
Walmart has begun using Gatik’s driverless trucks in its Arkansas middle mile transport, a move it hopes will cut inefficiencies and increase capacity in its e-commerce grocery business. Since August, the retailer and the Silicon Valley startup have run two autonomous box trucks on a daily, 12-hour loop of seven miles. From: NRF SmartBrief
November 8 – Bed Bath & Beyond Fills 2 New Executive Positions
Bed Bath & Beyond has promoted Rafeh Masood and Anu Gupta to the newly created roles of chief customer officer and chief growth officer, respectively. Masood joined the company as chief digital officer last year and the appointments come as the retailer prepares to roll out a digital marketplace that will allow sales by outside brands. From: Housewares SmartBrief
November 6 – Amazon Fresh Opens Largest Store in Illinois With Just Walk Out Tech
35,000-square-foot store simplifies shopping with cashier-less shopping. From: Progressive Grocer
November 5 – RH Signs Lease for its First Gallery in Orange County
The company announced this week that they have signed a lease to open at Fashion Island, its luxe center on the beach. From: Chain Store Age
November 5 – Bed Bath & Beyond Reveals Early Holiday Deals, Omni Updates
Bed, Bath & Beyond announced that it is taking its “Home Happier” theme into the holiday season with the company’s wide assortment of “owned brands” and national nameplate favorite. From: HomePage News
November 5 – Tuesday Morning Cuts Q1 Losses
After emerging from Chapter 11 bankruptcy protection early this year, Tuesday Morning began a new fiscal year with a smaller first-quarter loss year over year and a comparable store sales gain on a two-year basis. From: HomePage News
November 4 – Costco Extends Double-digit Sales Growth in October
Costco Wholesale built on sequential and year-over-year sales growth with more double-digit gains in October. From: Supermarket News
November 4 – Supply Chain Constraints, Consumer Shifts Hit QVC Q3
In the third quarter Qurate reported that it suffered from declining visits, as bricks and retail store openings tempted them back to physical store visits, supply chain constraints. From: HomePage News
November 4 – Post Pandemic Headwinds Pressure Wayfair Q3
As consumers changed their shopping patterns in a market less threatened by COVID-19, Wayfair took a step back in both revenues and earnings during the third quarter, although profits did beat a Wall Street estimate. From: HomePage News
November 4 – NRF Underscores Strong Holiday Forecasts, Pushes Infrastructure Fix
The National Retail Federation expresses confidence in its forecast for record holiday season growth. From: HomePage News
November 4 – Foxtrot Opens 3rd D.C. Location
Latest store offers such features as refreshed café menu, sommelier-selected wines. From: Progressive Grocer
November 3 – Sales at Weis Markets Bounce Back in Q3
Weis Markets saw net and comparable sales rebound in its fiscal 2021 third quarter after second quarter declines. From: Supermarket News
November 3 – Bed Bath & Beyond Makes Strategic Moves with Kroger, Digital, Leadership
In a shakeup of the business, Bed Bath & Beyond has announced a key strategic deal with The Kroger Co., a new digital marketplace to build on the company’s existing business in key Home and Baby categories and changes to the executive suite. From: HomePage News
November 3 – Container Store Uncorks Strong Q2
In the second quarter, Container Store beat a Wall Street estimate as sales and earnings rose versus the 2020 and 2019 periods. From: HomePage News
November 3 – Stores Contribute to CVS Health Stellar Q3
CVS Health had a robust third quarter with gains overall and in its retail division, where front store comparable sales, including general merchandise, gained 12.3% year over year. From: HomePage News
November 3 – Harris Teeter Announces Upcoming Retirement of its President
Tammy DeBoer, the grocer’s senior vice president of merchandising, operations and marketing, will succeed Rod Antolock after his exit on Feb. 1, 2022. From: Grocery Dive
November 2 – Ralph Lauren Back in Black
Ralph Lauren’s revenue rose 26% in its second quarter. From: Chain Store Age
November 2 – Target Unveils Holiday Marketing Campaign
Per the announcement, the campaign is meant to showcase the company’s “commitment to diversity and inclusivity.” From: Retail Dive
November 2 – Bed, Bath & Beyond Hails Uber as Delivery Partner
Uber Technologies has struck up a partnership with Bed, Bath & Beyond and buybuy BABY to expand the retailers’ delivery options. From: HomePage News
November 2 – Publix Comps Gain as Sales, Earnings Slip
The company reported that comparable store sales for the three months for the third quarter increased 6.3% year over year, and total sales were 11.9% versus 11.1% billion in the 2020 period. From: HomePage News
November 2 – A Big Deal for Berkshire Grocery
Brookshire Grocery Co. (BGC) is expanding its reach in the Southwest region of the United States with its acquisition of 17 Reasor’s stores in Oklahoma. From: Progressive Grocer
November 2 – Office Depot Works Up Holiday Deals
Office Depot will feature new weekly deals every Sunday and deals of the day until the end of the year and has created curated gift guides for home goods, office workers, white elephant parties, gamers, techies, among others. From: HomePage News
November 1 – Ikea Turning Friday Green All November Long
The company is launching a Sustainable Living Shop at all stores nationwide as part of the larger Ikea Green Friday Initiative. From: HomePage News
November 1 – Walmart Tech Initiatives Set to Spark Holiday Shopping
Walmart is using technology in its holiday outreach to consumers, one that even uses facial expressions to facilitate browsing for purchases and gifts. From: HomePage News
November 1 – Southeastern Grocers Formally Withdraws IPO
It’s the third time the grocery chain has canceled plans to go public. From: Progressive Grocer
