U.S. Retail Intelligence

A monthly recap of U.S. home and housewares retail news to keep members apprised of information relevant to the retail landscape of the U.S.

U.S. Retail Intelligence – December

November 27 – Nordstrom Q3 results top Street with strong results from off-price banner, digital By banner, Nordstrom Rack sales surged 10.6%, with comparable sales going up 3.9%. at Nordstrom Rack. At the Nordstrom banner, sales rose 1.3% and comp sales increased 4%. From: Chain Store Age November 26 – Best Buy Misses Street Estimates as Wary Consumers Await…

U.S. Retail Intelligence – November

October 31 – Big Lots Names Nexus Successful Bidder Amid Bankruptcy Proceedings In its bankruptcy proceeding, Big Lots has filed notice of a successful bidder for its assets, Gateway BL Acquisition, an affiliate of Nexus Capital Management. From: HomePage News October 31 – Starbucks’ New Strategy Includes Four-Minute Service, Cozier cafes, Simpler Menu On the…

U.S. Retail Intelligence – October

September 30 – Adobe: Online Holiday Spending Prospects Look Bright The associated study indicated that mobile shopping should be a particular force powering spending velocity across the digital storescape, and that retailers that optimize for mobile will likely benefit the most. From: HomePage News September 30 – eBay Introduces Latest Class of ‘Up & Running’ Grant…

U.S. Retail Intelligence – September

August 30 – Food Lion Feeds Helps Nourish College Students The Sack to Give Back program also kicks off in September to align with Hunger Action Month, a time when Food Lion Feeds supports its relationship with Feeding America. From: Drug Store News August 30 – Burlington Optimistic About Second Half After Strong Q2 Comparable sales in the quarter gained 2% year over…

U.S. Retail Intelligence – August

July 30 – Beyond ‘remains in the red’ as it prepares to relaunch Zulily The company said it hit its Q2 revenue target and improved its bottom line, but sales are in decline. From: Retail Dive July 29 – Qurate Names Former Off 5th Exec Sirhal Chief Merchant for QVC Qurate Retail Group has appointed Mara Sirhal chief merchandising officer for QVC U.S., the…

U.S. Retail Intelligence – July

June 28 – Off-Price Retailer Bealls Names Less Senior Marketing VP Less leads brand marketing, e-commerce and guest strategy including supervising Bealls loyalty programs. From: HomePage News June 28 – Jim Pattison Group Acquires Save Mart Modesto, Calif.-based Save Mart, a Kingswood Capital Management LP portfolio company, has almost 200 Save Mart, Lucky and FoodMaxx…

U.S. Retail Intelligence – June

May 31 – Ultra Credits Target Partnership Royalties for Q1 Comp Sales Gain In a conference call, Ulta CEO Dave Kimball said royalty income from its partnership with Target contributed to the sales gain. From: HomePage News May 31 – Burlington Rides Early Spring Rebound to Q1 Sales, Earnings Gains Burlington Stores readily beat Wall Street first-quarter earnings estimates…

U.S. Retail Intelligence – May

April 30 – Nordstrom Adds Marketplace, Upgrades Digital Experience Marketplace customers will get personalized recommendations and thoughtful curation to make it easier to shop for their favorite brands and discover new ones, Nordstrom indicated. From: HomePage News April 30 – The Save Mart Companies to Roll Out In-Store Retail Media Network The chain will deploy tech…

U.S. Retail Intelligence – April

March 29 – West Elm’s New iOS Mobile App Customizes Shopping Experience The app is available for free in the App Store. West Elm, a Williams-Sonoma banner. From: HomePage News March 29 – Lands’ End Lays Off 10% of Corporate Workforce The layoffs came as Lands’ End faced growing losses and declining sales in the fourth quarter. From: Retail Dive March 29 – Report:…