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 – July

July 30 – Shopify Reports $1.2B Net Loss, Lays Off 10% of its Workforce The company’s e-commerce gamble “didn’t pay off,” CEO Tobi Lütke said, and it expects operating losses through the rest of the year. From: Retail Dive July 29 – Amazon Posts Q2 Loss Against Earnings Expectations Amazon fell short of second-quarter expectations as it continued working to cut costs and…

U.S. Retail Intelligence – June

June 30 – Ace Hardware Shuts Down The Grommet, Lays Off 44 The hardware retailer’s co-op structure made it difficult to expand the platform, according to founder Jules Pieri, who announced the closure on LinkedIn. From: Retail Dive June 30 – Qurate’s Rawlinson Unveils ‘Project Athens’ Turnaround Plan Qurate Retail President and CEO David Rawlinson II shared a three-year…

U.S. Retail Intelligence – May

May 31 – Bed Bath & Beyond Rolls Out Everhome Brand In another expansion of its “owned-brand” range, Bed Bath & Beyond is officially launching Everhome, which it characterizes as a casually sophisticated collection of furniture and furnishings, bedding, bath linens and accessories, decor, outdoor decor and tabletop, and storage and organization now available in-stores,…

U.S. Retail Intelligence – April

April 29 – Publix Launches Rapid Delivery in Miami Using Instacart's Carrot Warehouses Retailer is 1st grocer to use nano-fulfillment models. From: Progressive Grocer April 28 – Weis Markets Unveils $150M Cap Ex Plan Weis Markets continues to make record investments in new stores, remodels, fuel centers, IT upgrades and smaller store improvement projects. From: Progressive…

U.S. Retail Intelligence – March

March 31 – RH CEO Friedman Touts Big Expansion Plans After Q4 Earnings Beat Restoration Hardware CEO Gary Freidman highlighted the company’s active retail expansion and brand extension strategy after releasing fourth-quarter results that saw RH beat a Wall Street estimate on earnings but not on sales. From: HomePage News March 30 – Meijer Readies Sustainability Supplier…

U.S. Retail Intelligence – February

February 28 – Lowe’s Launches DIY Skill-Building Program Inspired by the digital instructor community boom and rise in immersive at-home learning, DIY-U by Lowe’s is a one-stop virtual location for how-to products workshops. From: HomePage News February 28 – Walmart Adding Exclusive Deals for “Plus” Members Walmart is offering special discounts to consumers joining its…

U.S. Retail Intelligence – January

January 31 – Walmart Enhances Interactivity in New Store Design With an emphasis on interactivity, Walmart has unveiled a new merchandising format dubbed Time Well Spent meant to keep the company’s customers shopping longer. From: HomePage News January 31 – Washington AG Hits Amazon on Price Fixing Washington State’s attorney general’s office has announced that, as a…

U.S. Retail Intelligence – December

December 29 – Hy-Vee Boosts Posts New Retail Security Team Members in Stores Officers will serve as resource to shoppers and employees in various Midwest markets. From: Progressive Grocer December 28 – Piggly Wigley Midwest Expands in Wisconsin The Wisconsin-based grocer finalized an agreement to transition Burreson’s Foods to a Piggly Wigley Midwest franchisee. From:…

U.S. Retail Intelligence – November

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.…