U.S. Retail Intelligence

May 30 – Variety Wholesalers Plans Final Wave of Big Lots Reopening’s on June 5 The success of the Big Lots reopening effort has spurred the retailers new owner, Variety Wholesalers, to explore options for acquiring additional Big Lots locations, the parent company said. From: HomePage News   May 30 – Placer.ai: Are Malls Cool Again? Empty anchor implants like…

April 30 – Import Gains Ahead of Tariffs Contributed to GDP Decline in Q1 The U.S. Bureau of Economic Analysis reported real gross domestic product decreased at an annual rate of 0.3% in 2025’s first quarter. From: HomePage News   Burlington on Lease-Buying Spree — to Assume 45 Joann Leases Burlington will take over the leases, which are for stores across the country,…

  March 31 – Williams-Sonoma Says Tariffs Present Opportunity Supply chain efficiencies and moving sourcing away from China are giving the home goods retailer a leg up. From: Supply Chain Dive   March 31 – Numerator: Target’s Urban Growth Narrows the Gap with Suburban Shoppers The market researcher reported that 68% of Target customers are homeowners, with 39%…

February 28 – Consumers Cautious of AI Amid Growing E-Commerce Integration 39% of consumers said they have abandoned purchases while shopping due to frustrating AI interactions, such as inaccurate recommendations or poor chatbot interactions. From: HomePage News   February 28 – QVC Extends Rawlinson as CEO While Posting Non-Cash Q4 Loss The new employment agreement with…

January 31 – More Consumers to Celebrate Key Holidays Throughout 2025 Consumer intentions to celebrate the various holidays through the course of 2025 are up in nine of the 14 occasions the market researcher tracks, From: HomePage News January 31 – Costco Raises Pay for Hourly Employees The company will raise the hourly wage for employees at the top of its pay scale over…

December 30 – Big Lots’ New Deal Could Keep up to 400 Stores Open Under the transaction, Variety Wholesalers would acquire at least 200 stores and up to two distribution centers, saving jobs in the process. From: Retail Dive   December 23 – Party City to Close all Stores in Bankruptcy The party supplies specialist also announced it will close its entire footprint, which…

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…

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…

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…