U.S. Retail Intelligence

November 29 – Retailers Enjoy Better Black Friday, Cyber Monday but Discounting Deepens Preliminary data released by business services provider Sensormatic Solutions, indicated a 2.9% increase in retail foot traffic on Black Friday, November 25, compared to 2021, while Adobe Analytics reported that online sales at $9.12 billion gained from $8.92 billion a year ago, good but…

October 31 – Ross Stores Open 40 Stores The new outposts complete Ross’ growth plans for fiscal 2022, which called for the addition of 99 new stores. From: Chain Store Age October 28 – Target to Carry Marks & Spencer Holiday Items The limited-time partnership offers highly giftable, on-trend products at value prices. From: Progressive Grocer  October 28 – Wegmans…

September 30 – Walmart Insists Distribution Can Handle the Holidays The Walmart supply chain has been challenged, the company admitted in a blog post, but the company has been able to deal with congestion and inflation so that it is ready for the holiday season. From: HomePage News September 30 – Qurate Names Veteran Supply Chain Exec Barnhart COO\ Qurate Retail Group…

August 31 – Hy-Vee to Hold Next Quarterly ‘Best of Local Brands’ Summit This year, Hy-Vee is focused on identifying suppliers with diverse backgrounds and urges minority-owned and women-owned businesses to apply for the quarterly summits From: Progressive Grocer August 31 – Dollar General Makes Additional Leadership Changes Dollar General announced several leadership…

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…

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…

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,…

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…

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…