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 – May

April 28 – Amazon Cites Expanded Home Selection in Reporting Q1 Profit Amazon turned to profits in the first quarter and beat Wall Street earnings and sales estimates with the e-commerce giant noting the contribution of an expanded home assortment led by a new Martha Stewart program. From: HomePage News April 28 – Time Is Right for Growth at Weis Markets $160M cap-ex…

U.S. Retail Intelligence – April

March 31 – Easter 2023 Spending Expected to Reach Record $24B With an influx in spending, this Easter Sunday is anticipated to be the biggest one yet. From: Progressive Grocer March 30 – Kohl’s Receives Prestigious Sustainability Award from Government The U.S. Environmental Protection Agency (EPA) Energy Star program has presented the department store retailer with the…

U.S. Retail Intelligence – February

January 31 – Dollar General President/CFO Plans to Retire in June John Garratt, president and CFO at Dollar General Corp., has announced his intent to retire, effective June 2. From: Progressive Grocer January 30 – Tops Completes $1.4M Remodel in New York In December, Tops unveiled a $1.8 million store renovation in Canandaigua, N.Y. Last fall, the retailer also welcomed…

U.S. Retail Intelligence – November

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…

U.S. Retail Intelligence – October

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…

U.S. Retail Intelligence – September

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…

U.S. Retail Intelligence – August

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…

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…