Consumers are proving resilient when it comes to spending on health and beauty products. That’s one of the takeaways this past week from Target and Walmart’s earnings calls, and from other retailers, too. By and large, shoppers seem comfortable using online channels, and in some...
Overstock.com has put in a $21.5 million bid for some of Bed Bath & Beyond’s assets, including its intellectual property, business internet, and mobile properties, and all business data, CNBC reported Tuesday (June 13). This comes after the bankrupt retailer sought Chapter 11 protection in...
If the great American pastime is shopping, then the great American Retail response is arguably opening new stores. This, as a new blog post from the National Retail Federation noted that “for all of 2022, major U.S.-headquartered retailers announced plans to open about 7,860 stores.”...
Amazon’s chief executive says the company is committed to reviving its struggling physical grocery business. “We’re just still in the early stages,” Andy Jassy told the Financial Times (FT) in an interview published Monday (Feb. 13). “We’re hopeful that in 2023, we have a format...
August 18, 2023
Consumers are proving resilient when it comes to spending on health and beauty products. That’s one of the takeaways this past week from Target and Walmart’s earnings calls, and from other retailers, too. By and large, shoppers seem comfortable using online channels, and in some cases omnichannel options, to get the items they need to […]
November 26, 2023
All around America, the “zombie mall” phenomenon is taking hold. As The Wall Street Journal described in a report Sunday (Nov. 26), hundreds of these malls now dot the U.S., with more stores closed than open. Older, lower-end shopping centers have lost at least half and, in some cases, more than 70% of their value since […]
June 13, 2023
Overstock.com has put in a $21.5 million bid for some of Bed Bath & Beyond’s assets, including its intellectual property, business internet, and mobile properties, and all business data, CNBC...
February 14, 2023
Amazon’s chief executive says the company is committed to reviving its struggling physical grocery business. “We’re just still in the early stages,” Andy Jassy told the Financial Times (FT) in...
January 06, 2020
The highly anticipated American Dream Mall (ADM) in New Jersey will hold its last opening day celebration in March with almost 100 percent of its 3.3 million square feet fully...
