After three grueling months as a public company and an 80% decline in its stock price from its trading debut, eco-friendly footwear and apparel maker Allbirds is hoping third-party sellers will give its brand and bottom line a boost. Get the Full Story Complete the...
Sleep Number Corp.’s stock price continued to tumble in early trading Thursday (Feb. 24), dropping more than 3% after a 14% dip Wednesday (Feb. 23) that came after the mattress and bedding manufacturer missed its fourth-quarter earnings expectations because of the late arrival of semiconductor...
Bath & Body Works, Inc. CEO and board member Andrew Meslow will leave the company May 12 due to health issues, the company announced Wednesday (Feb. 23) as part of its quarterly update to investors and analysts. Get the Full Story Complete the form to...
Shares of Rent-A-Center fell nearly 40% after hours Wednesday (Feb. 23) after the Plano, Texas-based operator of 2,400 furniture, appliance and electronics rental stores reported lower than expected Q4 results and weak guidance. Get the Full Story Complete the form to unlock this article and...
The number of merchants offering three cross-channel-capable features increased between 2020 and 2021, according to The 2022 Global Digital Shopping Index, a PYMNTS and Cybersource collaboration based on a survey of 13,114 consumers and 3,100 merchants across six countries. Get the Full Story Complete the...
Today in retail, Target is testing curbside returns and Starbucks order delivery, while Overstock’s stock price surges after the company’s blockchain-based trading platform gets an investment from Intercontinental Exchange. Plus, one man’s furniture trash is another person’s furniture treasure, and big retailers believe an omnichannel...
eCommerce retailer and technology company Overstock.com Inc.’s stock price surged almost 25% in early trading Wednesday (Feb. 23) after the company reported the results of its fiscal 2021 fourth quarter and full year. Get the Full Story Complete the form to unlock this article and...
Lowe’s fiscal 2021 fourth-quarter earnings reflect optimism about the home improvement sector and consumers’ willingness to continue doing it themselves, even as the restrictions related to the COVID-19 pandemic continue to ease, according to the company’s announcement Wednesday (Feb. 23). Get the Full Story Complete...
It’s been said that “one person’s trash is another’s treasure,” and a New York furniture maker is literally bringing that old saw to life, while looking to tap unprecedented consumer demand for sustainable, reusable products that cut waste and reduce stress on the environment. Get...
