Owned Brands (Private Label) Bed Bath & Beyond is discontinuing a private brand as it tries to reverse declining sales The retailer had made an aggressive push into exclusive brands and touted them as a linchpin of its turnaround strategy. CNBC August 5, 2022August 5, 2022 < 1 min read Owned Brands (Private Label)Bed Bath & BeyondStrategy 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Bed Bath & Beyond downgraded by Moody’s amid ‘steep decline’ in sales The agency updated the retailer’s coporate rating following the departure of its CEO and chief merchandising officer late last month. RetailDive July 21, 2022July 21, 2022 < 1 min read Bed Bath & BeyondExecutivesMerchandising 0 Saving Bookmark this article Bookmarked
Corporate Strategy What’s Up With The Plethora of CEO Changes At Retail? The Wall Street Journal has a story in which it notes that “on Monday, Gap Inc. replaced Chief Executive Sonia Syngal after more than two years on the job. On Tuesday, Dollar General Corp. said its longtime CEO would step down. Those announcements follow recent exits of the CEOs at companies such as Bed Bath […] MorningNewsBeat July 15, 2022July 15, 2022 2 min read ExecutivesESG and CSRBed Bath & BeyondSustainabilityBrick and MortarCOVID19Data & InsightsDept. ApparelDollar GeneralEconomyPredictions and ForecastsRecommerceBig DataTechnology & Innovation 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Bed Bath & Beyond names new chief accounting officer Lauren Crosse has been named senior vice president of finance and chief accounting officer. She replaced John Barresi who resigned earlier this month. Bed Bath & Beyond also named Susie A. Kim, senior vice president of treasury and investor relations. RetailWire July 1, 2022July 1, 2022 < 1 min read Bed Bath & BeyondExecutivesResults & InvestmentGovernment 0 Saving Bookmark this article Bookmarked
Department: Nonfood The Weekly Closeout: Bed Bath & Beyond continues executive shakeup and Gucci launches a pet collection The home retailer appointed a new chief accounting officer and head of treasury. Meanwhile, the luxury brand seeks to bring individuality to pets. RetailDive July 1, 2022July 1, 2022 < 1 min read Dept. PetExecutivesBed Bath & BeyondGovernment 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Bed Bath & Beyond names new chief accounting officer in latest executive change as sales plunge Bed Bath & Beyond announced Thursday that it has appointed a new chief accounting officer and president of treasury and investor relations. CNBC June 30, 2022June 30, 2022 < 1 min read Bed Bath & BeyondExecutivesGovernment 0 Saving Bookmark this article Bookmarked
Corporate Strategy Bed Bath & Beyond Promotes Two Executives to Top Finance Positions One day after announcing the departure of CEO Mark Tritton, Bed Bath & Beyond has named Laura Crossen as its new SVP of Finance and Chief Accounting Officer, and Susie Kim as SVP of Treasury and Investor Relations. Both appointments are effective immediately. Crossen, who has been with the retailer since 2001, will lead the […] Retail TouchPoints June 30, 2022June 30, 2022 2 min read ExecutivesBed Bath & BeyondResults & InvestmentAssociatesOperations & Supply ChainMerchandisingGovernment 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Bed Bath & Beyond Inc. appoints new Chief Accounting Officer and Head of Treasury UNION, N.J., June 30, 2022 /PRNewswire/ — Bed Bath & Beyond Inc. (Nasdaq: BBBY) today announced that it has named Laura Crossen as Senior Vice President of Finance and Chief Accounting Officer, and Susie A. Kim as Senior Vice President of Treasury and Investor Relations, effective… PR Newswire June 30, 2022June 30, 2022 < 1 min read GovernmentBed Bath & BeyondExecutivesResults & InvestmentAssociates 0 Saving Bookmark this article Bookmarked
Corporate Strategy Bed Bath & Beyond CEO Mark Tritton Out as Sales Slow Mark Tritton, who took over as CEO of Bed Bath & Beyond in late 2019 to lead a transformation amid declining store traffic, resigned from his position on Wednesday. Bed Bath & Beyond Board Director Sue Gove, who is taking over as interim CEO, said in a news release that the leadership change occurred because […] Marie Albiges June 29, 2022June 29, 2022 2 min read Bed Bath & BeyondExecutivesCOVID19Owned Brands (Private Label)StrategyDept. HBCDept. NonfoodDivestituresStore LocationTargetBrick and MortarHealth & WellnessMerchandisingOperations & Supply ChainTechnology & Innovation 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Bed Bath & Beyond CEO out as sales fall 25% in Q1 Mark Tritton, who took the helm in late 2019 after helping execute a turnaround at Target, is replaced by independent board member Sue Gove in the interim. RetailDive June 29, 2022June 29, 2022 < 1 min read ExecutivesBed Bath & BeyondTarget 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Bed Bath & Beyond says it’s still open to selling its Buybuy Baby division The baby gear banner has been a focal point in a dispute with activist investor, Ryan Cohen. CNBC June 29, 2022June 29, 2022 < 1 min read Bed Bath & Beyond 0 Saving Bookmark this article Bookmarked
Corporate Strategy Bed Bath & Beyond makes leadership changes UNION, N.J. — Bed Bath & Beyond Inc. has named Sue Gove, an independent director on the company’s board and chair of its strategy committee, the company’s interim chief executive officer. She replaces Mark Tritton, who has left his role as president, chief executive officer and board member, the company said Wednesday. The move came […] MMR June 29, 2022June 29, 2022 3 min read ExecutivesBed Bath & BeyondAssociatesStrategyMerchandisingOperations & Supply ChainCOVID19ReturnsOmnichannelTechnology & InnovationPredictions and ForecastsHealth & WellnessMarketing: SocialBrick and MortarDivestituresPartnershipsResults & InvestmentDept. HBC 0 Saving Bookmark this article Bookmarked
Corporate Strategy Bed Bath & Beyond CEO Exits as Q1 Sales Drop 25% Challenges continue for home retailer Bed Bath & Beyond. CEO and board member Mark Tritton is leaving, a move that coincided with the release of quarterly earnings showing a 25% decline in sales, from $1.95 billion in Q1 2021 to $1.46 billion in Q2 2022, which ended May 28, 2022. Sue Gove, an Independent Director […] Retail TouchPoints June 29, 2022June 29, 2022 2 min read ExecutivesBed Bath & BeyondOperations & Supply ChainResults & InvestmentChewyTargetMerchandisingOmnichannelStrategyAssociatesConsumersDept. HBCEconomyHealth & WellnessPredictions and ForecastsSustainability 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Bed Bath & Beyond chief leaves amid deepening sales loss Retail Customer Experience June 29, 2022June 29, 2022 < 1 min read Bed Bath & Beyond 0 Saving Bookmark this article Bookmarked
Operations & Supply Chain Bed Bath & Beyond replaces CEO as retailer’s sales plummet The home goods retailer has faced months of challenges, with supply chain woes and pressure from activist investor Ryan Cohen. CNBC June 29, 2022June 29, 2022 < 1 min read ExecutivesBed Bath & BeyondOperations & Supply ChainDept. Nonfood 0 Saving Bookmark this article Bookmarked
Corporate Strategy Bed Bath & Beyond Ousts CEO After Sales Plummet Bed Bath & Beyond has replaced its CEO, the retailer announced Wednesday (June 29) in the wake of another disappointing earnings report. Sue Gove, an independent director on the company’s board and chair of its strategy committee, has been named interim chief executive of the household furnishings provider, replacing Mark Tritton, who is stepping down […] Pymnts.com June 29, 2022June 29, 2022 2 min read ExecutivesBed Bath & BeyondBNPLTrends: FinanceResults & InvestmentDollar TreeDept. NonfoodBrick and MortarConsumersEconomyPress ReleaseMarketing: Loyalty & SubscriptionMarketing: SocialOperations & Supply ChainStrategy 0 Saving Bookmark this article Bookmarked 5
Data & Insights Home Goods Pure Play Winners and Losers Wayfair’s pandemic gains waning Wayfair remains the dominant pure player in the home category, with over two times the market share of its closest competitor, Bed Bath & Beyond. However, the retailer’s market share has dipped since the height of the pandemic, from over 30% in April 2020 to about 20% in April 2022.The online […] Yipitdata June 28, 2022June 28, 2022 2 min read Data & InsightsBig DataDept. NonfoodResults & InvestmentShoppersData VisualizationStore LocationMarketing: Loyalty & SubscriptionCOVID19Marketing: In StoreGovernmentConsumersBed Bath & Beyond 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Bed Bath & Beyond launches buy now, pay later option and rewards program The retailer’s tier-based program offers perks like free shipping for select members and flexible payments, and it replaces the existing Beyond+ program. RetailDive June 24, 2022June 24, 2022 < 1 min read Bed Bath & BeyondPricing & PromotionsDeliveryOperations & Supply Chain 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Bed Bath & Beyond Debuts New BNPL Option and Rewards Program Across All Three Brands Bed Bath & Beyond Inc. has introduced a new BNPL option, Welcome Pay, and an updated Welcome Rewards loyalty program, which will eventually replace the existing Beyond+ membership, across its Bed Bath & Beyond, buybuy BABY and Harmon brands. The launch of a common rewards program follows months of speculation that the retailer was considering […] Retail TouchPoints June 23, 2022June 23, 2022 2 min read Bed Bath & BeyondShoppersDeliveryBNPLTrends: FinanceOperations & Supply ChainExecutivesMarketing: In StorePricing & PromotionsMarketing: Loyalty & SubscriptionMarketing: SocialStreamingBrick and MortarHealth & WellnessESG and CSRDept. Natural / OrganicData & InsightsMarketing: Trade 0 Saving Bookmark this article Bookmarked
Media & Marketing Exclusive: New ‘Reverse Influencer Marketplace’ Demonstrates Shifting Brand-Creator Dynamic Influencer marketing platform Aspire has launched a new “reverse influencer marketplace” that puts creators in the driver’s seat, allowing them to reach out directly to brands and submit content for marketing campaigns. As the realm of influencer marketing evolves, creators are becoming much more sophisticated in their business practices and looking for ways to take […] Retail TouchPoints June 23, 2022June 23, 2022 3 min read Marketing: SocialPartnershipsExecutivesESG and CSRMarketing: UGCDept. OTCDept. Natural / OrganicBed Bath & BeyondAssociates 0 Saving Bookmark this article Bookmarked
Data & Insights A Deep Dive into Amazon’s Home Goods Performance Amazon continues to see YoY growth in GMV Amid an inflationary environment and furniture supply chain issues, many generalist retailers have been experiencing declining sales in the home goods category. Target, for example, announced it was discounting an abundance of current home inventory and forecasting for more limited growth in home earlier this month. However, […] Yipitdata June 23, 2022June 23, 2022 2 min read Big DataData & InsightsAmazonDept. PetDept. NonfoodTargetData VisualizationOperations & Supply ChainWalmartHome DepotResults & InvestmentSustainabilityBed Bath & BeyondAssociates 0 Saving Bookmark this article Bookmarked 5
Data & Insights A Tale of Two Retailers: Big Lots and HomeGoods’ retail market dominance Key Takeaways: Big Lots moved strategically to position itself as an “Essential Retailer” at the onset of the pandemic, allowing it to claim over 50% of market share. Big Lots changed its inventory to include more consumable items and therefore established itself as a place where shoppers can find both furniture as well as consumables […] Yipitdata June 21, 2022June 21, 2022 3 min read Big DataData & InsightsBig LotsResults & InvestmentCOVID19ShoppersOperations & Supply ChainBOPISEconomyDeliveryDept. NonfoodBrick and MortarInstacartStore LocationDept. GroceryMarketing: In StoreMarketing: TradePartnershipsPricing & PromotionsBed Bath & Beyond 0 Saving Bookmark this article Bookmarked
Channel: Grocery Kroger Reports First Quarter 2022 Results and Raises Full-Year Guidance "Kroger achieved strong first quarter results as we successfully executed on our strategy of Leading with Fresh and Accelerating with Digital. We are incredibly proud of our associates who continue to put the customer at the center of everything we do. Our team is doing an outstanding job managing costs in an inflationary environment, which is allowing us to continue to invest in our associates while providing our customers the freshest food at affordable prices when and where they need it. We are delivering everyday value through personalized experiences, trusted Our Brands products, data-driven promotions, and seamless e-commerce solutions. Looking ahead, we are well positioned to continue delivering for our customers, investing in our associates, and driving sustainable returns for shareholders." Kroger Press Releases June 16, 2022June 16, 2022 8 min read KrogerAssociatesHealth & WellnessResults & InvestmentDept. FreshCOVID19Dept. FuelSustainabilityPredictions and ForecastsDept. GroceryShoppersGovernmentEconomyOperations & Supply ChainStrategyPartnershipsExecutivesPhilanthropyReturnsConsumersOwned Brands (Private Label)Marketing: BrandDept. PharmacyDeliveryWeatherBrick and MortarData & InsightsTargetPress ReleaseCompetitionBig DataOcadoMarketing: Direct & PersonalizationMerchandisingHoliday & EventsMarketing: Loyalty & SubscriptionTechnology & InnovationUnileverBed Bath & BeyondTrends: ConsumerMarketing: TradeDept. PerimeterDept. Natural / OrganicESG and CSR 0 Saving Bookmark this article Bookmarked 5
Technology & Innovation Dollar General to Trial 100% Self-Checkout Stores at 200 Locations Discount variety chain Dollar General is looking to self-checkout as a way to “leverage and reinforce our position as a low-cost operator,” COO Jeff Owen told analysts on the company’s Q1 earnings call on May 26, 2022. Dollar General already has self-checkout kiosks in 8,000 of its 18,000 stores and plans to increase that number […] Retail TouchPoints June 12, 2022June 12, 2022 2 min read Tech: CashierlessDollar GeneralBrick and MortarShoppersStore FormatAssociatesResults & InvestmentTechnology & InnovationBig DataData & InsightsCircle KExecutivesOperations & Supply ChainAlimentation Couche-TardBed Bath & BeyondDept. NonfoodMerchandisingStrategy 0 Saving Bookmark this article Bookmarked
Shopper & Customer Top 10 Trends Driving Retail Growth There are a lot of people making a good living forecasting what’s going to happen in retail. Things like ecommerce will soon eclipse brick-and-mortar, retail is facing an apocalypse or delivery to home will become the norm in grocery shopping. None of these is true, but it doesn’t stop people from predicting them, and others […] Retail TouchPoints June 1, 2022June 1, 2022 4 min read ShoppersBrick and MortarHealth & WellnessTechnology & InnovationWalmartTargetDeliveryStore LocationConsumersMetaverseMarketing: In StoreStrategyBOPISTescoTech: AR and VRInstacartThick DataIndustry Conferences and EventsAmazonLowesMarketing: Direct & PersonalizationMarketing: SocialKrogerOperations & Supply ChainPricing & PromotionsTech: CashierlessTrends: RetailTrends: TechAldiDept. NonfoodDept. PetCVSBed Bath & BeyondDept. BeverageDept. Natural / OrganicAssociatesDept. Toys & GamesDoorDashExecutivesFood DeliveryGiant EagleGoogleCOVID19Albertsons / Safeway 0 Saving Bookmark this article Bookmarked
Owned Brands (Private Label) Bed Bath & Beyond launches new private label for the home Everhome, the retailer’s ninth owned brand launch, comes as consumers pull back on discretionary spending and demand for the home category declines. RetailDive May 31, 2022May 31, 2022 < 1 min read Owned Brands (Private Label)Bed Bath & BeyondConsumers 0 Saving Bookmark this article Bookmarked
Department & Category RICE 2022: Albertson’s Provides Sneak Peek at Plans for Upcoming Marketplace Third-party marketplaces have emerged as one of the biggest growth opportunities for retailers this year, with companies from Macy’s and Bed Bath & Beyond to Giant Food and Michaels launching marketplaces (or announcing plans to do so) in the last six months alone. Albertson’s will soon join that mix as well, and the company’s Senior […] Retail TouchPoints May 16, 2022May 16, 2022 5 min read Dept. GroceryShoppersConsumersPartnershipsAlbertsons / SafewayTechnology & InnovationData & InsightsOperations & Supply ChainDept. DairyStrategyAhold DelhaizeInclusivityPricing & PromotionsDept. HBCMarketing: TradeKrogerIndustry Conferences and EventsPredictions and ForecastsBrick and MortarMarketing: SocialHealth & WellnessAmazonDept. FuelBed Bath & BeyondTrends: Retail 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Bed Bath & Beyond talking with suitors for BuyBuy Baby: WSJ Just two months after Chewy founder Ryan Cohen took an activist stake in the retailer, it is at least entertaining one of his main objectives. RetailDive April 25, 2022April 25, 2022 < 1 min read Bed Bath & BeyondChewy 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Bed Bath & Beyond shoppers shopping less Retail Customer Experience April 19, 2022April 19, 2022 < 1 min read ShoppersBed Bath & Beyond 0 Saving Bookmark this article Bookmarked
Trends & External Forces SeraLabs garners distribution for its beauty and health lines LOS ANGELES — The SeraLabs Inc. announced distribution deals that are putting some of its innovative skin care products on the shelves of some of the nation’s largest retail chains. SeraLabs said its Seratopical Revolution skin care line will be sold at select Walmart stores, as well as CVS, and Bed Bath & Beyond stores. […] MMR April 14, 2022April 14, 2022 2 min read Dept. HBCOperations & Supply ChainHealth & WellnessDeliveryTechnology & InnovationBrick and MortarMerchandisingMarketing: BrandPackagingExecutivesConsumersAcquisitionDept. Natural / OrganicCVSDept. Adult BevBed Bath & BeyondMarketing: SocialPartnershipsResults & InvestmentTrends: Food and BeverageWalmart 0 Saving Bookmark this article Bookmarked
Data & Insights Department & Category Department: Beverage Department: Food ESG Agencies & Vendors Data & Insights Shopper & Customer Trends & External Forces Retail Operations Holiday & Events Merchandising Three Trends Driving Vitamins and Supplements Why Amazon, Attributes, and Label Claims Matter According to the Nutrition Business Journal’s Supplement Business Report, supplements showed staying power in 2021 even as shoppers returned to more traditional shopping behavior. The beginning of the pandemic spurred historic 14.5% growth in 2020, a rate that was destined to level off once the world moved away […] Written by Spins August 4, 2022August 4, 2022 Saving Bookmark this article Bookmarked
Channel: Mass Department & Category Department: Consumer Durables Department: HBC Corporate Strategy Partnerships & Alt Profit Media & Marketing Data & Insights Shopper & Customer Technology & Innovation Trends & External Forces Retail Operations Associates & Employees Merchandising Operations & Supply Chain Stores & Formats Reports: Walmart Reportedly Lays Off 200 Corporate Executives to Position Itself for the Future Walmart reportedly is laying off some corporate employees to “better position the company for a strong future,” according media reports. Walmart did not confirm the number of job cuts, but the layoffs will reportedly impact about 200 employees across the merchandising, global technology and real estate teams, people familiar with the matter told The Wall […] Written by Retail TouchPoints August 4, 2022August 4, 2022 Saving Bookmark this article Bookmarked
Trends & External Forces Trends & External Forces Associates & Employees Beyond Meat cuts revenue outlook, says it’s trimming workforce KEY POINTS Beyond Meat lowered its 2022 revenue forecast and announced it will trim its workforce by 4% The company cited inflation, rising interest rates and recession concerns for the revised outlook. The company’s net sales also dropped 1.6% to $147 million and its net loss widened. Vegetarian sausages from Beyond Meat Inc, the vegan burger maker, […] Written by CNBC August 4, 2022August 4, 2022 Saving Bookmark this article Bookmarked
ESG ESG Trends & External Forces Ahold Delhaize appoints first chief sustainability officer Dive Brief: Ahold Delhaize announced on Wednesday it has named Jan Ernst de Groot as its first chief sustainability officer. In the newly created role, de Groot will head up Ahold Delhaize’s Environmental Social Governance (ESG) work. De Groot will also retain his role as chief legal officer for the grocery company. Ahold Delhaize noted that de Groot has a “track record of leading transformative sustainability programs at companies and supervisory […] Written by Grocery Dive August 4, 2022August 4, 2022 Saving Bookmark this article Bookmarked
RetailWit QuickWit Your Daily QuickWit (8/4): Top Retail News Yesterday's top retail news and most read stories in commerce. Written by RetailWit August 4, 2022August 4, 2022 Saving Bookmark this article Bookmarked