Retail

Retail Scorecard: Small Appliances for Black Friday

Walmart

NEW YORK-Editor’s Note: Each Monday, HFN will publish the Housewares Retail Scorecard, a weekly tracker of retail advertising in key categories. This week’s Housewares Retail Scorecard focuses on Black Friday deals for small appliances. Walmart continued advertising its Black Friday deals, which include Black & Decker’s griddle and 12-cup programmable coffeemaker, both offered at $9.77;More »

Last updated: December 1, 2014

HSNi Tabs Kuster to Lead Cornerstone

Jeffrey Kuster

ST. PETERSBURG, Fla.-Jeffrey Kuster has been named president of Cornerstone Brands and executive officer of HSNi, Cornerstone’s parent company. The move puts Kuster in charge of Cornerstone’s portfolio of brands, including Frontgate, Ballard Designs, Garnet Hill, Grandin Road, Chasing Fireflies, Improvements and TravelSmith. He is responsible for the portfolio’s strategic vision, growth strategies and digitalMore »

Last updated: December 1, 2014

Walmart Realigns U.S. Merchandising

Greg Foran

BENTONVILLE, Ark.-In the wake of the departure of Duncan Mac Naughton, former Walmart U.S. chief merchandising officer, Walmart U.S. is revamping its merchandising organization, according to a memo obtained by HFN. In the memo, Greg Foran, Walmart U.S.’ president and CEO, said, “Duncan’s departure has allowed me to relook at our merchandising structure and theMore »

Last updated: November 26, 2014

Consumer Confidence Falls in November

Conference Board

NEW YORK-A more pessimistic view of the economy down the road was responsible for shaving 5.4 points off the monthly consumer confidence index, according to The Conference Board, which provides the monthly indicator. The index now stands at 88.7, down from 94.1 in October. Looking at the two component indexes, the expectation index took aMore »

Last updated: November 26, 2014

Reports: Chief Merchant Mac Naughton to Leave Walmart

Duncan Mac Naughton

BENTONVILLE, Ark.-Duncan Mac Naughton, Walmart U.S.’ chief merchandising officer, is leaving the company, according to reports from the Wall Street Journal and Reuters. The retailer had not replied to a request for comment by HFN as of this morning. Mac Naughton joined Walmart in 2009 as chief merchandising officer for Walmart Canada. In 2010, heMore »

Last updated: November 25, 2014

Barclays: Good Outlook for Holiday Spending

BARCLAYS CAPITAL

NEW YORK-All of the signs for a stronger holiday shopping season than last year are in place, according to retail analysts with Barclays Capital. In a meeting yesterday with reporters, the analysts provided their takes on the factors that will play into holiday shopping traffic this year. Research material provided at the meeting showed thatMore »

Last updated: November 25, 2014

RH Marches Into Atlanta

RH head Gary Friedman

ATLANTA–It’s the largest, most complete and outright clearest definition of what RH–the retailer formerly known as Restoration Hardware–stands for, and it’s now open for business. Last Friday, RH opened the doors–all 119 of them–to its latest Gallery location, in the upscale Buckhead section of Atlanta, with a six-story, 70,000-square-feet store that looks as much likeMore »

Last updated: November 24, 2014

Evans Tabbed to Head Gordmans Merchandising

Lisa Evans

OMAHA, Neb.-Gordmans Stores has named Lisa Evans executive vice president and chief merchandising officer, effective Jan. 5. When Evans begins her new role, she will assume charge over all merchandising operations for the specialty retailer. She will report to Andy Hall, Gordmans’ president and CEO. She will succeed Michael Morand, who resigned as chief merchandisingMore »

Last updated: November 24, 2014