KPMG: Retail executives’ top challenges, priorities for 2023 are …Retail executives are worried about higher costs. Parent company of makeup brand Morphe to be acquired; files for Chapter 11Forma Brands, the parent company of Morphe, Morphe 2 and Lipstick Queen, has agreed to be acquired in a deal that it said will position it for long-term growth. More than half of U.S. households order groceries online in December Online grocery retailers ended the year strong with $9.1 billion in total sales in December 2022, up 2.4% year-over-year. CVS Health invests in primary care provider; reportedly mulls $10 billion deal CVS Health Corp. continues to expand its footprint into a full-service health care company. Rite Aid enables in-store cash bill payment Rite Aid Corp. is launching a new financial service for customers at its stores. Adobe: Online prices fall for fourth straight month in December Holiday discounting produced a year-over-year decline in overall U.S. online prices during December 2022. Bed Bath & Beyond’s Q3 loss widens, comp sales plunge as bankruptcy looms Bed Bath & Beyond reported a wider-than-expected third-quarter loss and said it is exploring all exploring strategic alternatives. American Eagle Outfitters had second-best holiday season in its history American Eagle Outfitters is feeling positive about its fourth quarter even amid a slight dip from last year. Salesforce: Online holiday spending rises 5%; returns up 63% Soft November online sales were offset by Cyber Weeek discounting and buy online, pick up in store (BOPIS) offerings, according to new Salesforce data. Macy’s warns of light holiday sales; consumer to be ‘pressured’ in 2023 Macy’s Inc. said its holiday sales will come in at the low end or middle of its guidance and struck a cautious note with regards to 2023. First Previous 101 102 103 104 105 Next Last
