Despite the arrival of the vaccine, we expect the first half of 2021 to reflect a continuation of 2020’s acceleration toward digital and omnichannel as most shoppers remain at home.
Bed Bath & Beyond’s third-quarter sales fell 5% in as the chain continued to close stores and sell off non-core assets as part of its turnaround strategy.
LVMH Moët Hennessy Louis Vuitton has completed its $15.8 billion acquisition of Tiffany & Co. and named a new leadership team to accelerate the growth of the iconic U.S. jeweler.