#SmallBusiness This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Mattress maker Purple Innovation is closing two manufacturing sites in Salt Lake City and Grantsville, Utah, and consolidating operations...
Monday, August 26, 2024
Wednesday, December 14, 2022
Lovesac makes strides in sourcing outside of China
#SmallBusiness Dive Brief: Lovesac is making headway in moving more of production out of China as the furniture company looks to diversify its supply chain. CEO Shawn Nelson noted on a Q3 earnings call last Wednesday that China now makes up l...
Thursday, November 3, 2022
How Macy’s has managed to avoid inventory glut
#SmallBusiness This audio is auto-generated. Please let us know if you have feedback. In recent months, Macy's has become something of a retail marvel. As retailers across the market struggle to move stagnant products and strain to purge ...
Wednesday, October 12, 2022
Fast fashion giant Shein aims to cut emissions 25% by 2030
#SmallBusiness This audio is auto-generated. Please let us know if you have feedback. Online retailer Shein plans to cut emissions across its supply chain by 25% by 2030, the company announced in September. The targets are among the first...
Tuesday, October 11, 2022
Bed Bath & Beyond supplier ‘highly encouraged’ by retailer’s turnaround efforts
#SmallBusiness Helen of Troy is "highly encouraged" by Bed Bath & Beyond's efforts to turn around sales, Chief Executive Officer Julien Mininberg said on a Q2 earnings call last week. The seller of brands including OXO, Vicks and Hydro Flask h...
Monday, September 12, 2022
Best Buy bucks the glut trend, boasting healthy inventory
#SmallBusiness While other retailers complain of bloated shelves, Best Buy is seeing its inventory levels fall back to pre-pandemic trends, CEO Corie Barry said on a Q2 earnings call. The electronics retailer saw a 6% year-over-year dip in inve...