article thumbnail

Overstock Looks to Drive Loyalty with New Co-Branded Credit Card

Retail TouchPoints

Online furniture and home furnishings retailer Overstock has partnered with Citi Retail Services to offer customers digital-first benefits and rewards through a co-branded Overstock Mastercard. “As The Overstock Mastercard comes with no annual fee and offers special financing options for up to 60 monthson qualifying purchases.

article thumbnail

Bed Bath & Beyond CEO Johnson Steps Down

Retail TouchPoints

Jonathan Johnson, CEO of the home furnishings retailer formerly known as Overstock.com , which operates as Bed Bath & Beyond , will step down from his post as well as the company’s board of directors, effective immediately. Beyond, Inc.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Macy’s Names Gennette’s Successor as CEO Plans 2024 Retirement

Retail TouchPoints

Mitchell will lead the stores, technology and supply chain teams in addition to his current real estate and finance responsibilities. Prior to joining Macy’s, Mitchell advised retailers as a Managing Director and Partner at Boston Consulting Group and was CEO of home furnishings retailer Arhaus LLC.

Planning 243
article thumbnail

Kohl’s, Franchise Group Enter Exclusive Negotiation Period at $8 Billion Purchase Price

Retail TouchPoints

The exclusive period was set to allow Franchise Group and its financing partners to finalize their due diligence and financing arrangements before the parties enter into a binding agreement. Franchise Group has offered to acquire the retailer for $60 per share , which would value the company at approximately $8 billion.

article thumbnail

Julian Charles’s children’s bedding range raises money for Alder Hey Children’s Charity

Retail Times

Julian Charles home furnishings has launched a new children’s bedding collection to raise money for Alder Hey Children’s Charity, including a range named in memory of the daughter of its finance director.

article thumbnail

Macy’s Names Permanent CFO

Retail TouchPoints

Mitchell will take on responsibility for leading all finance functions and will report to Macy’s Inc. Macy’s has appointed Adrian Mitchell as its new CFO, effective Nov. Chairman and CEO Jeff Gennette. Felicia Williams, who has served as interim CFO since June 2020, will join CEO Action for Diversity & Inclusion as a Macy’s Inc.

article thumbnail

2024 Industry Trend Guide

Storis

So, buckle up, home furnishings retailers; we’re ready to accelerate. The State of the Home Furnishings Industry With abundant opportunity, let’s explore how market and consumer behavior position retailers for success. These positive indicators can support a successful year for home furnishings retail.