KHD Buzz – Report Predicts Growth For Home Decor and Beauty, Retail Workers Fear Maskless Consumers and More

KHD Buzz – Report Predicts Growth For Home Decor and Beauty, Retail Workers Fear Maskless Consumers and More

April 5, 2021 Off By Koehler Home Decor

Wells Fargo Report: Home Decor, Beauty Niches Will Continue to See Increased Sales in 2021

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The past year’s enthusiasm around home goods and athleisure apparel will linger according to a new report from Wells Fargo. Though they may be returning to the office and otherwise getting out, people don’t appear to be finished fixing up — or lounging around — their homes. Read More.

GameStop Continues Online Growth Push by Adding Ex Amazon Exec as ‘Chief Growth Officer’

Shares of GameStop Corp. rose after the company named Elliott Wilke as chief growth officer, the latest in a series of senior executive appointments made by activist investor and board member Ryan Cohen as part of a corporate overhaul that will see the game retailer attempt to increase its share of the digital gaming market. Read More

Retail Workers Afraid For Their Safety As Mask Mandates Are Lifted

Retail workers advocates say the mask mandate repeals are yet another example of how little protection and appreciation many people working in retail, particularly in grocery stores and big-box stores, have received during the pandemic. Read More

Amazon CEO Wants Workers Back in the Office

While other large corporations, including Google and Microsoft, are committed to allowing employees to continue to work remotely for the foreseeable future new Amazon CEO Andy Jassy, who will take over from Jeff Bezos sometime later this year, wants Amazon employees back in the office sooner rather than later, a move that has drawn criticism and praise. Read More

ThredUp Headed to IPO with $1.3 Billion Valuation

ThredUp, which bills itself as the world’s largest online thrift store is following Poshmark’s lead and heading for an IPO, with a valuation of $1.3 billion. ThredUp, which sells women’s and children’s clothing, made $186 million in revenue last year, up 14% from the year before, thanks in large part to increased consumer interest in more affordable clothing options. Read More

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