BLOG POSTS BY THIS AUTHOR
Jan 2021
Jan 21
Converting Former Big-Box Stores to Warehouse Space: Challenges, Opportunities
As e-commerce has accelerated, so had the demand for warehouse space. According to a report from CBRE, nearly 14 million square feet of big-box retail space in the U.S. has been converted to industrial space.
ARTICLES BY THIS AUTHOR
May 2022
May 16
Schlotzsky's debuts new prototype with no indoor seating
Schlotzsky's has opened a format dedicated entirely to off-premise access.
May 16
Warby Parker on track to open 40 stores this year; takes Omicron hit
Warby Parker continues to expand its brick-and-mortar presence.
May 16
Walmart pilots program for college grads to become store managers — with big salary
Walmart is looking to jump-start the careers of college graduates — at Walmart.
May 16
Starbucks to cover employees’ travel expenses for abortions; gender surgeries
Starbucks Corp. is once again plunging itself into the national debate on a controversial issue.
May 16
REI names its first-ever chief supply chain officer
REI Co-op has expanded its senior leadership team.
May 16
Exclusive: Paris Baguette chief development officer talks expansion
A bakery/café that was founded in 1988 in South Korea, where it operates some 3,600 locations, is ramping up expansion in the United States.
May 16
McDonald’s leaving Russia — for good; to take $1.2 to $1.4 billion write-off
The golden arches are coming down in Russia.
May 13
First Look: RH goes for the gold in historic San Francisco site
Following a six-year renovation, RH has opened one of its most elegant locations to date.
May 13
Anthropologie sets up shop — at the Jersey shore
Anthropologie is beaching it for the summer.
May 13
Consumer sentiment falls to lowest level in 10 years amid higher prices
That didn’t last very long.
May 13
Belk CEO leaving after less than a year; interim chief named
There’s a new leader in charge of Belk — at least for the time being.
May 13
Whole Foods Market expanding in NYC
Whole Foods Market continues to expand in the Big Apple — and in cities in general.
May 13
Crate & Barrel promotes three execs; adds new metaverse position
Crate & Barrel Holdings has promoted three executives to drive its future growth.
May 13
Nordstrom to pop-up in the Hamptons
Nordstrom is taking its service-focused, inventory-free store format to a popular summer destination in New York.
May 12
Dollar Tree hires two Dollar General veterans
Dollar Tree has made two big additions to its executive leadership team.
May 12
Mango opens NYC flagship; details U.S. expansion through 2024
Mango is accelerating its U.S. expansion, starting with a Big Apple flagship.
May 12
Coach parent delivers strong Q3 fueled by strong demand in North America
Tapestry’s momentum continued in the third quarter even amid a COVID-related showdown in China, one of its key markets.
May 12
South American retailer buying majority stake in The Fresh Market for $675 million
The Fresh Market Holdings is being acquired in a deal that marks its new owner’s entry into the U.S. market.
May 12
Canadian retailer Showcase to open 27 U.S. stores by end of summer
A specialty retailer and product developer that bills itself as “Home of the Hottest Trends” is expanding its U.S. footprint.
May 11
Big defeat for Kohl’s activist investor
Kohl’s has successfully fought off activist investor Macellum Capital Management’s bid to take control of the department store retailer’s board.
May 11
Former HSN, DSW exec to lead marketing at J.C. Penney
J.C. Penney has added a veteran retail marketer to its C-suite.
May 11
Best Buy to double outlet store count; four upcoming locations announced
Best Buy is going after shoppers looking for a bargain.
May 11
Report: Eddie Bauer CEO to leave
The chief executive of Eddie Bauer is stepping down one year after the company was acquired.
May 11
Union drive hits Target
Workers at a Target store in Western Virginia have joined the union organizing wave.
May 10
Carl’s, Hardee’s parent investing $500 million in physical, digital transformations
CKE Restaurants Holdings is investing in a “fresh start.”
May 10
ThredUp loss widens even as revenue increases
A big jump in revenue and customer engagement didn’t help ThredUp’s bottom line in the first quarter.
May 10
Water lifestyle brand launching aggressive store expansion
Bote is looking to make a splash in brick-and-mortar.
May 10
Former Inspire Brands exec joins Adaptive Construction Management
Merrill Johnson has been named president of Adaptive Construction Management.
May 10
DSW debuts store of the future design
DSW is reimagining its store design with a new, smaller-size concept that puts the spotlight on its owned brands.
May 10
Walmart offers mental health training to employees
Walmart is recognizing Mental Health Awareness Month in May with a new employee initiative.
May 10
Target in new media initiative to help Black businesses
Target Corp. is extending its efforts to use its scale and resources to create economic opportunity for Black-owned businesses at the company and beyond.
May 10
Ikea to invest about $3.15 billion in new, existing stores
Ingka Group, the largest Ikea retailer, is making a big investment in brick-and-mortar.
May 09
Study: Here’s how inflation is changing consumers’ shopping habits
Rising prices are causing most consumers to look for less expensive ways to shop.
May 09
NPD: General merchandise unit sales down in April
Consumers’ willingness to spend is not as strong as it was a year ago.
May 09
Female-founded retail brands to open at spring/summer pop-up
Boston Seaport’s retail incubator and pop-up village will celebrate nine female-owned brands this spring and summer.
May 09
Online grocery sales drop in April as cost concerns outweigh COVID
Consumers are doing less grocery shopping online.
May 09
Party City loss widens amid elevated costs; ‘headwinds’ to continue
Party City Holdco Inc. reported a bigger-than-expected first-quarter loss as supply chain and inflationary challenges took a bite out of its bottom line.
May 06
Best Buy expands into new categories — including beauty
Best Buy continues to broaden its assortment of products with items that take it into new categories.
May 06
Target offers in-store finger nail painting — by a robot
Target Corp. is testing a new type of beauty service.
May 06
Meijer diverts 1 million-plus pounds of store waste — here’s how
Meijer is diverting waste with the help of its customers.
May 06
Shopify makes $2.1 billion logistics acquisition
Shopify has made the largest acquisition in its history.
May 06
Four retailers among top 50 companies for diversity in new ranking
Two discounters and two pharmacy chains are tops when it comes to diversity, equity and inclusion commitments.
May 06
First Look: Sweetgreen to open digital-only pickup format
Sweetgreen is set to unveil a location where customers can’t buy anything on-site.
May 06
Retailers import record amount of goods
Imports at the nation’s major retail container ports set a new record this spring and are expected to see near-record volume this month.
May 06
Under Armour swings to loss amid supply chain challenges
Under Armour posted an unexpected first-quarter loss and disappointing sales as it warned of a rough year ahead.
May 05
Mastercard: April sales remain steady amid strong brick-and-mortar growth
In-store sales continued their rebound in April even as consumers purchased less online.
May 05
Shipley Do-Nuts chain ramps up expansion
Shipley Do-Nuts has signed agreements to open 30 locations in Georgia.
May 05
Study: Consumers prefer shopping in-store
More than half of all U.S. consumers would rather shop in-store than by any other method.
May 05
Walgreens in $638 million opioid settlement with Florida
Walgreens has reached a settlement with the state of Florida to resolve claims related to the distribution and dispensing of prescription opioid medications.
May 05
Wayfair swings to loss as sales fall 14%; CFO to leave
Wayfair reported a larger-than-expected first-quarter loss as consumer spending on home goods edged downward.
May 05
Rihanna’s SavageXFenty brand opening more stores — here’s where
Pop superstar and fashion and beauty mogul Rihanna is expanding the store footprint of her billion-dollar men’s and women’s lingerie and innerwear brand.
May 05
Bath & Body Works CEO leaving in May
The chief executive of Bath & Body Works will step down on May 12.
May 04
Starbucks investing $1 billion in new wage hikes, training, store innovation
Starbucks Corp. reported second-quarter sales that topped estimates and announced several new initiatives as it looks to deter a spreading union push.
May 04
Office Depot parent company closer to decision on sale; Q1 retail sales fall
The ODP Corp. reported mixed first-quarter sales as its retail division sagged amid fewer stores.
May 04
CVS Health Q1 tops Street; raises forecast
CVS Health reported a strong first quarter as retail traffic maintained momentum despite slowing Covid testing and vaccinations.
May 04
Placer.ai: Lidl, Aldi and Grocery Outlet seizing opportunity
Discount grocery chains are stepping up their expansion as grocery prices rise and shoppers consider new ways to cut down on costs.
May 04
Former Calvin Klein, Walmart execs joins Walgreens c-suite
Walgreens has appointed Linh Peters as senior VP and chief marketing officer.
May 03
Macy’s expanded partnership with Reebok to include exclusive product
Macy’s is broadening its partnership with Reebok to include a wider range of merchandise.
May 03
New type of kids’ play, learning experience to open NYC flagship
Genius Gems is coming to the Big Apple.
May 03
Leadership shakeup at Torrid as new CEO takes reins
A retail veteran has been tapped as the new chief executive of Torrid Holdings Inc.
May 03
Old Navy tops lists of consumers’ favorite ‘fitting’ brands
U.S. retailers took four of the five top spots in a global survey of the best-fitting brands.
May 03
Check out Whole Foods Market’s new skyscraper store
Whole Foods Market has unveiled its new Chicago location.
May 03
Home Depot launches venture capital fund
The Home Depot is on the lookout for emerging technologies.
May 03
NRF: Economy will ‘continue bustling’ forward even amid risks
Consumers are likely to keep on shopping as lower inflation eases uncertainty.
May 02
Victory for Amazon as workers reject union
The fledgling union effort at Amazon was dealt a setback on Monday.
May 02
Kohl’s makes its rewards program even more lucrative
Kohl’s Corp. is adding a new benefit for members of its rewards program that use their Kohl’s credit card.
May 02
First Look: H-E-B store includes several firsts, including two-level eatery
H-E-B has made a serious commitment to home goods in its newest location.
May 02
L.L. Bean temporarily leaves social media — here’s why
L.L. Bean is taking a break and going back to where it all started: the outdoors.
May 02
Couche-Tarde, EG Group reportedly talking merger
Canadian retailer Alimentation Couche-Tard Inc. and the UK’s EG Group may be thinking of combining forces.
May 02
The biggest markets for rental growth are…
Retail’s journey from underdog to a favored asset class has continued into the second quarter of 2022.
May 02
At Home expands store footprint
At Home’s national expansion continues — including in New York City.
May 02
Publix Q1 sales up 13.5%; in stock split
Publix kept up its sales momentum in the first quarter.
Apr 2022
Apr 29
First Look: Academy Sports + Outdoors opens its first store in two years
Academy Sports + Outdoors has restarted its expansion.
Apr 29
Walmart launches fashion-forward activewear line with fashion, fitness couple
Walmart continues to broaden its exclusive brand offerings and fashion credentials.
Apr 29
Victoria’s Secret takes its beauty business to Amazon
Victoria’s Secret & Co. has entered into its first major wholesale deal with another retailer.
Apr 29
More Kohl’s drama: Activist investor gets partial support
The battle for control of Kohl’s board continues to heat up — on both sides.
Apr 29
BJ’s Wholesale sets opening date for new concept
BJ’s Wholesale Club is going smaller — by almost half.
Apr 28
Consumer confidence fell slightly in April; inflation concerns down
U.S. consumer confidence fell slightly in April as consumers remained optimistic about the future even amid inflation, high gas prices and the war in Ukraine.
Apr 28
Amazon Q1 earnings take big hit; sales outlook disappoints
Amazon reported a first-quarter loss of nearly $4 billion after being hit with a $7.6 billion loss on its investment in electric vehicle company Rivian.
Apr 28
DTC hair color brand Madison Reed to expand retail store footprint
Madison Reed is growing its direct-to-consumer business, including its physical store portfolio.
Apr 28
Aldi to eliminate all plastic bags from stores
Aldi is expanding its elimination of plastic bags across all its stores.
Apr 27
Coach parent company taps CVS Health vet for C-suite role
Tapestry has expanded its leadership team with a newly created role.
Apr 27
Chipotle delivers strong Q1; committed to store growth
Chipotle Mexican Grill reported first-quarter earnings and sales that topped Street estimates despite challenges from inflation and the Omicron variant.
Apr 27
Freddy’s signs 64 new restaurant commitments
Freddy’s Frozen Custard & Steakburgers continues on the fast track for expansion.
Apr 27
Shoppers won’t give retailers a second chance after this…
A poor delivery experience can ruin a brand in the eyes of some consumers.
Apr 27
CBRE teams with Microsoft for FM solutions for large retailers
CBRE has entered into a facilities management partnership with Microsoft.
Apr 26
Survey: Free, two-day shipping already table stakes for brands
Standard shipping windows of three to five days are no longer enough to satisfy consumers’ high expectations.
Apr 26
Wedding spending set to soar amid ‘sequel’ events
Weddings are making a big comeback this year.
Apr 26
Walmart launches new collection with TV personalities
Walmart is moving outdoors for its latest designer collaboration in the home category.
Apr 26
Wegmans entering new market
Wegmans Food Markets is expanding its New York footprint by moving into a new region.
Apr 26
Check out Target’s new vision for HQ work
Target is revamping its spaces as its transitions to hybrid work at its headquarters buildings.
Apr 25
Amazon’s futuristic — and green — HQ tower approved
Amazon was given the green light to construct a unique, helix-shaped office building at its emerging second headquarters in Northern Virginia.
Apr 25
Third Love buys cult-fave intimates brand
ThirdLove has made its first acquisition as it builds a foundation for expansion.
Apr 25
First Look: Check out Facebook’s first physical store
The company formerly known as Facebook wants to engage with customers about its metaverse hardware in the physical world.
Apr 25
Report: Simon, Brookfield offer to buy Kohl’s for $8.6 billion
The owners of J.C. Penney have reportedly made a bid for one of its biggest rivals — with cost-cutting plans.
Apr 22
Walmart opens three million-sq.-ft. import distribution center
Walmart continues to expand its supply chain network.
Apr 22
Amazon is world’s largest corporate buyer of renewable energy
Amazon continues to make progress on its goal of powering 100% of its operations with renewable energy by 2025—five years ahead of the original target of 2030.
Apr 22
Uniqlo rewards select purchases with donation
Uniqlo has added a new feature that encourages customers to “shop thoughtfully.”
Apr 22
Bergdorf Goodman gets eco-friendly makeover with new chillers
Neiman Marcus Group is working toward reducing greenhouse gas emissions and transitioning to 100% renewable energy by 2030.
Apr 22
In a first for Apple, store workers file for union election
Apple is facing its first union election.
Apr 22
Simon Property, Brookfield reportedly interested in bidding for Kohl’s
Add two high-profile players to the lineup of parties reportedly interested in Kohl’s Co.
Apr 21
Mother’s Day spending poised for another record year
For the second consecutive year, Mother’s Day spending is expected to reach a new high.
Apr 21
CEO out at Old Navy as Gap Inc. cuts sales guidance
Gap Inc. has made a big change at the top of one of its brands.
Apr 21
Here’s where consumers are cutting back the most — and the least
High inflation and the ongoing effects of the pandemic are causing consumers to make cuts in discretionary spending, but not all categories are feeling the pinch.
Apr 21
Chico’s marketing exec joins Altar’d State
Altar’d State has made some updates in its leadership team across its brands.
Apr 21
Tractor Supply targets 75 to 80 new stores in 2022 as Q1 starts strong
Tractor Supply reported first-quarter earnings and sales that topped analysts estimates.
Apr 21
‘Most interesting store’ in the world opening more locations
A retail store concept designed to showcase emerging brands is expanding its footprint.
Apr 21
Rite Aid says takeover offer ‘not credible’
Rite Aid Corp. has closed the door on a takeover bid.
Apr 20
Victoria’s Secret launches digital-only tween brand
The transformation of Victoria's Secret & Co. continues as it enters a new market — and heads for the metaverse.
Apr 20
TJX Cos. sets net zero emissions target
The TJX Companies is accelerating its environmental goals as part its ongoing environmental sustainability strategy.
Apr 20
Exclusive: Shanghai lockdowns to affect all U.S. ports
The COVID-19-related lockdowns in Shanghai are beginning to ease, but their impact on U.S. ports is just beginning.
Apr 20
Guess partners with non-profit on national in-store recycling program
Guess has launched in-store recycling program in partnership with a mission-driven business.
Apr 20
Wawa 'actively looking' for sites as it plots store expansion in Southeast
Wawa is spreading its wings southward.
Apr 20
Lululemon aims to double revenue by 2026; launching two-tier monthly memberships
Lululemon Athletica is thinking big as it looks to build on the momentum it gained throughout the pandemic.
Apr 19
Popeyes to open 200-plus restaurants in U.S., Canada in 2022
Popeyes is celebrating its 50th birthday by continuing its rapid expansion across North America and rolling out tech innovations.
Apr 19
Walmart Canada opens sustainable — and vertical — distribution center
Walmart Canada unveiled its most advanced distribution center to date, one with leading-edge technology features and a focus on sustainability.
Apr 19
Chipotle launches $50 million venture fund to foster innovation
Chipotle Mexican Grill is hoping to revolutionize the restaurant industry.
Apr 19
Apple faces union push at NYC store; goal is minimum $30 per hour for all workers
Another high-profile retailer is facing a union organizing effort.
Apr 19
Graduation events set for comeback, says Party City
Seventy percent of consumers are planning to participate in or attend in-person graduation ceremonies.
Apr 18
Foot Locker’s Champs Sports unveils new store concept
Champs Sports is betting on experiences to help drive sales.
Apr 18
Lids entering new international market
Lids is expanding south of the border as part of its plan to expand its international presence going forward.
Apr 18
Jewelry retailer Kendra Scott making Mother’s Day a corporate holiday
Kendra Scott is adding a new company-wide paid holiday to its roster.
Apr 18
Lawmakers say higher credit card swipe fees would add to inflation
The National Retail Federation on Monday called on Visa and Mastercard to cancel credit card swipe fee increases that are scheduled to take effect this month.
Apr 18
Wegmans to phase-out plastic bags chainwide by end of 2022
Following successful pilots, single-use plastic grocery bags will soon be a thing of the past at all Wegmans Food Markets stores.
Apr 15
Survey: Returns cost online retailers 21% of order value
Retailers are eating into retailer costs.
Apr 15
Benjamin Moore ranked as best paint retailer
Benjamin Moore took top honors in two categories in the J.D. Power 2022 U.S. Paint Satisfaction Study.
Apr 15
Uniqlo to ramp up store expansion in North America
Japan’s Fast Retailing Co. is looking to expand its footprint more aggressively in North America.
Apr 15
Lands’ End does deeper dive with video-commerce giant QVC
Lands’ End is expanding its distribution via third parties.
Apr 14
Starbucks reportedly considering increased benefits for non-union workers
Starbucks Corp. may be going on the offensive when it comes to discouraging its store employees from unionizing.
Apr 14
Amazon CEO Jassy touts growth in his first-ever shareholder letter
Andy Jassy has published his first annual shareholder letter as CEO of Amazon.
Apr 14
Overall retail sales inch up in March amid inflation; online takes hit
Consumers kept spending in March despite record-level inflation, supply chain issues and geopolitical unrest.
Apr 14
Spirit Halloween gets the star treatment with its own movie
An iconic seasonal retail store is the setting for a new movie.
Apr 14
Rite Aid to close 145 stores; pharmacy sales fuel strong Q4 sales
Rite Aid reported mixed fourth-quarter results as charges widened its loss, but revenue topped expectations, driven by strong prescription growth.
Apr 14
Consumers more upbeat in April amid strong job market
U.S. consumer sentiment unexpected rose in early April, hitting a three-month high.
Apr 13
Convenience store sales at pre-pandemic levels; turnover highest since 2012
In-store convenience-stores sales reach a record high in 2021, although headwinds in labor and turnover continue.
Apr 13
The Knot Worldwide expands leadership team with Uber marketing exec
With weddings around the globe expected to hit an all-time high this year, The Knot Worldwide has made an important new hire.
Apr 13
Low inventory takes big bite out of Bed Bath & Beyond Q4 earnings, sales
Bed Bath & Beyond swung to a surprise fourth-quarter loss amid supply chain bottlenecks that led to inventory challenges during the crucial holiday period.
Apr 13
Placer.ai: Retail winners of Q1 include Home Depot, Starbucks, Dollar General
Rising gas prices, Omicron and ongoing supply chain and labor challenges made for tough going for some — but not all — retailers in the first quarter of 2022.
Apr 12
Albertsons finishes year strong as consumers return to stores; review ongoing
Albertsons Cos. turned in a strong fourth-quarter performance even as its digital growth slowed amid a rebound in store traffic.
Apr 12
Nathan's Famous to pilot tech that incentivizes people to visit its restaurants
Nathan’s Famous is testing technology to help fill its restaurants during slow times.
Apr 12
Luxury DTC bed and bath brand Brooklinen to grow store fleet
Brooklinen is growing its brand on a number of fronts.
Apr 12
The top three inflation ‘pain points’ for consumers are ...
A new study sheds light on inflation’s impact on consumer spending.
Apr 12
Saks owner takes majority stake in flex office company Convene
Hudson’s Bay Company has made a multi-million bet that the future of in-person work environments lies in flex or coworking spaces.
Apr 12
Lululemon rolling out trade-in, resale nationwide
Lululemon Athletica is taking its pilot trade-in and resale program nationwide as part of its sustainability commitment and as the nation grapples with rising prices.
Apr 11
Kohl’s touts ‘highly qualified’ board of directors in new letter to shareholders
The war of words between Kohl’s Corp. and activist investor Macellum Advisors continues as the retailer promotes its board.
Apr 11
Survey: Consumers’ biggest concern is inflation; focused on basic needs
Overall consumer sentiment remains weak.
Apr 11
Lowe’s CFO leaving to head up finance at Pfizer; names replacement
Lowe's Companies has tapped a company veteran as its next CFO.
Apr 11
Walgreens expands partnership with Alto US to reduce crime
Walgreens is focusing on crime prevention as it looks to reduce theft in its stores.
Apr 11
The seven retailers on “100 Best Companies to Work For” list are …
A family-owned grocer cracked the top five on Fortune’s 25th annual “100 Best Companies to Work For” list.
Apr 11
Smart & Final exec joins c-suite at National Vision Holdings
National Vision Holdings has appointed a chief marketing officer.
Apr 08
Scotch & Soda accelerates store growth
Scotch & Soda growing its store network — in the U.S. and abroad.
Apr 08
Retail bankruptcies to remain low in first half of 2022 as long as …
The slowdown of retail bankruptcy filings that begin in the first half of 2021 is expected to continue.
Apr 08
DSW parent to focus on owned brands to drive growth, raises full-year outlook
Designer Brands Inc. plans to double down on sales on its owned brands.
Apr 08
2021 saw lower bankruptcies, better performance for retailers
The retail industry had a lot to cheer about in 2021.
Apr 08
Experiential retailer Camp does Disney
Camp, which describes itself as a family experience company, is collaborating with a company that knows more than a little bit about family entertainment.
Apr 07
Walgreens partners with Blue Shield to expand in-store health care services
Walgreens is expanding its health care offerings in select stores in California.
Apr 07
Mattress Firm expands executive team with marketing vet
The nation's largest mattress specialty retailer said that Mickey Mericle has joined the company as chief marketing and experience officer.
Apr 07
Costco sales soar in March
Costco Wholesale Corp. delivered strong results in March as customers flocked to its stores despite inflation pressures.
Apr 07
Eddie Bauer partners with travel/tech start-up Cabana for adventure rentals
Eddie Bauer is giving consumers a new way to explore the Pacific Northwest.
Apr 07
Mastercard SpendingPulse: March sales increase 8.4%; in-store sales rebound
Consumer spending on services is making a comeback. So are in-store sales.
Apr 07
Ports see brief slowdown but it might not last
The nation’s major retail container ports have begun to catch up with the backlog of cargo seen during the past several months.
Apr 07
Freddy’s expansion on track; looks to double footprint
Freddy’s Frozen Custard & Steakburgers has maintained its strong growth momentum in the first quarter of the new year.
Apr 06
LinkedIn names Amazon as the No. 1 company for professional career development
A retail giant is the most desirable workplace in the U.S. for the second year in a row.
Apr 06
Teens spending rises; fave brands are …
The nation’s teenagers aren’t letting their increased concerns about economic uncertainty and the war in Ukraine put a damper on their spending.
Apr 06
First Look: It’Sugar goes big in Chicago
The Disney Store in Chicago has made way for a colorful — and massive— candy “department store.”
Apr 06
Dollar Tree moves to strengthen stockholder rights
Dollar Tree Inc. has announced a series of new corporate governance guidelines that include an updated policy on director overboarding.
Apr 06
Tropical Smoothie Cafe starts year strong with new store openings
Tropical Smoothie Cafe continued its 2021 expansion momentum into the first quarter of 2022.
Apr 06
Apparel industry veteran joins Marquee Brands leadership team
Marquee Brands is expanding its senior leadership team with its first chief commercial, strategy officer.
Apr 06
Zappos names permanent CEO
A 14-year company veteran has taken the helm of Zappos.com on a permanent basis.
Apr 05
Farfetch takes stake in Neiman Marcus Group to fuel online growth
Neiman Marcus Group is looking to accelerate its online growth via a partnership.
Apr 05
Red Lobster on the hunt for a new CEO
The chief executive of Red Lobster is leaving after less than a year on the job.
Apr 05
First Look: Check out Target’s new Times Square store
Target Corp. has opened a location on one of the busiest blocks in New York City.
Apr 05
Malls see a big rebound in foot traffic in March
March was a step in the right direction with regard to foot traffic in the nation’s malls.
Apr 05
Walmart Health expands into new market
Walmart is expanding its freestanding health care concept.
Apr 04
Amazon, NRF react to Staten Island union vote
Amazon has issued a statement regarding the outcome of the union election at its warehouse in New York City’s Staten Island borough.
Apr 04
Q&A Exclusive: Madrag targets budget-minded, fast-fashion young women
From a single store to a growing fast-fashion chain with more than 100 locations in 13 states, Madrag Stores has largely flown under the radar.
Apr 04
Activist investor turns up heat on Kohl’s
Another salvo has been fired in the ongoing battle for control of Kohl’s Corp.
Apr 04
Schultz retakes helm of Starbucks; suspends share buybacks
Howard Schultz wasted no time in making his presence felt as interim CEO of Starbucks.
Apr 04
Save Mart Companies names longtime Albertsons exec as chairman
Save Mart Companies now has a new chairman in addition to a new owner.
Apr 04
Former WSJ exec Craig Lowe joins EnsembleIQ as senior VP, membership, subscriptions
EnsembleIQ, a North American business intelligence company and parent company of Chain Store Age, has tapped Craig Lowe as senior VP, membership and subscriptions.
Apr 04
Leadership changes at Nordstrom Rack as two long-time execs step down
Nordstrom is streamlining the leadership ranks of its struggling off-price division, Nordstrom Rack.
Apr 01
CVS Health details environmental, social progress
Small changes can make a big difference when it comes to the environment.
Apr 01
Former mall site to be turned into housing, retail, dining destination
A 50-acre site that once housed a mall is being transformed into a mixed-use development that will, among other things, feature the largest green roof in the world.
Apr 01
Economy has ‘strong momentum’ despite inflation, Ukraine challenges
The U.S. economy will continue to face uncertainties in the year ahead even as COVIS is replaced by other challenges.
Apr 01
Neiman’s Bergdorf Goodman elevates two women leaders
Bergdorf Goodman has promoted Cheryl Han to senior VP of BergdorfGoodman.com and customer strategy.
Apr 01
Ikea buys back its old furniture for store credit
Ikea is turning its buy back and resell pilot into a permanent thing.
Apr 01
Done Deal: Aaron’s Company completes acquisition of BrandsMart USA
BrandsMart USA has a new owner.
Apr 01
Business group tells Congress: Retail theft a ‘national crisis’
The U.S. Chamber of Commerce wants Congress to take action to address the rise of organized retail theft.
Apr 01
Hy-Vee expanding into new markets
Hy-Vee Inc. is looking to grow outside of its Midwest base.