ARTICLES BY THIS AUTHOR
- 12/8/2020
Retail imports remain strong with 2020 set to tie as busiest year on record
Retailers are still stocking up on goods, with November imports up 22.4% year-over-year. - 12/8/2020
GameStop cites ‘unprecedented demand’ in November after sales plummet in Q3
GameStop took a sales hit in the third quarter but expects positive comparable store sales and profitability in the fourth quarter amid demand for the highly anticipated release of new game consoles. - 12/8/2020
COO of foodservice giant Focus Brands to depart
The high-profile president and COO of Focus Brands is stepping down. - 12/8/2020
Starbucks names Mellody Hobson as board chair
Starbucks Corp. tapped finance exec Mellody Hobson as the company’s next non-executive chair, making her the only Black woman to chair a Fortune 500 company. - 12/8/2020
‘Super Saturday’ won’t be as super this year
Super Saturday, the last Saturday before Christmas (Dec. 19), is still expected to be the second-busiest day of the 2020 holiday season, but it won’t be as big as previous years. - 12/8/2020
Report outlines trends, priorities for retailers in 2021
The COVID-19 pandemic will boost convenience retail, with a strong consumer appetite for health products and high in-store safety expectations. - 12/8/2020
Ascena Retail gets court OK for $540 million deal with Sycamore
Ascena Retail Group has received bankruptcy court approval to sell its Ann Taylor, Loft, Lane Bryant and other brands to Sycamore Partners. - 12/8/2020
Lowe’s outlines new strategy to capture market share; sales to grow by 22% this year
Lowe’s Cos. unveiled a new “total home” strategy designed to gain share in the $900 billion home improvement market and drive bigger sales in the pro-business, e-commerce and installation services. - 12/7/2020
Seasonal retail hiring slows in November