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The New Skill Set of Today’s Chief Merchandising Officer
When retail consisted mainly of brick and mortar stores, the role of the chief merchandising officer (CMO) focused almost exclusively on selecting merchandise, designing display strategies and planograms and driving category performance. This role was typically held by people who rose into the role as buyers. That’s because buyers first and foremost excel at spotting the next hottest trend while also having a keen eye on the dollars and cents side of the business. -
U.K. retailer to drop anchor in the U.S.
Watch out Hallmark. A popular British greeting card and stationery brand has designs on the U.S. market. Paperchase is planning to open two freestanding stores in the United States next year, both in Chicago, The Telegraph reported. Currently, the brand supplies Target and Staples with private-label greeting cards.

