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Strategy

  • Analysis: What Dollar Shave Club’s Sale Means For Retail

    News of Dollar Shave Club’s recent $1 billion sale to global packaged-goods giant Unilever came like a splash of cold water to the face of most in the retail business.    But it shouldn’t have come as a surprise.    The booming success of subscription services is just the next step in the evolution towards seamless, contactless retail that emphasizes ease, convenience, common sense and just a touch of personality and cheeky humor.   
  • Video: Steve Tanger talks money with CNBC's Jim Cramer

    Steve Tanger is more than CEO of outlet giant Tanger Factory Outlet Centers – he is also an effective talking head.     Tanger appeared as a featured guest on CNBC's "Mad Money with Jim Cramer" on Thursday, July 28, and talked about the consistent strength of the outlet market despite a volatile retail industry.   
  • Target’s IT chief turns to hiring as a top tech focus

    Mike McNamara isn’t shy about making changes.   Target Corp.’s chief information officer has launched a hiring spree aimed at turning Target into an engineering powerhouse.   Click here for more. 
  • Former office supply executive joins Office Depot board

    Kristin Campbell is executive VP and general counsel for Hilton Worldwide Holdings, but it’s her prior office supply retail experience that motivated Office Depot to proffer a seat on the board.   Prior to joining Hilton, Campbell spent 18 years at Staples, where she was most recently senior VP, general counsel and corporate secretary.  
  • Hhgregg seals its CEO deal

    Hhgregg has completed its search for a permanent CEO by giving interim chief Robert Riesbeck the long-term nod.   Riesbeck has held the interim title since February, when then-CEO Dennis May tendered his resignation. Now, with the top position becoming permanent, Riesbeck will give up his CFO title and the company will launch a new search for a replacement.  
  • Aaron’s Q2 profits down; hints at store closings

    Rent-to-own giant Aaron’s saw its revenues rise but profit drop in the second quarter, and the retailer said it would review its store base going forward.     
  • Lowe's to open Nashville distribution hub

    Lowe's is amping up its distribution game with a new direct fulfillment center near Nashville.   At a square footage of 1.1 million, the facility will be a Lowe's first in that it will ship packages directly to customers.  
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