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Corporate Governance

  • Report: Supply chain key to omnichannel costs, revenue growth

    An annual report provides an in-depth analysis of the front-burner issues facing America’s retail supply chains, and highlights tools and leading practices to compete in an evolving marketplace.  

  • Nordstrom may go private

    One of the nation's most successful department store retailers may remove itself from the scrutiny and pressure of Wall Street.    

  • Study: Sales associates not well-equipped to perform job

    Digital retailing is intensifying, yet retail associates still don’t have the technology they need to serve customers when they visit in-store.   That's according to “The 2017 Retail Associate Technology Study,” from Salesfloor. The report, which surveyed 254 North American retail associates across a variety of product categories, compensation models and store sizes, explores the connection between store-level employees and the technology they use to serve customers.   

  • Report: Office supplies giant names new CIO as it gears up for big initiative

    Staples named a new technology chief who is expected to step up the company’s IT initiatives.  

  • Things looking up at 99 Cents Only Stores

    The turnaround at extreme-value retailer 99 Cents Only Stores appears to be taking hold.   The retailer reported that net sales for its first quarter, ended April 28, increased 6.7% to $547.5 million, from $512.9 million in the year-ago period. Same-store sales increased 6.9%, with higher customer traffic of 4.2%, and a higher average ticket of 2.5%.  

  • Department store giant announces big job cuts as part of major restructuring

    Hudson's Bay Co., whose banners include Saks Fifth Avenue and Lord & Taylor, has lowered the ax.  

  • Amazon lends more than $3 billion to third-party sellers

    Amazon’s lending program has hit epic proportions, with one-third of loans being granted in the last year, alone.   The online giant’s Amazon Lending program has surpassed $3 billion in loans to small businesses since the service launched in 2011. Specifically, Amazon has lent more than $1 billion to small businesses in the last 12 months, and more than 20,000 small businesses have received a loan from Amazon.  

  • Ikea expands breadth through third-party sales

    Ikea is getting in on the online marketplace game.   The home furnishings giant is embarking on a test that will focus on selling its products on websites other than its own. This move will get merchandise in front of more online customers, according to Reuters.  
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