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  • NRF launches job training initiative

    The NRF Foundation has brought together leading retailers and non-profits to launch a job training and credentialing initiative called Rise Up (Retail Industry Skills & Education).   The program is designed to help people — regardless of education, background, economic means or age — acquire the skills they need to secure jobs in retail and advance into promising careers in every aspect of retail, from in-store to digital and mobile commerce, according to the NRF.  
  • Report: Amazon’s price advantage narrows in key holiday category

    Watch out Amazon, Walmart may be giving you a run for the money in the holiday toy aisles.    
  • Lowe’s partners with San Francisco start-up to sell tech devices

    Lowe’s Companies is partnering with an unusual and very tech-savvy retailer to sell “smart” home devices.    The home improvement retailer has teamed up with San-Francisco-based b8ta to launch an in-store shop concept dedicated to demystifying and simplifying the purchase of smart home devices Called “SmartSpot powered by b8ta,” the new concept is currently in place in three Lowe’s stores in California (Livermore, Burbank and Aliso Viejo).  
  • Lowe’s disappoints in Q3

    Sales were up in the third quarter, but Lowe’s Companies’ financial performance impressed neither its investors nor its CEO.   The home improvement retailer’s net income dropped dramatically, owing to $462 million non-cash pre-tax charges. Net income declined to $379 million, compared to $736 million in the same quarter last year.  
  • The Rise of Robots in Retail

    The retail industry is on the precipice of a robotics revolution. While leading-edge retailers like Amazon have been using robots, their role has largely remained experimental or behind the scenes, primarily used in warehouses and fulfillment centers to perform pick, pack and ship duties. That is about to change.   
  • Lumber Liquidators names a new CEO

    Lumber Liquidators has not had much luck getting its top executives to stick around as of late.   The company's chief compliance officer, Ray Cotton, quietly resigned in May of 2015.   Then, in November, it elected John Presley as chief executive -- the second time that year it had to change CEOs.  
  • Walmart vet joins online retailer

    Photo: Vidya Jwala   Overstock.com has nabbed a Walmart VP.   The online retailer named Vidya Jwala as senior VP of demand fulfillment, responsible for overseeing the e-commerce leader’s sourcing, merchandising, supply chain and customer-care businesses.   Jwala joins Overstock from Walmart, where, as VP of merchandising and operations, he focused on merchandising planning, category management, pricing and costing.  
  • Commentary: Meet the next generation of store associate

    Retailers will be excited by the prospect of employees that are never late and don’t need to take breaks or even be paid, but will customers accept them?
     

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