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Sales & Marketing

  • Bob’s Discount Furniture names CEO

    After more than doubling in size the past 10 years, the 69 store Bob’s Discount Furniture chain has executed a succession strategy.

    Manchester, Conn.-based Bob’s Discount Furniture elevated Michael Skirvin from his role as president and COO to serve as president and CEO. He assumes the top job from Ted English who will remain with the company as executive chairman.

  • ModCloth delves deeper into brick-and-mortar

    ModCloth is going on tour this summer.

    The online apparel retailer known for its indie and vintage-inspired styles is launching the “ModCloth IRL (in real life) Tour,” a series of five pop-up shops.

    The IRL shops are modeled after ModCloth’s first-ever physical outpost, a pop-up in San Francisco. The store opened last July and is due to close March 26.

  • Tailored Brands alters growth plans with 250 store closings

    The company formerly known as Men’s Wearhouse plans to significantly reduce its physical presence this year by closing 250 stores, including more than 20% of the Jos. A. Bank stores acquired in 2014.

    The major reduction is selling space by the company which changed its name to Tailored Brands earlier this year was announced in conjunction with the release of weak fourth quarter results that were in line with previously released results, which showed Jos. A. Bank stores had 32% decline in same-store sales.

  • Surging Dollar General to open record number of stores in 2016

    Dollar General reported record sales and profits last year and plans to extend the streak in 2016 with 900 stores and an even greater number in subsequent years, according to the company’s new financial targets.

    In 2015, Dollar General opened 730 new stores and remodeled or relocated 881 stores which combined with a 2.8% same store sales increase allowed it to grow total sales 7.7% to $20.4 billion. The company ended its fiscal year on Jan. 29, with 12,483 stores.

  • Survey: The leading cause of fulfillment error is…

    Retailers looking to place blame for problems with inventory or fulfillment may want to find a target besides their IT systems.

    According to a new survey of 200 retailers from inventory management technology provider Stitch Labs, two-thirds (63%) of inventory or fulfillment issues are caused by human error from manual process management. Delayed shipment from suppliers causes another 15% of inventory and fulfillment difficulties, with faulty technology only responsible only 12.5% of the time.

  • Whole Foods Market and Instacart – the start of a beautiful friendship

    The rumors are true – Whole Foods Market and Instacart are taking their relationship to a new level.

    The organic grocer and online delivery service officially announced a deepening of their partnership, which had been reported in the media for the past few weeks.

  • Men’s Wearhouse parent company to close 250 stores

    The company formerly known as Men’s Wearhouse plans to significantly reduce its physical presence this year by closing 250 stores, including more than 20% of the Jos. A. Bank stores acquired in 2014.

    The major reduction is selling space by the company which changed its name to Tailored Brands earlier this year was announced in conjunction with the release of weak fourth quarter results that were in line with previously released results, which showed Jos. A. Bank stores had 32% decline in same-store sales.

  • CVS Health targets youth in new anti-smoking efforts

    CVS Health on Thursday announced the launch of "Be The First," a five-year $50 million initiative to help deliver the nation's first tobacco-free generation.

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