Supply Chain & Merchandising

New York -- Barnes & Noble on Wednesday reported its fifth straight quarter of sales declines. But the CEO sounded a positive note, telling the Wall Street Journal that the retailer is looking at a new store prototype.

“The industry is evolving, and we think there are opportunities ahead with a different format,” CEO Ronald Boire told the Wall Street Journal on Wednesday. “I’ve sat in on a couple of meetings about this and we’ll have more to discuss later.”

Conn’s is selling off much of its consumer debt and appointing a new CEO as the specialty retailer looks reposition its business.

In a series of strategic moves designed to shore up its ailing consumer finance business and restore investor confidence, Conn’s has named Norman Miller as its new CEO, entered into an agreement to securitize $1.4 billion of retail installment contract receivables, and received board authorization to repurchase up to $75 million of securities, and termination of the stockholders’ rights plan.

Anaheim, Calif. – Pacific Sunwear of California Inc. is launching a major expense reduction initiative in the wake of disappointing second quarter results.

A tightening job market may add a new wrinkle to retailers' holiday hiring plans, according to a new report from CNBC.

As online sales growth continues to outpace that at physical stores, experts say retailers are already having trouble filling positions in the heart of their digital operations: their warehouses.

Read more by clicking here.

 

 

 

 

Amazon is priming the appetites of customers in Seattle with a new feature as part of its Prime Now one-hour delivery service.

West Des Moines, Iowa - Midwestern convenience retailer Kum & Go is streamlining the coming and going of data.

The chain has selected G.O.L.D. Space Optimization software with centralized data management from Symphony EYC to simplify the merchandising process across its stores.

New York -- The improving job picture may spell trouble for retailers’ holiday hiring plans, according to a report by CNBC.

As online sales growth continues to grow, experts say retailers are already having trouble filling positions in the heart of their digital operations: their fulfillment centers.

Read the full CNBC story, by clicking here.

In the name of optimizing its omnichannel approach, Macy's said it plans to close between 35 and 40 department stores at undisclosed locations in early 2016 while moving ahead with expansion of its off price format.