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Target Sees Mixed Q4: Sales Slow But Same-Day Services Generate 80% Of Online Growth
While Target was able to beat Wall Street earnings estimates for Q4, the retailer still had a relatively mundane season in terms of revenue growth — largely due to weak…
News March 3Amazon Rolls Out Tighter Same-Day Delivery Windows In Four Cities
Amazon will shrink the shipping time for certain Same-Day Delivery orders to mere hours with a new program being rolled out in Philadelphia, Phoenix, Dallas and Orlando, Fla. Up to…
News March 3
Sportina Deploys Solutions To Improve Inventory Visibility, Increase Stock Rotation
Sportina, a Slovenia-based fashion retailer that operates more than 350 stores across 11 countries, has tapped solutions from Oracle Retail to modernize its operations, optimize inventory availability for customers and…
News March 3
Exclusive Q&A: How High Times Is Leveraging Its Cannabis Brand Equity To Conquer Retail
The cannabis retail industry is largely defined by its youth; players in the newly legalized CBD and cannabis industries haven’t had decades to build their shopper bases like Walmart or…
Features March 3
Responsible Retail: How Purpose Becomes Performance
Responsible retailers do more than earn the right to bask in the warm glow that comes from doing the right thing. They also do better financially. New research suggests that…
Executive Viewpoints March 3
Walmart Promotes Sam’s Club CEO To U.S. E-Commerce COO
Walmart has named Jamie Iannone Chief Operating Officer for U.S. E-Commerce, according to an internal memo seen by CNBC. He will report to CEO of U.S. E-Commerce Marc Lore and…
News March 2Bed Bath & Beyond Cuts Corporate Workforce By 10% In Restructuring Effort
Bed Bath & Beyond will lay off 10% of its corporate workforce, totaling approximately 500 workers, as part of restructuring efforts. The retailer aims to simplify its field operations, reduce…
News March 2Hudson’s Bay Shareholders Approve Privatization Plan
More than 98% of Hudson’s Bay Company (HBC) shareholders voted to take the department store retailer private for a price of $11 (Canadian) per share in cash. The vote, held…
News March 2
Foot Locker Plans To Open 20 ‘Power Stores’ Amid $150 Million Brick-And-Mortar Reinvestment
Foot Locker is continuing to rethink its brick-and-mortar strategy following a poor holiday showing that saw comparable sales decrease 1.6%, total sales drop 2.2% and net income decrease 10.8% from the…
News March 2
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