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Ascena Retail Group Promotes New CFO
Ascena Retail Group will promote Dan Lamadrid, currently SVP, Finance and Chief Accounting Officer, to the role of EVP and CFO, effective August 4, 2019. He will replace Robb Giammatteo,…
News July 26
Study: Economics, Not Millennials, Is The Force Changing The Retail Industry
It can be easy to fall into clichéd thinking about retail — like “Millennials care about experiences over products” or “e-Commerce is reducing the amount of time people spend shopping.”…
News July 26
How Leading Retailers Are Winning On Facebook And Instagram
Despite continuous headlines about the retail apocalypse, U.S. retail sales are experiencing the fastest growth since 2006. The retailers that are struggling are those that have failed to adopt innovative…
Executive Viewpoints July 26Benefits Of A Cash Discount Program
By Samir Kadi, MTech Distributors Cash, check, credit card, debit card, mobile and online. Today there are a multitude of ways to pay — which is convenient for the younger,…
Executive Viewpoints July 26UPS Adds 12,000 Pickup Points, Launches Next-Day Delivery
UPS will expand its number of in-store pickup access points by 12,000, reaching 21,000 retail locations in the U.S. and 40,000 globally. The company also will undertake a number of…
News July 25
Best Buy Promotes VP Of Enterprise And Merchandise Finance To CFO
Best Buy has named Matt Bilunas, the company’s current Vice President of Enterprise and Merchandise Finance, as its new CFO, effective July 29. In his current position, Bilunas has been responsible…
News July 25
Standard Cognition Raises Additional $35 Million For AI-Powered Checkout
Standard Cognition, an autonomous checkout startup, has raised $35 million in a Series B funding round led by the EQT Ventures fund, with participation from existing investors Initialized Capital, CRV…
News July 25Starbucks Will Expand Delivery Nationwide By 2020
Starbucks will expand its Starbucks Delivers coffee delivery service across the U.S. by early 2020, extending its partnership with Uber Eats. The expansion follows an 11-market pilot rollout, which “demonstrated…
News July 25
How A New Approach To Customer Segmentation Can Reduce Returns And Boost Profitability Up To 30%
Customer returns are reaching pandemic proportions. Increasingly, shoppers are being conditioned to return unwanted items, ‘nearly unworn’ or over-ordered clothes in a sector with already tight margins. Through a new…
Executive Viewpoints July 25
