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Lowe’s Plans Mexico Exit Amid Continued Restructuring
Lowe’s intends to exit Mexico as it continues shifting away from its underperforming businesses under the leadership of new CEO Marvin Ellison. The retailer will shutter all 13 of its…
News November 21Gap Could Close Hundreds Of Stores In Decisions Being Made ‘With Urgency’
Gap Inc. is planning to shutter hundreds of its namesake stores in malls after same-store sales fell 7% at the flagship chain in Q3 2018, according to CNBC. The company…
News November 21Subscription Retailers’ Expansion Strategy? Holiday Gift-Giving
Giving a subscription allows a single gift to stretch well into the future, and they are becoming increasingly popular: 32% of shoppers have received a subscription as a gift, and…
News November 21Exclusive CEO Q&A: How Touch Of Modern Uses Customer Feedback To Drive Merchandising
Touch of Modern, an e-Commerce retailer focused on selling lifestyle products, fashion and accessories for men, has always strived to introduce merchandise that shoppers can’t find anywhere else, even dabbling…
News November 21Chatbot, Please Expedite My Shipping
In the world of online shopping, things are specifically tailored to appease the customer and ensure efficiency — click, select, pay, done, delivered — it’s that easy. However, what is…
Executive Viewpoints November 21Are Amazon HQ2 Criticisms Valid, Overblown — Or Both?
Like the entire HQ2 selection process, the decision by Amazon to split its new headquarters between two cities, Arlington, Va. and Long Island City in Queens, N.Y., has gotten plenty…
Executive Viewpoints November 21Neiman Marcus Hires First Chief Transformation Officer
Neiman Marcus Group has named Katie Mullen to the newly created role of Chief Transformation Officer, according to Dallas Business Journal. In this position, she will drive CEO Geoffroy van…
News November 20Feed Shoppers’ Creativity To Turn ‘White Elephant’ Parties Into Sales Drivers
White Elephant parties, a gamified gift exchange often featuring unconventional items, are more than a niche tradition: 36 million Americans are expected to participate in these gift exchanges this holiday…
News November 20Thriving In The New World Of Grocery: Five Keys For Brands
Much has been made of the challenges facing retailers in today’s grocery marketplace. However, their manufacturing trading partners are contending with equally pervasive disruption and the effects have been significant,…
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