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Hudson’s Bay Sells Gilt To Rue La La, Vacates Lord & Taylor NYC Flagship Store

Hudson’s Bay Company (HBC), which acquired Gilt Groupe for $250 million only two years ago, agreed to sell the flash sale business to Rue La La for less than $100…

News June 5

Finish Line Centralizes And Streamlines Merchandise Planning

With 950 locations across the U.S., an e-Commerce site and a partnership with Macy’s, Finish Line has plenty of ground to cover in delivering the right items to the right shoppers…

Features June 5
0aaSteve Grady Equus

What To Look For In Servers For POS Systems

Hospitality and retail companies face numerous hardware challenges in their highly competitive and ever-changing environments. They need highly-configurable and cost-effective point-of-sale (POS) systems that are secure and reliable. In selecting…

Executive Viewpoints June 5
1croom

Lowe’s CFO Croom To Retire Amid Management Overhaul

Marshall A. Croom, CFO of Lowe’s, will retire in October 2018 after serving 21 years with the home improvement company. This news follows the retirement of CEO Robert Niblock, who…

News June 4

Starbucks Executive Chairman Schultz Takes Off The Green Apron

After four decades as CEO and Chairman of Starbucks, during which time the company grew from 11 stores to more than 28,000 locations in 77 countries, Howard Schultz will be…

News June 4

Neighborhood Goods Secures $5.75 Million Funding, Will Open First Store

Neighborhood Goods, a startup that seeks to redesign the traditional department store experience, has raised a seed round of $5.75 million led by Forerunner Ventures. The funds will be used…

News June 4
0aaBrian Strauss Moxie

You Have Arrived At The Guided Economy

“You have arrived!”. Not only is this the now ubiquitous phrase that most of us hear when our favorite navigation app routes us around traffic and guides us to our…

Executive Viewpoints June 4

59% Of Shoppers Won’t Buy Items With ‘Arbitrary’ Prices

When shoppers perceive that an item’s price is unfair or arbitrary, a majority (59%) will refuse to buy the product. However, they will accept price increases or decreases that remain…

Features June 4
1sgold

Hudson’s Bay Appoints Chief Technology And Digital Operations Officer

Hudson’s Bay Company(HBC), the parent company of retailers such as Saks Fifth Avenue, Lord and Taylor and Gilt, has named Stephen J. Gold as Chief Technology and Digital Operations Officer.…

News June 1
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