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Lidl CEO Steps Down
In the midst of an aggressive expansion in the U.S., Lidl has announced the sudden departure of CEO Sven Seidel due to differences over strategy, according to multiple reports. The…
News February 9Bad Times At Macy’s And Sears Mean Good Times For Dollar General And TJX
The mass store closings and divestitures occurring at Macy’s and Sears have been a rude awakening for the two iconic retailers, with the brands scrambling to maximize whatever value these…
News February 9Can Walmart’s Chinese Investments Bridge U.S.-China E-Commerce Gap?
Walmart increased its investment in Chinese e-Commerce retailer JD.com from 10.8% to 12.1%, according to an SEC filing dated Feb. 3. With the expanded investment, Walmart’s stake in JD.com is…
News February 9Exclusive Interview: The Strategy Behind Zappos’ Cross-Country Tour
Zappos made its name as an online-only footwear retailer, but its next steps will take the brand firmly into the physical world. The “Friends with Benefits Road Show” will finally…
News February 9Kroger Acquires Murray’s Cheese For $21 Million
Kroger has acquired Murray’s Cheese, a chain of specialty cheese and meat shops, as well as its flagship location on Bleecker Street and in Grand Central Terminal in New York…
News February 8Tory Burch, Burberry Deploy Adyen Payment Platform
Adyen, a global payments technology company, has advanced further into the retail market by providing in-store and omnichannel payment solutions for companies such as Tory Burch and Burberry, as well…
News February 8Sporting Goods Struggles Continue As Eastern Outfitters Files For Bankruptcy
Eastern Outfitters, the parent company of Eastern Mountain Sports and Bob’s Stores, has filed for Chapter 11 protection in Delaware. UK-based sporting goods chain Sports Direct has reached an agreement with the…
News February 8Super Bowl LI Ads: Touchdowns And A Few Fumbles
More than 111 million people watched Super Bowl LI on Feb. 5, which means that a select few brands got their message out to an overabundance of impressionable would-be consumers.…
Executive Viewpoints February 8Retail 2025: AI And Digital Natives Will Rule
As futuristic as the year 2025 sounds, it is now less than eight years away. Will time travel, flying cars and summer vacations to Mars be in the cards? Probably…
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