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Toys’R’Us Plans 120 New U.S. Stores in Time for the Holidays
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Walgreens Agrees to $192.5 Million Settlement with Shareholders over Failed Rite Aid Merger
Just three weeks before it was set to go to trial, Walgreens Boots Alliance (WBA) has agreed to pay $192.5 million to settle a class-action lawsuit brought by investors who…
News October 20
HomeGoods Pulls the Plug on Ecommerce Site
HomeGoods will shut down its ecommerce site on Oct. 21, 2023. The off-price furniture and décor retailer, a subsidiary of The TJX Companies, made a belated ecommerce debut in September…
News October 20
With Supply Chain Still in Flux, Executives Focus on Sustainability, Automation
For almost as long as retail has existed, the supply chain has contentedly operated behind the curtain. But that all changed with the COVID pandemic, the ripple effects of which…
Features October 20
Retail, POS Finance and the Quest for ESG
Accusations of “greenwashing” can lead to irreversible damage to reputation and consumer trust, and with environmental social governance (ESG) now high on the agenda for public and private organizations worldwide,…
Executive Viewpoints October 20
Claire’s Unveils Reimagined Loyalty Program — C.Club
Almost exactly three years after it launched its first-ever loyalty program, Claire’s is evolving the experience with new rewards, new branding and a new name — C.Club. Claire’s amassed 18…
News October 19
Amazon Adds New Social Shopping Features Including ‘Consult-a-Friend’
Amazon is already the place where many consumers start their shopping journeys, and now the company wants to make shopping on its platform “more social and collaborative” with a growing…
News October 19
40-Year Costco Veteran to Take Reins as New CEO in 2024
Costco will replace departing CEO Craig Jelinek with Ron Vachris, who began with the retailer as a forklift driver more than four decades ago and is currently its President and…
News October 19
David’s Bridal Shakes up Leadership Team with New COO and CFO
David’s Bridal is dramatically reshaping its executive suite via internal promotions, including three C-level appointments. The retailer, which filed for bankruptcy in April 2023, was purchased by CION Investment Corp.…
News October 19
Key Disaster Preparedness Takeaways for Retailers from an Eventful Summer
Amid record-breaking heat waves this past summer, many communities faced some intense weather events that caused significant power outages. On Father’s Day, triple-digit temperatures triggered severe thunderstorms that left more…
Executive Viewpoints October 19
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