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Wolverine Worldwide CEO Departs Following Disappointing Quarterly Results
Wolverine Worldwide’s Board of Directors has terminated President and CEO Brendan Hoffman and he has formally stepped down as a director of the company. The announcement coincides with the footwear…
News August 11Hy-Vee Partners with Uber Eats to Offer Deliveries from 260 Stores
Midwestern supermarket retailer Hy-Vee has partnered with Uber to add delivery services from 260 of its grocery and liquor storefronts. The two companies are spotlighting their new deal with a…
News August 11NRF Hot 25 List Spotlights Fastest-Growing Retailers
Mexican grocer Chedraui, Raley’s Supermarkets and Primark Stores have topped the National Retail Federation’s 2023 Hot 25 Retailers list, which ranks the fastest-growing retail companies in the U.S. The annual…
Features August 11‘Tech Tipping’ is Angering Consumers. Here’s How to do it Right.
New research from Capterra finds that tip fatigue — exhaustion caused by the pressure to tip more money to a widening array of workers — is a serious problem affecting…
Executive Viewpoints August 11Lyft Bolsters Commerce Media Offering with Personalized In-App Ads
Lyft will be bringing more personalized ads to users in the U.S. and Canada. Through a new partnership with Rokt, the ridesharing company has added in-app advertising to its Lyft…
News August 10Citing National Security, Biden Limits AI Investments in China
President Biden has signed an executive order regulating U.S. companies’ investments in “countries of concern” in technologies that are “critical to national security,” including semiconductors and microelectronics, quantum information technologies…
News August 10Alibaba Boosts Q2 Revenue 14%
For the first three-month period following its March 2023 corporate restructuring into six distinct businesses, Alibaba Group increased Q2 revenue 14% year-over-year to $32.3 billion. The ecommerce giant also saw…
News August 10J.Crew Pulls in Retail Heavyweight to Lead Madewell
J.Crew Group has appointed former Intermix and Ann Taylor executive Adrienne Lazarus as President of Madewell, effective September 2023. Lazarus will report to J.Crew Group CEO Libby Wadle. Throughout her…
News August 10Coach Owner Tapestry Aims to Create ‘Powerful Global Luxury House’ with $8.5B Acquisition of Versace, Michael Kors Brands
Tapestry, the parent company of brands including Coach, Kate Spade and Stuart Weitzman, will acquire global fashion luxury group Capri Holdings, owner of the Versace, Jimmy Choo and Michael Kors…
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