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WSJ: CVS Eliminates 5,000 Corporate Jobs in Cost-Cutting Effort
As part of a restructuring effort initiated in Q2 2023, CVS Health will cut 5,000 jobs as the company focuses more on healthcare services, according to the Wall Street Journal…
News August 2NRF Forms Digital Risk Group to Help ‘Shape the Public Debate on Technology Issues’
The National Retail Federation has launched a new Center for Digital Risk & Innovation, aimed at engagement and advocacy on technology issues that have significant implications for the retail industry. The…
News August 2Why DTC Brands are Evolving from Disruptors into Omnichannel Players
It wasn’t so long ago that the debut of new digital-first brands was a near-daily occurrence. Successful “challenger” offerings in just about every category under the sun rose to unprecedented…
Features August 2INFORMing Customers: A New Retail Requirement
Since 2021, states and the federal government have been pushing to provide consumers with more information about the parties with whom they transact. To do that, new laws, referred to…
Executive Viewpoints August 2UPDATE: Overstock.com Renames Website Following Bed Bath & Beyond Deal
AUG. 1 UPDATE: The new Bed Bath & Beyond website has launched following Overstock’s acquisition of the retailer’s intellectual property. “Through this rebranding, we’re breathing new life into Bed Bath…
News August 13 Ways to Use Data to Improve In-Store Experiences
Retailers have access to troves of data: data about their customers, their products and their business. But despite earnest proclamations that consumers expect seamless brand experiences, these data and the…
Features August 1Walmart Enhances Refurbished Items Program to Support Marketplace Sellers
Walmart has upgraded its Walmart Restored program by introducing Walmart Restored Premium, offering a broader assortment of “like new” refurbished items at the retailer’s everyday low prices. The original program…
News August 1Under Armour Debuts Loyalty Program
Under Armour has launched its first-ever loyalty program, UA Rewards, for its U.S.-based customers. Members will earn reward points for making purchases, writing product reviews on eligible products and completing…
News August 1Instacart Woos SMBs with Free Year of Instacart+ and Cash-Back Rewards
Seeking to bring in more small business clients, Instacart is making a limited time offer that will give SMBs in the U.S. and Canada free access to Instacart+ for a…
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