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Three Big Opportunities for Retail Enterprises in 2023 — and How to Capitalize on Them
Once the dust had settled from a strong holiday sales season, it was back to reality in the retail sector. For many retail enterprises, that means finding creative ways to…
Executive Viewpoints May 11UFCW Officially Votes to Oppose Kroger and Albertsons Merger
The United Food and Commercial Workers International Union (UFCW) has officially announced that delegates representing 1.3 million of its members unanimously voted to officially oppose mergers, including the proposed $24.6…
News May 10Tempur Sealy Buys Mattress Firm in $4B Deal
Tempur Sealy International will acquire Mattress Firm Group in a $4 billion cash and stock transaction, creating a company with a global footprint of approximately 3,000 stores, 30 ecommerce platforms,…
News May 10Vitamin Shoppe Parent Company to go Private Following Acquisition by Senior Management
The senior management team of Franchise Group, led by the company’s CEO Brian Kahn along with a consortium of financial partners that includes B. Riley Financial and Irradiant Partners, have agreed to acquire approximately…
News May 10Shoppers Seeking Comfort and Self-Expression Will Smash the Piggy Bank for a Splurge Purchase
Shoppers are cutting back in the aggregate as they brace themselves for economic headwinds, so the conventional wisdom is that unnecessary “splurge” purchases are on hold. But Deloitte’s For Consumers,…
Features May 10CPG Brands: Leverage Shipper Intelligence Technology Amid Supply Chain Challenges
For consumer-packaged goods (CPG) brands wanting to lead their category at major retailers, it’s critical to be strategic and adaptable with a logistics strategy. While many brands try to shave…
Executive Viewpoints May 10Walmart Names Two-Decade Veteran to Top Merchandising Role
Walmart has named Latriece Watkins as its new U.S. Chief Merchandising Officer. She replaces Charles Redfield, who reportedly vacated the role on May 1, though he will remain with the…
News May 9Amazon Anywhere Offers In-Game Shopping for Real-World Products
Amazon has debuted a new immersive shopping functionality called Amazon Anywhere that allows customers to discover and buy physical products from Amazon within virtual environments such as video games, augmented…
News May 9Foot Locker Names Nike Exec to Lead Latino-Focused WSS Banner
Foot Locker has named Blanca Gonzalez as SVP and General Manager of its WSS banner, effective May 15, 2023. Gonzalez was most recently VP of North America Product Merchandising for…
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