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Best Buy Shutters Up to 30 Larger Stores as it Shifts Omnichannel Operating Model
Best Buy is planning to evolve its operating model with a greater emphasis on smaller stores as the retailer plans to close 20 to 30 large-format stores, implement eight experiential…
News March 3
Nordstrom to Wind Down Canada Operations, Closing 13 Stores and Ecommerce Site
Nordstrom will shutter its six full-line department stores and seven Nordstrom Rack stores in Canada, along with its Canadian website, in a move that is expected to save the retailer…
News March 3
Personalization that Consumers Expect Post-Pandemic
Today’s retail environment is challenging — whether it is price pressure from discounters, market disruption from online players, increased price transparency for shoppers or changing macroeconomics. To top that off,…
Executive Viewpoints March 3
Target, Macy’s and Dollar Tree Prep for a Tough Year Despite Holiday Success
While the 2022 holiday season was an overall success, the specter of a potential recession was clearly looming over the retail industry in the final months of the year. That…
Features March 3
SaksOff5th.com CEO Steps Down
SaksOff5th.com CEO Paige Thomas has left the company to pursue other opportunities, a company spokesperson has confirmed. Thomas has led the brand as President and CEO since February 2020, including…
News March 2
Kohl’s CEO Asks Shareholders for Patience Following Q4 Loss, Foresees ‘Transitional’ Year Ahead
A surprise loss in Q4 2022 put Kohl’s newly confirmed CEO Toms Kingsbury in the hot seat as the company continues to grapple with declining sales and pressure from activist…
News March 2
Fanatics Taps Former Red Bull Exec to Head Marketing for Collectibles Division
Former Red Bull CMO Ken Turner has been named as the first Chief Marketing Officer of Fanatics Collectibles, Fanatics‘ growing trading cards and collectibles business. Collectibles have become a big focus…
News March 2
Ebay VP on the Platform’s Competitive Advantage: ‘We Don’t Compete with our Sellers’
When Ebay debuted in 1995, it and Amazon were pretty much the only game in town. Fast forward 28 years and Amazon and Ebay are still the two largest marketplaces…
Features March 2
Actionable Strategies to Safeguard Your Supply Chain from Cyberattacks
The world’s supply chains are under attack, and the vendors that organizations rely on could be the weakest link when it comes to protecting confidential information from falling into the…
Executive Viewpoints March 2
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