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As Retailers Pile On Sales Events, Shoppers Report Discount Fatigue
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Sam’s Club to Add 30+ Larger-Format Stores, 5 New Fulfillment Centers
Sam’s Club is embarking on an ambitious expansion of its physical footprint, beginning with five new fulfillment and distribution centers opening this year — the first, in Georgia, in Q3…
News January 26The RealReal Names New CEO as its Pursuit of Profitability Continues
Luxury resale marketplace The RealReal has appointed John Koryl as its new permanent CEO, eight months after Founder Julie Wainwright stepped down from the role. At the time of her June…
News January 26DOJ Complaint Accuses Google of Having ‘Monopolistic Grip’ on Advertising Market
The U.S. Department of Justice (DOJ) has filed a lawsuit against Google that accuses the tech giant of using its scale to engage in anticompetitive actions in the digital advertising…
News January 26PVH Taps Diesel CEO to Lead Calvin Klein’s Americas Business
PVH Corp. has named Donald Kohler as its new President of Calvin Klein Americas, effective March 13, 2023. Kohler, currently CEO of North America at Diesel, will report to PVH…
News January 26Manhattan Associates Combines Fulfillment and RFID Solutions to Boost Inventory Management Efficiency
Manhattan Associates has enhanced its POS and store fulfillment solutions with handheld RFID support to assist with all inventory management and order fulfillment activities. The combination of RFID technology and…
News January 26Kendra Scott CEO: ‘The Beauty of our Business is we Don’t Have to Reinvent Ourselves to be Successful’
Putting an emphasis on creating a great customer experience while also giving back to the world is common practice for retailers today, but Kendra Scott has been taking this approach…
Features January 26The Future of Retail is Smaller, Crowdsourced and Robot-Powered
Predicting where the next phase of consumer buying behavior is headed has proven notoriously tricky. Ecommerce had been growing at a consistent rate, but its year-over-year growth shot up two…
Executive Viewpoints January 26Serta Simmons Bedding Files for Bankruptcy as Part of Agreement With Lenders
Serta Simmons Bedding (SSB) has filed for Chapter 11 bankruptcy at the U.S. Bankruptcy Court for the Southern District of Texas. The filing is part of a “Restructuring Support Agreement…
News January 25Walmart Boosts Pay to $17.50/Hour, Offers New Paths to Advancement
A combination of regular annual increases and “targeted investments in starting rates” by Walmart will raise the average hourly pay of its workers above $17.50, according to a memo shared…
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