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Seth Goldberg to Take Over as Raymour & Flanigan President
Furniture retailer Raymour & Flanigan, has announced that Seth Goldberg will succeed his father Neil as President of the family-owned business. Neil, who has held the position of President and…
News January 26
Bloomberg: Belk Will Pursue Bankruptcy to Restructure $2.6 Billion Debt
Belk is reportedly nearing a deal to file for bankruptcy, with plans for Sycamore Partners to hand ownership of the retailer to its lenders, people familiar with the matter told…
News January 26
Away Seeks New CEO as Stuart Haselden Announces Departure
The CEO saga at DTC luggage and travel accessories retailer Away continues. The company announced on Jan. 23 that current CEO Stuart Haselden would be stepping down in February to…
News January 26
Debenhams to Find New Life Online with Acquisition by Boohoo
Storied British department store chain Debenhams, which entered administration for the second time in April 2020, will live on online following the acquisition of its brand and websites by U.K.-based…
News January 26
Six Things the Consumer of 2021 Really Wants
In 2020, more than any year since the advent of online and mobile commerce, consumers lost a sense of control. Online shopping became a refuge, not because of overwhelming convenience,…
Executive Viewpoints January 26
Target Gives $500 Bonuses to its Frontline Employees
Target has provided bonuses to all hourly workers in its stores and distribution centers as well as those at its headquarters and field-based offices. This marks the fifth set of…
News January 25
7-Eleven Promotes Evolution Store Concept with PlayStation 5-Powered Experience
7-Eleven and Airbnb will rent out the retailer’s new 7-Eleven Evolution Store in Dallas County, Texas for two separate nights before its official opening. The Dallas County location is one…
News January 25
Westfield London to Debut New Digital-Physical Retail Concept: Situ Live
U.K. shopping center Westfield London will launch a new experiential retail concept — Situ Live — in spring 2021, providing a showcase for a host of innovative products presented live…
News January 25
License Agreement Brings Vitamin Shoppe Stores to Vietnam
The Vitamin Shoppe has opened its first location in Asia under a license agreement with Kim Lien Group for the Vietnam market. Under the partnership, Kim Lien Group will open…
News January 25
