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Long-Time Sephora Exec Will Succeed Reiff as Container Store CEO
Satish Malhotra, Chief Retail and Operating Officer at Sephora, will take the reins as CEO and President of The Container Store on Feb. 1, 2021. Malhotra will replace retiring CEO…
News December 23
Kroger, ShopRite Tap Pharmacy Divisions to Distribute COVID-19 Vaccine
Kroger and ShopRite will help administer the COVID-19 vaccine nationwide via their pharmacies and clinics, in partnership with the federal government and state health departments. They are the latest retailers…
News December 23
L Brands Selects Ascena Executive to Lead Bath & Body Works
As part of a raft of executive changes, Bath & Body Works parent company L Brands has named Julie Rosen its new President. Rosen brings more than 20 years of…
News December 23
Bass Pro Shop Parent Acquires Sportsman’s Warehouse
Great American Outdoors Group, parent company of Bass Pro Shops, Cabela’s and White River Marine Group, will acquire Sportsman’s Warehouse for $785 million in cash, according to The Street. The…
News December 23
New 2021 VAT Rules Will Simplify Filing, but Complicate Calculation
In 2021, businesses in the United States will face new VAT rules for selling to final consumers in Europe. While the changes are meant to help streamline the filing and…
Executive Viewpoints December 23
How Virtual Stores Bring the Joy of Discovery to Online Shopping
The joy of serendipitous discoveries that comes from shopping IRL has proven an elusive experience to replicate online — until now. The pandemic led to the launch of a gamut…
Features December 23
Nike to Open 30 Stores in 2021, Continue Investing in Customer Outreach and Supply Chain
Nike plans to open 30 stores in the second half of 2021 as the retailer positions itself for long-term growth. Leaders discussed their plans for the business, including growing its…
News December 22
Walmart Offers Free At-Home Pickups for Online Product Returns
Seeking to minimize customers’ return complexities, Walmart has partnered with FedEx for at-home pickup of unwanted gifts or ill-fitting apparel. Customers can schedule returns via the new Carrier Pickup by…
News December 22
CNBC: Former Macy’s CEO Expects More Store Closures in 2021, Followed by New Openings
Former Macy’s CEO Terry Lundgren told CNBC that retail store closures could continue into 2021 as disruption persists. While the holidays will remain a bright spot in an otherwise difficult…
News December 22
