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Albertsons Launches AI-Powered Restructure Following Soft Q1 Results
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Optimizing Retail Distribution Performance To Meet Today’s Challenges
The store reopening process is well underway in many states and the rest are in process to follow in the near future. This is good news for retailers. However, COVID-19…
Executive Viewpoints September 11
JCPenney Eyes $1.75 Billion Purchase By Brookfield And Simon Property
J.C. Penney Company has entered an agreement in principle to sell JCPenney to Brookfield Property Partners and Simon Property Group for $1.75 billion. JCPenney intends to execute a stalking horse…
News September 10
Target Commits To Hiring 20% More Black Employees
To meet its goal of increasing diversity, Target is planning to boost the number of Black employees across the company by 20% over the next three years. The move is…
News September 10
LVMH To File Lawsuit Against Tiffany, Citing Alleged Mismanagement
LVMH Moët Hennessy Louis Vuitton (LVMH) plans to file a lawsuit against Tiffany, accusing the jewelry retailer of dishonesty and mismanagement of its operations during the coronavirus pandemic. The company…
News September 10
Bankrupt Century 21, Citing $175 Million Insurance Nonpayment, Will Cease Operations
Pioneering off-price retail chain Century 21 Stores has filed for Chapter 11 bankruptcy protection and plans to shut all 13 of its stores in New York, New Jersey, Pennsylvania and…
News September 10
How Donating Masks Created A New Product Category For WestPoint Home
Growth can be a challenge, particularly when there’s new leadership at a company with brands that date back as far as two centuries as well as wide distribution across mass,…
Features September 10
Why Traditional Consumer Panels Won’t Help Consumer Brands Retain Market Share
For a long time, retail consumer data-gathering was a game rigged for big players. Not anymore. As a report from consulting firm Catalina showed, 90 of the top 100 consumer packaged goods…
Executive Viewpoints September 10
Oculogx Launches A Trio Of Solutions To Streamline Order Fulfillment
Oculogx, an omnichannel order fulfillment solution provider, has launched a suite of products designed to improve order fulfillment speed and accuracy. The solutions were created for storefronts, warehouses and retail…
News September 10
LVMH Pulls Out Of $16.2 Billion Tiffany Acquisition, Prompting Lawsuit
Luxury brand powerhouse LVMH Moët Hennessy Louis Vuitton has called off its planned $16.2 billion purchase of Tiffany & Co., citing the threat of U.S. tariffs on French goods. However,…
News September 9
