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John Culver, COO of Starbucks, who will step down in October.

Starbucks to Eliminate COO Role with Departure of John Culver

Starbucks COO John Culver announced in a letter to employees that he would be leaving the company on…

News August 19
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Activist investor Ryan Cohen strikes again at Bed Bath & Beyond.

Activist Investor Continues to Wreak Havoc at Bed Bath & Beyond

Shares of Bed Bath & Beyond Inc. tumbled after it was revealed that activist investor Ryan Cohen —…

News August 18
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ThredUP opens a hotline to help Gen Z fight its fast fashion addiction.

ThredUP Forges Ahead with its War on Fast Fashion Amid Cost-Cutting Initiatives

Resale platform ThredUP has debuted a new, light-hearted marketing ploy in its ongoing battle against “fast fashion addiction,”…

News August 17
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Authentic Brands Group has acquired British fashion label Ted Baker.

ABG Adds Ted Baker to its Brand Roster

Brand management firm Authentic Brands Group (ABG) has added another major retailer to its portfolio with the acquisition…

News August 16
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Petco has made four new C-Suite appointments.

Petco ‘Evolves its Organizational Design’ with Raft of C-Suite Appointments

Petco is the latest retailer to overhaul its C-suite, with new appointments to the roles of Chief Services…

News August 10
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Scott Roe, CFO-COO, Tapestry

Coach, Kate Spade Parent Company Adds COO to CFO Scott Roe’s Title

Tapestry — parent company of Coach, Kate Spade and Stuart Weitzman — has announced the retirement of COO…

News August 9
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Alibaba Group has reportedly laid off 10,000 employees.

Reports: Alibaba Lays Off 10,000 as New Lockdowns Dampen Chinese Recovery

Ecommerce juggernaut Alibaba isn’t immune to the economic forces weighing down other retailers, particularly as new lockdowns in…

News August 8
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Vera Bradley has sold retail start-up goodMRKT to the brand's co-founder.

Vera Bradley Sells goodMRKT to Focus on Core Brands

Vera Bradley, Inc. has sold its retail start-up goodMRKT to goodMRKT Holdings, LLC, which the brand’s Co-founder and…

News August 8
Amazon iRobot Mergers and acquisitions robotics Roomba smart home
Amazon has acquired Roomba maker iRobot for $1.7 billion.

Amazon Bolsters Smart Home Product Lineup with $1.7B iRobot Acquisition

Amazon has agreed to acquire robot manufacturer iRobot for approximately $1.7 billion. Best known for its automated Roomba…

News August 5
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