Target has tapped Jeff Burt, the head of Kroger's Fred Meyer division, to take over its struggling grocery business.
Burt spent 30 years at Kroger, most recently overseeing the Cincinnati-based … [Read More...]
What slowing economy?
In this exclusive interview, Target CEO Gregg Steinhafel shows it's almost full-speed-ahead for the chain, in contrast to the jitters at many other retailers. He's presiding … [Read More...]
Amazon launched its online bookstore nearly 22 years ago. On Tuesday, it will open the doors of a brick-and-mortar store in Chicago's Lakeview neighborhood, giving customers a chance to test the … [Read More...]
Aldi Sud, the parent of Aldi’s U.S. stores, is introducing a new corporate logo the company said would complement its ongoing modernization project worldwide.
The new mark, which the company … [Read More...]
In an age where in-store retail visits are plunging by the billions, many retailers have forgone simply putting exceptional products on its shelves. Additionally, retail operations have become overly … [Read More...]
“Very wasteful” isn’t a phrase usually associated with Amazon.com Inc., which is so cost-conscious it once removed the light bulbs from its cafeteria’s vending machines. But after spending several … [Read More...]
Lou D'Ambrosio, Sears Holding Corp. CEO, says the reports of its demise are "greatly exaggerated."
"With the programs we're rolling out, the new membership program we're putting in place, I think … [Read More...]
HHGregg Inc. said earlier this week that it has lined up a buyer. But a bankruptcy filing late Thursday reveals that other potential suitors will have the opportunity to submit competing offers by … [Read More...]
Retailers' heated price wars may get doused with a bucket of cold water.
As companies like Target and Wal-Mart go head-to-head on value, a House bill proposing a tax on imported goods threatens to … [Read More...]
Gander Mountain, the nation's largest chain of outdoors specialty stores, filed Friday for Chapter 11 bankruptcy protection from its creditors with the aim of selling the business.
The company, … [Read More...]
Brian Dunn s first-floor, windowless office at Best Buy headquarters in Richfield, Minn., has the feel of a high-tech freshman dorm room. Along with a basketball autographed by Magic Johnson, there s … [Read More...]
It has not been a good year for retail.
Faced with the rise of e-commerce, the habit of Millennials to spend more on experiences and less on stuff and tough competition all around, more retailers … [Read More...]
The 100-plus stores that J.C. Penney plans to close this year may not be its last.
Just two weeks after telling investors that the chain will exit as many as 140 locations this year, two Wall … [Read More...]
Amazon has started to roll out the first new language on Amazon.com since the original site's creation over 20 years ago.
A spokeswoman for the Seattle-based online retailer told CNET on Thursday … [Read More...]
The vast differences between Japanese and American fashion consumers can be boiled down to a matter of inches. Consider this: when Japanese e-commerce behemoth Start Today first launched its … [Read More...]
When Ron Johnson left Target in 2000 to join Apple as senior VP for retail, conventional wisdom held that a computer maker couldn’t sell computers. Johnson tossed out the retailing rule book and, … [Read More...]
Mary Beth West has been named senior vice-president and chief growth officer of The Hershey Co., effective May 1. In her new role, Ms. West will oversee Hershey’s growth strategy, including insights … [Read More...]
Earlier than originally planned, Lidl will open its first store this summer in Fredericksburg, Virginia, and will have a total of 20 stores operating by the end of the year in that state, North … [Read More...]