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Walmart Names Kathryn McLay as Sam’s Club CEO16 Nov 2019
Veteran retail exec joins club chain after overseeing Neighborhood Markets. Walmart executive Kathryn McLay has been promoted to president and... Continue Reading
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Uber’s New Strategy Mimics Asian Super Apps Grab and Gojek15 Nov 2019
Uber’s story of late is a classic illustration of when the mentor becomes the mentee. In recent months, the global... Continue Reading
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Walmart CEO: eCommerce isn’t Living up to its Potential (Yet)15 Nov 2019
When Walmart reported earnings Thursday (Nov. 14), it managed to extend one of retail’s more impressive growth streak — 21... Continue Reading
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Albertsons Has New Plans For Plated14 Nov 2019
Meal kit banner to join Own Brands roster with end of subscription service. Just over two years after its acquisition... Continue Reading
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With Gap Inc.’s CEO Out and Sales Falling, Who Will Turn The Company Around?14 Nov 2019
In September, Gap Inc.’s CEO Art Peck hosted an analyst day to sell the decision to spin-off Old Navy to... Continue Reading
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Nike is Breaking Up With Amazon14 Nov 2019
Nike Inc. is breaking up with Amazon.com Inc. The athletic brand will stop selling its sneakers and apparel directly on... Continue Reading
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Walgreens Edges Close To Going Private13 Nov 2019
Reports out indicate that Walgreens Boots Alliance is considering an offer from private equity firm KKR & Co. to take... Continue Reading
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Gap’s Old Navy Spinoff Still On Track13 Nov 2019
Gap Inc., No. 28 in the Internet Retailer 2019 Top 1000, said it’s moving forward with a planned spinoff of... Continue Reading
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It Could Get Worse for One of The Worst-Performing Retailers, Traders Say12 Nov 2019
One of the worst-performing retail stocks this year just broke down even more. Gap shares tumbled more than 7% on... Continue Reading
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Amazon Is Opening Another Grocery Store Chain12 Nov 2019
Amazon is doubling down on the grocery game. The retail giant has posted job listings for “Amazon’s first grocery store”... Continue Reading
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