Archives for June 2016
Luxury department store reports decline in sales and profit16 Jun 2016
The combination of a cool spring and the continued pullback in luxury apparel spending took a toll on Neiman Marcus... Continue Reading
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U.S. May retail sales beat expectations; point to strong demand16 Jun 2016
U.S. retail sales rose more than expected in May as Americans bought automobiles and a range of other goods, suggesting... Continue Reading
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Macy’s to test store-in-store, customer-service initiatives at Easton site16 Jun 2016
From the lights to the flooring to the fixtures to the merchandise itself, Macy’s at Easton is “100 percent brand... Continue Reading
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Walmart shakes up International leadership16 Jun 2016
Wal-Mart Stores on Monday said that Sean Clarke would take over as CEO of its struggling Asda division in the... Continue Reading
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IRCE recap: Retailers have to be careful with dynamic pricing16 Jun 2016
Technology has given retailers new ways to adjust pricing, but dynamic pricing can be a double-edged sword and retailers need... Continue Reading
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Walgreens shuts 40 theranos outlets after ending partnership16 Jun 2016
Walgreens Boots Alliance Inc. said it has terminated its relationship with blood-testing startup Theranos Inc. and will close the company’s... Continue Reading
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Is Amazon the next looming battle for Kroger?16 Jun 2016
Kroger is aggressively expanding its ClickList service across markets in the U.S., allowing customers to order groceries online and pick... Continue Reading
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Supervalu to retain larger stake in Save-A-Lot after spinoff16 Jun 2016
Grocery store operator SuperValu would own 40 percent of Save-A-Lot’s outstanding shares after it completes a proposed spinoff of the... Continue Reading
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Why is Target Dropping Curbside Pickup?16 Jun 2016
In their never-ending quest to make the store shopping experience as seamless and painless as possible, an increasing number of... Continue Reading
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Ralph Lauren poaches Coach, Amazon execs as part of turnaround16 Jun 2016
Days after announcing its “Way Forward Plan” reorganizational plan, Ralph Lauren Corp. named three new senior executives who will help... Continue Reading
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