Melissa Campanelli

Melissa Campanelli
CMOs the Shortest Tenured Professionals, Study Finds

Chief marketing officers are the shortest-tenured C-suite professionals, at least according to a recently released report from people and organizational advisory firm Korn Ferry. By contrast, CEOs are the longest-tenured C-suite professionals. The report featured data from a survey conducted by the Korn Ferry Institute of the top 1,000 U.S. companies by revenue. The survey…

Kroger's E-Commerce Division Growing Brick-and-Mortar Jobs

Since launching its ClickList service, which allows grocery shoppers to order online and have their purchases bagged and loaded when they arrive at stores to pick them up, Kroger has added 25 to 35 new jobs at each store offering the service, according to the company. The Cincinnati-based chain has started more than two dozen…

Sunrise Brands Bids for The Limited

Clothing firm Sunrise Brands LLC has bid for the e-commerce business and intellectual property of bankrupt U.S. retailer The Limited, challenging a $26.3 million offer from private equity firm Sycamore Partners. The Limited was forced to close its 250 brick-and-mortar stores earlier this year and filed for bankruptcy last month, with Sycamore Partners as the initial…

MC Sports to Close All 68 Stores After Liquidation Sales

Michigan Sporting Goods Distributors, which operates 68 sporting goods stores in seven Midwestern states, has begun store liquidation sales at its MC Sports, MC Sporting Goods, MC Sport Outdoors Centers and Traverse Bay Tackle stores. The company plans to close all of its stores after the liquidation sales. The sporting goods chain filed for Chapter 11…

Amazon Quietly Lowers its Free Shipping Minimum to $35

Over the weekend, Amazon.com quietly reduced its free two-day shipping minimum rate for non-Prime subscribers to $35. Amazon confirmed the change on its shipping guidelines and options page. Amazon's free shipping rate has gone up and down over the years. The free shipping minimum has been as low as $25 in the past, and was…

Does Your Age Impact Your Salary?

Have you ever wondered whether how old you are affects your salary as a retail professional? Well, according to Total Retail’s first annual Salary Benchmark Report, it certainly does. The report, which was produced after compiling 660 responses to questions around job compensation from Total Retail's audience last June, found that, on average, the older…

Sears, Kmart Join Other Retailers Dropping Trump-Branded Items

Sears Holdings, the company that owns retail chains Sears and Kmart, reportedly said this weekend that it would remove 31 Trump-branded items from its website. The move makes Sears the latest retailer to ditch products bearing the Trump name. In the past week or so, Nordstrom, Neiman Marcus and Belk stopped selling Ivanka Trump's branded…

J.Jill Files for an IPO

Women’s fashion retailer J.Jill filed for an initial public offering (IPO) Friday, seeking to raise $100 million in the offering, but noting that the figure is a placeholder and could change. This isn't the first time J.Jill has filed for an IPO; the company went public under a different name in the 1990s, rapidly expanding…

Whole Foods Closing 9 Stores

Whole Foods Market said last week it's closing select stores after posting its sixth straight quarter of same-store sales declines. The company will be closing nine stores and its last two remaining commissary kitchens in the current quarter. It also terminated two leases. Reportedly, the majority of the stores slated for closure were smaller, older acquisitions and…

GNC May Sue Fox Over Yanked Super Bowl Ad

GNC, the vitamin and supplement retailer, is preparing to pursue legal action against Fox Broadcasting, claiming that it suffered "significant economic and reputational damages, lost opportunities, and consequential damages" because the network rejected the brand's first-ever Super Bowl ad after initially clearing it. According to reports, the network sold GNC a 30-second spot during the…

Tiffany Drops CEO

Tiffany & Co. abruptly replaced Chief Executive Officer Frederic Cumenal after disappointing financial results, just hours before the jewelry chain introduced a new campaign with the first Super Bowl ad in its history. Cumenal, who had run the company since April 2015, is being succeeded on an interim basis by chairman and former CEO Michael…

bebe to Close 25 Stores in 2017

bebe stores, inc. said it will not open any stores in 2017 and will close up to 25 bebe and outlet stores, decreasing total store square footage by 16 percent. The company made the disclosure last Thursday when it posted second-quarter results for sales at its stores. The retailer said Q2 same-store sales fell 10.5 percent,…

Unity Among Leadership Fuels Business Growth, Study Shows

Did you know that companies with leaders who are united under a singular vision, purpose and aspiration develop more effective succession pipelines and, thus, drive business growth? Well, it's true, at least according to a new study from human resources consultancy Aon Hewitt called "People Fuel Growth." The study surveyed chief human resource officers from more than…

Stein Mart Names New President

Stein Mart, Inc. announced this week the appointment of MaryAnne Morin as president of the company, with responsibility over merchandising and marketing. In addition to merchandising and marketing, Morin will be responsible for Stein Mart's planning, advertising and e-commerce organizations when she assumes her new position on Feb. 6. She has extensive merchandising experience, most…

Walgreens-Rite Aid Deal Delayed, Price Lowered

Walgreens Boots Alliance and Rite Aid are revising their proposed merger, cutting it back more than $2 billion from the original purchase price and pushing the closing date back six months while they await regulatory approval. The tentative deal, which was supposed to close Friday, is now scheduled to close July 31 to give the…