Melissa Campanelli

Melissa Campanelli
J.Crew, WeWork Enter Partnership

WeWork Companies is launching a partnership with J.Crew to host a panel discussion series at select WeWork locations in New York City, San Francisco, Atlanta and Philadelphia. As part of the partnership, these venues will also sell merchandise from J.Crew’s spring collection at pop-up shops that offer discounts to WeWork members. The events aim to bring together professionals…

Walmart Restructuring Store Management Positions

Walmart announced this week that it is eliminating two department manager positions in some of its 4,700 U.S. stores, including managers who oversee cellphone departments and online grocery pickup areas, in a new restructuring plan, The Wall Street Journal reported yesterday. The stores facing cuts either have lower sales in those departments or are increasingly…

NRF Forecasts Retail Sales to Grow 4% in 2018

The National Retail Federation (NRF) forecasts retail industry sales will grow between 3.8 and 4.4 percent year-over-year, according to its 2018 economic forecast. Online and other nonstore sales, which are included in the overall number, are expected to increase between 10 percent and 12 percent. The numbers exclude automobiles, gasoline stations and restaurants. Retail sales grew…

Amazon Launching Delivery Service to Rival UPS, FedEx

Amazon.com is preparing to launch a delivery service for businesses, positioning it to compete directly with UPS and FedEx, according to a Feb. 9 Reuters report. Dubbed "Shipping with Amazon," or SWA, the new service will enable the online retail giant to pick up packages from businesses and ship them to consumers. Amazon will roll out…

Walmart Acquires Virtual Reality Company

Walmart has acquired virtual reality (VR) company Spatialand, which will act as the centerpiece of the retail giant's VR efforts. Spatialand makes software tools that let creators transform content into immersive VR experiences. The startup worked with Walmart’s technology incubator, Store No. 8, on a project last year, and has now been acquired by that group,…

A Q&A With Christena Reinhard, President and Founder, Union & Fifth

We will be featuring Women in Retail Leadership Circle members, advisory board members and ladies who lead in Inner Circle Q&As over the next several months. The interviews will highlight what makes our community so special, from their leadership styles to their favorite vacation spots and everything in between. This week’s Q&A is with Christena Reinhard, president and founder of Union & Fifth.

eBay Partners With Mashable to Launch ‘Shoppable’ Images

eBay announced last week a collaboration with media and entertainment company Mashable to create “shoppable” stories across the U.K. and U.S. According to a post on the eBay blog, the pilot partnership lets Mashable’s audience use eBay to shop, browse and purchase products matching those featured on the news site without ever leaving the Mashable site. More…

Bon-Ton Files for Bankruptcy Protection

Bon-Ton Stores said yesterday that it has filed for Chapter 11 bankruptcy protection. The regional department store chain, which has dual headquarters in Milwaukee and York, Pa., is currently engaged in discussions with potential investors and debt holders regarding a financial restructuring plan, which may include a sale of the company or assets. Bon-Ton has  received a commitment…

Wal-Mart Sued Over Policy of Locking Up Specific Beauty Products

A woman in California has filed a lawsuit against Wal-Mart over claims the company keeps products primarily used by African-Americans inside a locked glass case. Essie Grundy told reporters in Los Angeles on Friday that she felt humiliated and discriminated against when on three occasions this month she had to ask a store employee at…

Sears Lays Off 220 Employees at its Corporate Headquarters

Sears Holdings, parent company of Sears and Kmart, has laid off 220 employees primarily at the company's corporate headquarters in Hoffman Estates, Ill., effective immediately. The job cuts impacted various business units and roles across the retail organization, a spokesman told CNBC. The moves are part of the department store chain's ongoing restructuring plan, announced earlier this month,…

Wal-Mart to Fine Suppliers for Late Deliveries

Wal-Mart will require suppliers to deliver more goods to warehouses exactly on time or face fines, another step in the retailer’s efforts to keep inventory low and shelves stocked as it battles with Amazon.com. More specifically, Wal-Mart executives plan to announce at an annual conference this week that large suppliers fulfill orders within a specified one- or two-day…

Ikea Founder Ingvar Kamprad Dies at 91

Billionaire Ikea founder Ingvar Kamprad, who turned a business he launched as a teenager into one of the world’s best-known furniture brands, has died at the age of 91, the Swedish company said on Sunday. Born on March 30, 1926, in southern Sweden, Kamprad started off selling matches to neighbors at the age of five…

Staples Replacing CEO Shira Goodman With Former Coca-Cola Exec

Staples announced Friday that it's replacing Shira Goodman, its current chief executive officer, with J. Alexander (Sandy) Douglas, who most recently was president of Coca-Cola North America. The move takes place less than a year after private equity firm Sycamore Partners acquired control of the office products retailer. At Coca-Cola, Douglas led the $10 billion revenue business,…

Toys“R”Us to Shutter a Fifth of its US Stores

Toys“R”Us said yesterday that it will close about one-fifth of its stores in the United States in the coming months, as the toy store chain tries to emerge from one of the largest ever bankruptcies by a specialty retailer. The closure of about 180 U.S. stores,  a move that still needs court approval, will begin in early February…

Starbucks to Boost Worker Pay, Benefits Due to New Tax Bill

Starbucks announced today that it will use some of the savings from the new U.S. corporate tax cuts to give domestic employees pay raises, company stock and expanded benefits with a combined worth of more than $250 million for more than 150,000 employees. More specifically, Starbucks’ plan will include the following: In April, all eligible U.S. hourly…