Melissa Campanelli

Melissa Campanelli
‘As Retail Goes, So Goes America,’ VP Pence Tells Retailers

Vice President Mike Pence told a crowd of retail leaders in Washington, D.C. on Tuesday that the best days for American retailers are ahead, according to a National Retail Federation (NRF) report. “I want to assure you that our president knows as retail goes, so goes America,” Pence told the audience of retailers at the…

Food and Jewelry: A Match Made in Heaven

I always love to learn about unique partnerships in the retail space, and I recently heard about one that involves two of my faves — food and jewelry — so I thought I’d share it with you. The partnership, which launched in June, is between online jewelry retailer BaubleBar and FoodKick by FreshDirect, an on-demand business…

The Amazon Effect: E-Commerce Sales Are Up for Retailers

Despite the rise of Amazon.com (or perhaps because of Amazon and the theory that a rising tide lifts all boats), more than a third of retailers (34 percent) in a recent Total Retail and IBM survey said their e-commerce sales have increased by 5 percent or more over the last two years. The report, "The…

True Value Considers Sale

True Value Co. is considering a sale that could net the home improvement chain about $800 million, according to a recent report by Bloomberg. The company is reportedly working with an investment bank to examine strategic options, including a sale. The process is expected to attract private equity firms. No final decision has been made…

Back-to-School Spending to Reach $83B This Year

Total spending for K-12 and college is expected to reach $83.6 billion, up from last year’s $75.8 billion, according to the National Retail Federation’s annual back-to-school spending survey, conducted by Prosper Insights and Analytics. Here’s how the spending breaks down: Families with children in elementary school through high school plan to spend an average of $687.72 each, for…

Sears Holdings to Close More Sears, Kmart Stores

In a blog post published Friday afternoon, Eddie Lampert, chairman and CEO of Sears Holdings, announced plans for the retailer to shutter more of its stores. The department store chain, which operates the struggling Sears and Kmart stores, will close eight more Sears locations and 35 Kmart stores, as the company "continue[s] to focus on [its]…

Retailers Mixed on Competing With Amazon for Prime Day

As Amazon.com gears up for Tuesday's Prime Day — a sales event exclusively for Amazon Prime members — other retailers are deciding whether to counter the online leader with their own discounts, deals and free shipping offers. Wal-Mart, Target and Lowe's, for example, are among the big names who are skipping Prime Day this year. However, J.C. Penney,…

The Amazon Effect: How Retailers Are Adapting to Compete

Amazon.com is clearly disrupting the retail industry, both online and offline, and its influence only continues to grow. The question is, how do retailers not only compete with Amazon, but also beat it? To find out, Total Retail, in conjunction with IBM, a leading digital commerce platform provider, surveyed its audience with the goal of…

Reports of Retail’s Death Are Greatly Exaggerated

I don’t know about you, but I’m tiring of the seemingly daily headlines declaring the death of U.S retail. Yes, it’s true many retailers are suffering from declining traffic and sales, burdensome store leases, and rising costs. However, the eternal optimist that I am, I tend to think that everything is cyclical and retail will…

Office Depot to ‘Take Care of Business’

Office Depot announced today that it has launched a new advertising campaign using the “Taking Care of Business” theme, which it first used in 2009. The campaign again centers around the song, “Takin’ Care of Business,” which Office Depot said tested well in a survey of 2,000 shoppers that included small business owners, contract supply…

Wal-Mart Not Considering Whole Foods Offer

Wal-Mart Stores Inc. is not actively considering making an offer for Whole Foods Market Inc, according to report from Reuters on Friday. Whole Foods, which accepted a $13.7 billion offer from Amazon.com earlier this month, hasn't received any rival bids as of Friday. Last week, Wall Street analysts expected a rival offer for Whole Foods…

Sears Closes 20 More Stores

Sears Holdings Inc. is closing another 20 stores on top of recently announced closings, bringing to total store closures to 260 this year. The latest closures include 18 Sears stores and two Kmart locations, according to a regulatory filing on Friday by real estate investment trust Seritage Growth Properties, which was spun off by Sears…

Marvin Ellison Manages Work/Life Balance by Planing Ahead

Marvin Ellison, CEO and chairman of J.C. Penney, was honored at the Father of the Year Awards last week in New York City. In this video from the event, Ellison talks with Total Retail's Melissa Campanelli about what family time means to him and how he achieves work/life balance.

Nike to Cut 1,400 Jobs

Nike said last week it will cut about 1,400 jobs, or 2 percent of its workforce worldwide as part of a new strategy to sell products more directly to customers. The Beaverton, Ore.-based company, which has 70,700 employees worldwide, including retail and part-time employees, also plans to reduce its number of product lines by 25…

Casper Raises $170 Million, May File IPO

Fast-growing online mattress retailer Casper is set to announce today that it has raised $170 million and is planning an initial public offering at some point in the future, according to the The New York Times. The report said Casper's $170 million funding was led by Target, which earlier this year began selling Casper mattresses, pillows…