Management
June 21, 2023 at 10:13 am
About 340,000 UPS workers who make up the Teamsters union for the company voted overwhelmingly on Friday to strike if their demands for higher wages, more full-time jobs, increased workplace safety and a ban on forced overtime aren't met by July 31 in a new contract. The current contract between the shipping company and the…
June 19, 2023 at 1:42 pm
Retail sales rose again in May as consumers continued to spend despite economic challenges, the National Retail Federation (NRF) said last week. NRF’s calculation of retail sales -- which is based on U.S. Census Bureau data but excludes automobile dealers, gasoline stations and restaurants to focus on core retail -- showed overall retail sales in…
June 7, 2023 at 8:39 am
Winning an industry award is like earning special recognition that can make a big difference for retailers. It's not just a shiny trophy on a shelf; it has the power to boost a brand's reputation and increase sales. When a retailer wins an award, it exemplifies being trustworthy, reliable and respected. Customers look for these…
June 6, 2023 at 4:43 pm
Bed Bath & Beyond is in talks to sell its Buybuy Baby chain to retail investment firm Go Global Retail, The Wall Street Journal (WSJ) reported on Monday, citing people familiar with the matter. Go Global Retail owns children's clothing brand Janie and Jack and womenswear label ModCloth, which it acquired from Walmart. It primarily invests…
May 25, 2023 at 4:31 pm
In this episode of Retail Right Now, Total Retail's Joe Keenan and Marie Albiges discuss Total Retail’s latest research report, the 2023 version of the annual Top 50 Fastest-Growing Retailers. The list ranks publicly traded U.S.-based retailers based on their year-over-year (YoY) net sales growth for the most recent fiscal year reported on. Topping the rankings is Boot…
May 25, 2023 at 11:04 am
The retail industry is a marathon, not a sprint. While retailers and brands can’t risk falling behind their competitors in the short term, they also must plan for the long haul. To achieve this, investments must be made in areas that improve customer retention and conversion and reduce operational costs over the long term. However,…
May 17, 2023 at 3:42 pm
Two years after unveiling its clinical trial services in an attempt to reinforce its presence in the world of healthcare, CVS Health is shutting it down, Fierce Healthcare reported Monday. A CVS spokesperson told Fierce Healthcare it routinely reviews its portfolio to ensure its assets are "aligned with our long-term strategic priorities." The company will wind…
May 10, 2023 at 5:45 pm
In this bonus episode of Total Retail Talks, Total Retail's Kristina Stidham and Joe Keenan discuss Total Retail's recently released research report, the 2023 version of the annual Top 50 Fastest-Growing Retailers report. This report was produced in conjunction with Saddle Creek Logistics Services. Listen in as Keenan shares why Total Retail produces this report each…
May 8, 2023 at 6:07 pm
Former Nike executive Blanca Gonzalez has been named senior vice president and general manager of Foot Locker’s WSS banner, effective May 15. Foot Locker acquired WSS, a U.S.-based athletic footwear and apparel retailer that primarily operates on the West Coast and focuses on serving Latino communities, for $750 million in September 2021. Formerly known as Warehouse Shoe Sale, WSS…
April 27, 2023 at 4:06 pm
Gap will lay off about 1,800 employees, more than three times as many as the 500 layoffs it announced in September, as part of a broad effort to cut costs and streamline operations, the company said Thursday. The layoffs will affect roles at Gap’s headquarters locations along with upper field positions, or workers such as regional…
