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Serta Simmons Sues Bob's Discount Furniture
September 28, 2017 at 1:23 pm

Serta Simmons is suing Bob's Discount Furniture for false advertising. The Chicago Tribune reports the lawsuit, filed last week in Chicago, alleges Bob’s took a mattress comparison too far when it said its Black Label Gel mattresses had essentially the same components as Simmons’ Beautyrest Black mattresses, except for the “fancy logo” and the price.…

Kohl's CEO to Retire After 35 Years With Company
September 27, 2017 at 11:58 am

Kevin Mansell, CEO of Kohl’s, will retire in May 2018 after serving 35 years with the department store. Mansell will be succeeded by Chief Merchandising and Customer Officer Michelle Gass, who spent nearly two decades working at Starbucks and began her career with Procter & Gamble. Additionally, Kohl's said it tapped Sona Chawla, its chief operating…

Bass Pro Shops Completes Acquisition of Cabela's
September 27, 2017 at 11:55 am

Bass Pro Shops and Cabela’s finalized their merger this week, announcing the completion of a $4.2 billion deal to combine the two outdoor retailers. Springfield, Missouri-based Bass Pro Shops, which also owns boat maker White River Marine Group and outdoor-themed resorts, has said it will continue to operate Cabela’s as a standalone brand. The deal…

Target to Raise Minimum Wage for Thousands of Employees
September 26, 2017 at 10:58 am

Target is giving thousands of its employees a raise. The retailer announced this week that it will start raising its minimum wage next month to $10 an hour, and will eventually raise it to $11 an hour for all U.S. stores. "Target has always offered market-competitive wages to our team members," Brian Cornell, Target’s CEO,…

Despite Bankruptcy, Toys“R”Us Hires Seasonal Workers
September 25, 2017 at 10:01 am

Toys“R”Us, Inc., the U.S. toy retailer that filed for bankruptcy protection last week, said on Thursday it is hiring part-time seasonal workers to staff its stores for the holidays, including for a new position of toy demonstrator. The toy chain didn't disclose the number of people it planned to hire nationwide, though its announced openings for seasonal…

Sam's Club to Eliminate 700 Positions
September 25, 2017 at 9:52 am

A spokesman for Sam's Club, the retail warehouse division of Wal-Mart Stores Inc., confirmed that it's eliminating 700 positions at its U.S. clubs as the company continues to explore ways to control costs and improve efficiency in its operations. Jobs to be eliminated include club-level accounting employees, whose jobs Sam's Club is automating. The employees affected by…

Albertsons Buys Meal Kit Company Plated
September 22, 2017 at 11:30 am

On Wednesday, Albertsons announced that it had acquired meal kit service Plated. CNBC reports the move represents the first in what figure to be many for the 2,300-store grocer as it looks to fortify its business to compete with the Amazon.com/Whole Foods merged entity. "This transaction is the latest example of Albertsons meeting our customers…

Wal-Mart, Target Join Apple in Call for ‘Dreamer’ Legislation
September 21, 2017 at 12:00 pm

On Wednesday, Wal-Mart Stores Inc., Target Corp. and PepsiCo Inc. joined a group of nearly 800 companies calling for U.S. legislation to protect immigrants brought into the country illegally by their parents from deportation. Reuters reports the retailers and other companies are asking Congress to pass a permanent replacement for DACA, Deferred Action for Childhood…

Anyone Thinking About Tolerance and Empathy in the Workplace?
September 20, 2017 at 3:56 pm

It may seem to be something of a cliché, but it's nonetheless true: now that communication is driven by social media and technology, many feel they can “say” anything that's on their mind, no matter how politically incorrect (a popular expression these days) the message may be. This is an issue that really touches all…

Game Changers: Jen Rubio and Stephanie Korey, Co-Founders, Away
September 20, 2017 at 3:14 pm

This article originally appeared in the cover story of Total Retail’s Summer issue, Game Changers. Total Retail is the sister publication of Women in Retail Leadership Circle. Total Retail: Where did you get the inspiration to launch your company? Jen Rubio: My old suitcase broke during a trip, and while looking for a replacement, I…

A Chat With Cindy DiPietrantonio, President of Alex and Ani, Part 2
September 20, 2017 at 12:28 pm

This article originally appeared in Total Retail's sister publication, Inner Circle, the Women in Retail Leadership Circle's weekly e-newsletter. Here's part one of this two-part interview. We’re excited to share part two of our interview with Cindy DiPietrantonio, president of Alex and Ani, an omnichannel retailer of…

Office Depot Names Jerri DeVard as EVP, Chief Marketing Officer
September 20, 2017 at 12:22 pm

Office Depot Inc. has named Jerri DeVard as executive vice president and chief marketing officer. DeVard will lead the strategy for furthering Office Depot’s brand positioning and oversee the integration of all marketing and communications initiatives. She will be responsible for driving the growth and implementation of strategic marketing activities that build brand equity and…

Dollar Tree Promotes Gary Philbin to CEO
September 20, 2017 at 12:15 pm

Dollar Tree announced that Gary Philbin was promoted to chief executive. Philbin joined Dollar Tree as senior vice president of stores in 2001, and was named chief operating officer six years later. He was appointed enterprise president earlier this year with responsibilities for both the Dollar Tree and Family Dollar chains of stores. Philbin succeeds…

Wal-Mart to Rely on Permanent Workers for Holiday Season Rush
September 20, 2017 at 9:52 am

Rather than hiring seasonal workers, Wal-Mart is offering its permanent employees the opportunity to work extra hours during the upcoming holiday season. "These extra hours will help staff traditional roles like cashier and stocker, and newly created technology-empowered positions such as personal shoppers and pickup associates," Judith McKenna, Wal-Mart's chief operating officer, said in a…

Walgreens Gets Regulatory Approval to Buy Rite Aid Stores
September 19, 2017 at 10:11 am

In its fourth attempt, Walgreens Boots Alliance clinched regulatory approval for a deal to buy Rite Aid Corp. stores after a last-minute reduction of the number of stores and price. The Deerfield, Ill.-based drugstore chain said Tuesday it secured clearance for a revised deal under which it will buy 1,932 Rite Aid stores for $4.38 billion.…

Toys"R"Us Files for Bankruptcy; Stores to Remain Open
September 19, 2017 at 9:52 am

Toys“R”Us, one of the world’s largest toy store chains, has filed for bankruptcy protection, becoming the latest casualty of the pressures facing brick-and-mortar retailers. The company made the Chapter 11 bankruptcy filing late Monday night in federal court in Richmond, Va., acknowledging that it needed to revamp its long-term debt totaling more than $5 billion. Toys"R"Us said…

Aerosoles Files for Chapter 11 Bankruptcy Protection
September 18, 2017 at 3:22 pm

AGI HoldCo, Inc., a multichannel women's footwear brand doing business as Aerosoles, filed for Chapter 11 bankruptcy protection on Friday with a plan to close 95 percent of its 78 stores and focus on its wholesale, e-commerce and international businesses. Aerosoles blamed its bankruptcy on declining mall traffic, significant industrywide price markdowns and a shift…

Experiential Retail Chain, Pirch, Shuttering Most of its Stores
September 14, 2017 at 10:35 am

Pirch is planning to shutter most of its locations as it overhauls operations. The high-end appliance and kitchen chain has been praised for its innovative retail experiences, including in-store chefs and try-before-you-buy mentality. Despite just opening up its Austin, Texas location in early May, Pirch is shuttering the storefront. In addition to the Austin location, Bloomberg reports…

eTail East: Summertime and the Living Was Easy
September 14, 2017 at 9:08 am

A sunny, 85-degree day in August. For most people, that meant heading to the beach for one last summer getaway. For the retail world, it signaled another eTail conference in Boston. This year’s eTail East featured content that should help attending retailers make the most of the upcoming 2017 holiday shopping season. Throughout the conference,…

3 Steps to Avoid a Fashion Founder’s Fumble
September 13, 2017 at 4:53 pm

It’s clear that competition in the fashion and apparel business is as brutal as any. Every organization is faced with a changing retail environment, the impact of the internet, pressure on margins, and challenges of becoming efficient in every aspect of the business. It’s not surprising that these businesses are increasingly finding it necessary to…