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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 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,…
Liza Landsman, president of Jet.com and recent Total Retail Top Women in Retail 2018 honoree, is leaving the company just a year-and-a-half after she was promoted to her current role. Wal-Mart acquired Jet.com for $3 billion in 2016. Landsman joined Jet.com in March 2015 in the role of chief customer officer, where she oversaw the company’s…
True philanthropy isn't a public relations tactic; it’s a genuine expression of contributing to a cause. Centennials — the generation following millennials — place heavy importance on philanthropy when choosing what businesses to support. The centennial generation will soon make up the majority of consumers, and their preferences can’t be ignored. If you’re involved in corporate…
Apparel retailer Nine West Holdings and its creditors are close to finishing a deal to restructure more than $1 billion of debt, which includes filing for bankruptcy and divesting parts of the business, Bloomberg reported Wednesday, based on conversations with people familiar with those talks. This strategy would include asset sales to pay off creditors, where Nine…
Home Depot is paying out one-time bonuses of up to $1,000 in cash to its hourly workers in the U.S., citing the recent tax overhaul. The home improvement retailer follows others doing the same, including Disney, Starbucks and Wal-Mart. Home Depot said Thursday that the one-time bonus will be distributed in the current quarter. Existing bonuses will…
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…
Total Retail and sister brand Women in Retail Leadership Circle (WIRLC) are proud to present our eighth annual list of the Top Women in Retail. This year's list features a who's who of top female executives in the retail industry. Take advantage of this opportunity to learn more about some of the brightest minds and leaders retail has to offer.
Total Retail and sister brand Women in Retail Leadership Circle (WIRLC) are proud to present our eighth annual list of the Top Women in Retail. This year's list features a who's who of top female executives in the retail industry. Take advantage of this opportunity to learn more about some of the brightest minds and leaders retail has to offer.
Total Retail and sister brand Women in Retail Leadership Circle (WIRLC) are proud to present our eighth annual list of the Top Women in Retail. This year's list features a who's who of top female executives in the retail industry. Take advantage of this opportunity to learn more about some of the brightest minds and leaders retail has to offer.
Total Retail and sister brand Women in Retail Leadership Circle (WIRLC) are proud to present our eighth annual list of the Top Women in Retail. This year's list features a who's who of top female executives in the retail industry. Take advantage of this opportunity to learn more about some of the brightest minds and leaders retail has to offer.
As those of us in the retail industry are aware, life can be very busy, and at times very chaotic, for regional and district managers — and that's an understatement. They're responsible for the correct, on-time and accurate execution of operational plans and directives across all stores. This includes overseeing the dozens and dozens of…
Abercrombie & Fitch Co. today announced that Arthur C. Martinez will step down as executive chairman of its board of directors at the end of its fiscal year, Feb. 3. Martinez planned to retire…
Apple yesterday announced a sweeping set of moves partially tied to the recent tax bill, including paying $38 billion in taxes from profits made overseas as required by recent changes to the tax law.; creating more than 20,000 new jobs at existing Apple campuses and a new corporate campus it plans to build; and pledging…
Total Retail and sister brand Women in Retail Leadership Circle (WIRLC) are proud to present our eighth annual list of the Top Women in Retail. This year's list features a who's who of top female executives in the retail industry. Take advantage of this opportunity to learn more about some of the brightest minds and leaders retail has to offer.
Wal-Mart and Jewel-Osco are joining the list of retailers making efforts to address the nation’s opioid epidemic.The big-box retailer says it will become the first national drug chain to offer a free opioid disposal option at all its pharmacy locations. The Chicago Tribune reports Wal-Mart hopes to limit abuse of prescription opioids by making it…
H&M says it has appointed a diversity leader after having been accused of racism over an ad showing a black child dressed in a hoodie reading “coolest monkey in the jungle,” reports The Seattle Times. The Swedish fashion retailer said late Tuesday on its Facebook page that the group's “commitment to addressing diversity and inclusiveness…
In a panel discussion yesterday afternoon at the National Retail Federation Big Show in New York City, Hubert Joly and Marvin Ellison, the CEOs of Best Buy and J.C. Penney, respectively, addressed the importance diversity and inclusion in the workplace can have not only on their own businesses, but all corporations. Joly and Ellison were…
Riding the wave of the best holiday shopping season in nearly a decade, retailers are optimistic about the prospects for a strong 2018. And economists share their enthusiasm. In a panel discussion yesterday at the National Retail Federation’s (NRF) Big Show in New York City, Jack Kleinhenz, chief economist for the NRF; Gad Levanon, chief…
Wal-Mart is planning to cut over 1,000 corporate jobs, The Wall Street Journal reported Friday citing sources. The layoffs, expected to be completed by Jan. 31, 2019, will focus largely on employees in its corporate headquarters in Bentonville, Ark., the report said. Wal-Mart, the country's largest private employer, has 1.5 million workers in the U.S. and 2.3…