Leadership

Fashion brand Michael Kors Holdings Ltd. is close to a deal to buy Italian fashion house Gianni Versace SpA for around $2.35 billion, people familiar with the matter told Reuters on Monday. The move would put one of the glitziest names in high fashion in the hands of a budding U.S. conglomerate better known for affordable luxury.…

Effective leaders articulate a vision, create an environment in which people can succeed, hire the best talent for the tasks at hand, give them support and tools, instill their importance as part of the organization, and simply GET OUT OF THE WAY.

This is an excerpt from an interview conducted with best friends Jeanne Foley and Diana Ganz, co-founders of The Groomsman Suit, an online retailer that sells affordable groomsmen suits that cost less than a rental tuxedo. Foley and Ganz were recognized by Total Retail as entrepreneurs that are disrupting the traditional retail industry. For the…

Many of the organizational research reports argue that the best managers/leaders empower their people and focus more on giving them the tools to do their jobs rather than telling them exactly how to manage the tasks at hand. This is common sense but not quite as easy to implement as it is to proclaim. We've…

Total Retail is excited and proud to bring you its fourth annual Game Changers issue, sponsored by Emarsys. The goal of this issue is to highlight the entrepreneurs and startup businesses that are disrupting the traditional retail industry, whether it be it through digital innovation, unique product, enhancements to the supply chain, or a multitude of other…

Alibaba announced on Monday that Jack Ma will step down as chairman of the board of the $420 billion e-commerce company on Sept. 10, 2019. At that time,  which is Alibaba’s 20th anniversary, Ma will be replaced by current CEO Daniel Zhang, an 11-year veteran of the company. Alibaba said Ma will continue as executive chairman over the next 12 months…

At the core of Trader Joe’s “modus operandi” is a focus on simplicity, better value and a fun shopping experience. The grocery retailer's success factors are there for everybody to observe and copy, yet nobody has been able to do so successfully. The company's founder, Joe Coulombe, was asked in 2006 by Coriolis Research if…

Women CEOs in all industries — including retail — worked harder and longer than their male counterparts to get to the top, according to a study of current and recent women CEOs conducted by Korn Ferry. The study found women CEOs were four years older, on average, than their male counterparts, and worked in a slightly higher number of roles, functions, companies and industries before getting the top job.

Best Buy announced last week that it will pay $800 million to acquire GreatCall, a company that offers health and medical-alert services to 900,000 older Americans. GreatCall offers seniors several products, including portable medical-alert devices and easy-to-use mobile phones, that provide access to urgent-response teams, doctors and nurses, as well as offer reminders to take medications. The acquisition…

Two women have filed a class-action lawsuit against Nike Inc., alleging it discriminated against them in pay and career advancement, according to a report in Friday's Wall Street Journal. The suit was filed Thursday in the U.S. District Court in Portland, Ore., by two former employees, Kelly Cahill and Sara Johnston, who said that they endured a…