Leadership

Albertsons and Rite Aid Call Off Merger Agreement
August 9, 2018 at 10:12 am

Albertsons Companies and Rite Aid Corp. announced on Wednesday that they are calling off their merger agreement. The $24 billion deal, announced in February, has faced opposition from a number of investors as well as top-10 shareholder Highfields Capital Management. Critics have argued the deal provides Albertsonsโ€™ private-equity owner, Cerberus Capital Management, a vehicle toโ€ฆ

The 2 โ€˜Wโ€™sโ€™ of Retail Reinvention
August 7, 2018 at 10:06 am

Todayโ€™s competitive physical and online marketplaces have pushed retailers to perform at a higher level in order to turn casual shoppers into loyal, returning customers. The quest to draw customers in, give them the best possible experience and keep sales revenue healthy has turned retailers towards the importance of reinvention. In fact, reinvention is theโ€ฆ

How to Survive in the Age of Amazon
August 1, 2018 at 11:01 am

Almost every day Amazon.com makes some announcement about a new innovation or new initiative that will help the company continue to dominate the retailing industry. All of this success has made Jeff Bezos the richest man in the world! Does the growth of Amazon and other online retailers signal the end of traditional brick-and-mortar retail?โ€ฆ

The Role of Luck in a Leader's Success, Part 2
July 19, 2018 at 10:59 am

Luck does not just happen but taking advantage of situations with a new or challenging perspective can lead to luck. Parents of the Baby Boomer generation came out of a major Depression and World War II. Those were difficult times yet people, particularly in the Western world, emerged from the 1940โ€™s with incredible optimism and โ€œhopeโ€ for a better life.

The Role of Luck in a Leader's Success, Part 1
July 9, 2018 at 10:54 am

In 2015, the Harvard Business Review ranked Lars Sorensen, CEO of Novo Nordisk, as the best-performing CEO in the world for that year. When most CEOs are asked what makes them and their companies successful, they usually point to a brilliant strategy with hard-nosed, diligent execution and great leadership. Not Mr. Sorensen. When asked whatโ€ฆ

Digital Native Brand Marine Layer Embraces Brick-and-Mortar for Growth
July 9, 2018 at 10:53 am

In episode 153 of Total Retail Talks, Adam Lynch, co-founder and chief operating officer of Marine Layer, discusses the San Francisco-based apparel brand's growth from an online startup into an omnichannel retailer. Lynch details how Marine Layer is trying to differentiate itself in the crowded apparel space through unique and quality product, engaging in-store shoppingโ€ฆ

How Burrow is Disrupting the Traditional Retail Furniture Business
July 2, 2018 at 9:34 am

In episode 152 of Total Retail Talks, Stephen Kuhl, co-founder and CEO of Burrow, discusses the startup furniture brand's approach to disrupting the traditional retail furniture business. Kuhl addresses how Burrow is differentiating itself in the increasingly crowded online category, why he believes the future of the furniture industry is direct to consumer, his topโ€ฆ

New Survey Reveals Retail's Gender Wage Gap
June 26, 2018 at 12:17 pm

Total Retail recently released its 2018 Salary Benchmark Report, which offers retail employees and employers a comprehensive look into salary trends within the industry. A survey sent to Total Retail's audience yielded some interesting data regarding the salaries and financial benefits of today's retail executives, perhaps none more so than the difference in total compensationโ€ฆ

Top Women in Retail Share Their Leadership Tips
June 13, 2018 at 1:17 pm

In the video below, a trio of this year's Top Women in Retail honorees โ€” Carrie Ask, executive vice president and president, global retail, Levi Strauss & Co.; Paula Bennett, former CEO of J.Jill; and Shea Jensen, senior vice president, customer experience, Nordstrom โ€” share their advice on leadership and the top trends in retail at the fifth annual Women in Retail Leadership Summit this past April in Miami. If you're a WIRLC member, you can check out all of this year's inspiring keynotes here.

Howard Schultz to Step Down as Starbucks Executive Chairman
June 6, 2018 at 1:38 pm

Howard Schultz, Starbucks executive chairman and former CEO credited with the brand's extreme growth, is stepping down from his position at the end of the month โ€” with an eye toward a potential career in politics. The New York Times reports that while Mr. Schultz, 64, typically bats away speculation about his political ambitions with anโ€ฆ