Management

Fabletics Plans to Open 75 New Stores in Global Push
July 11, 2018 at 11:36 am

Fabletics, Kate Hudson's athleisure brand, is planning to open 75 new stores globally, quadrupling its footprint to 100 stores. "We are a digitally native company, so we've been able to really understand our customers — what they want, where they reside," Hudson told CNBC. "At a time when people are very nervous about retail, [our…

Report: Amazon Planning Holiday Toy Catalog
July 6, 2018 at 11:42 am

Amazon.com is planning to publish a holiday toy catalog in an effort win the toy business that has come up for grabs after the demise of Toys“R”Us, according to a report in Bloomberg. People familiar with the strategy told Bloomberg that the catalog will be mailed to millions of U.S. households and handed out at Whole Foods locations, the grocery…

An Analysis of Total Retail's 2018 Salary Benchmark Report
July 6, 2018 at 10:06 am

In this week's episode of Retail Right Now, Total Retail's Caitlin Sullivan and Joe Keenan discuss key findings from the 2018 Salary Benchmark Report. This resource can be of help to both retail employees as well as employers as they look to negotiate fair and competitive compensation packages. Download the report today to empower yourself with…

Barnes & Noble Fires CEO for Violating Company Policies
July 5, 2018 at 10:26 am

Barnes & Noble has fired its CEO Demos Parneros for violating company policies. The company's statement didn't indicate exactly which policies were violated, however, it did note that Parneros’ termination "is not due to any disagreement with the company regarding its financial reporting, policies or practices or any potential fraud relating thereto." Parneros will not receive…

It's Not About the Title: Report Finds VPs Get Best Compensation Packages in Retail, Not CEOs
July 3, 2018 at 11:49 am

Last month, Total Retail released its 2018 Salary Benchmark Report, offering retailers and employees insight into the compensation packages of today's retail executives. The report was based on a survey sent to Total Retail's audience, which yielded some interesting insights about the salaries of retail executives, including that a higher title doesn't always equate a…

Process Management: Propelling Businesses Towards GDPR Compliance
June 27, 2018 at 12:12 pm

The General Data Protection Regulation (GDPR) is a popular topic among businesses around the globe. The law was originally introduced and adopted into place on April 27, 2016, and allotted a two-year post-adoption grace period for businesses to meet compliance regulations. The formal enforcement date for fining non-compliant organizations took effect on May 25, 2018. Through…

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 compensation…

Starbucks to Close 150 Stores Next Year
June 20, 2018 at 1:04 pm

Starbucks will close 150 poorly performing company-operated stores next year, about three times as many as it typically closes. The affected stores are located in mostly urban areas that are densely populated with Starbucks locations. The company told investors late Tuesday that it expects same-store sales to grow just 1 percent for the quarter that…

Vintage Capital to Buy Rent-A-Center for $1.37 Billion
June 18, 2018 at 2:26 pm

Rent-A-Center, a company that rents out furniture and electronics and also allows customers the ability to own the products through a lease program, said today that it will be acquired by an affiliate of buyout firm Vintage Capital Management in a deal valued at $1.37 billion, including debt. The affiliate, Vintage Rodeo Parent, will buy the company…

Lands' End to Shutter More Sears Stores, Open Standalone Ones
June 14, 2018 at 12:36 pm

Lands’ End is distancing itself from struggling Sears Holdings Co. by shuttering more of its in-store shops and instead opening more smaller standalone locations. Since the apparel company split from Sears in 2014, it has been phasing out its sites in the department store chain.It's planning to decrease its number of Sears shops to 132…