Management

Walmart to Offer Bonuses to Keep Warehouse Workers on the Job Through the Holidays
August 9, 2021 at 6:53 pm

Walmart is offering special bonuses to many warehouse employees to work every hour they're scheduled and, in some cases giving temporary pay raises, as the countryโ€™s biggest retailer ramps up for the holiday shopping season with a tight labor market and stretched supply chains. According to The Wall Street Journal, the majority of Walmartโ€™s 190 U.S. warehouses are offeringโ€ฆ

NLRB Recommends New Union Election at Amazon Warehouse
August 3, 2021 at 10:04 pm

Amazon.com workers in Alabama may get a second chance to vote on whether to form the company's first unionized warehouse in the United States. A hearing officer for the National Labor Relations Board (NLRB) determined Monday that Amazon violated federal labor laws by encouraging employees to vote against unionizing at its Bessemer, Alabama warehouse facilityโ€ฆ

Andy Jassy Officially Takes Over as Amazon CEO From Jeff Bezos
July 5, 2021 at 7:32 pm

Amazon.com founder Jeff Bezos on Monday handed over his CEO title to Andy Jassy, ending a more than two-decade run leading the company through its evolution from online bookseller to $1.75 trillion global retail, logistics and internet behemoth. Bezos has served as the CEO of Amazon since founding the company exactly 27 years ago on July 5, 1994 .โ€ฆ

What Retailers Need to Know When Adjusting Their Mask Policies
June 23, 2021 at 11:42 am

As state and federal governments lift mandatory safety measures following CDC guidance, businesses have begun cautiously reducing their protocols for the first time for both their employees and customers. National retailers like Trader Joeโ€™s, Costco, Walmart, Target, and Starbucks have announced that vaccinated customers do not have to wear masks, and many have dropped theโ€ฆ

Boxed to Go Public in SPAC Deal
June 14, 2021 at 6:40 pm

E-commerce grocery shopping platform Boxed and Seven Oaks Acquisition Corp., a special-purpose acquisition company, or SPAC, announced they would go public in a deal that would value the combined company at $900 million. Boxed would use the money to serve more households and businesses that started ordering groceries online during the pandemic. The combined company will be calledโ€ฆ

Back-to-Office Checklist
June 8, 2021

Executives navigate the challenges, unknowns, and plans for defining a new way to work

Foot Locker to Shut Down Footaction Stores
May 24, 2021 at 7:22 pm

Foot Locker announced on Friday that it will close most of its 231 Footaction stores "to position its store fleet for the future" and "to focus growth on its iconic banners," according to a company press release. One-third of the Footaction locations will be converted into Foot Locker's other banners, such as Foot Locker and Champsโ€ฆ

Leading Retailers Dropping Mask Mandates for Fully Vaccinated Customers, Employees
May 17, 2021 at 6:41 pm

Target, Walmart, CVS, Starbucks, Meijer, and Costco are among the retailers that have dropped their mask requirement for customers and employees who are fully vaccinated against COVID-19 in wake of the newest guidance from the Centers for Disease Control and Prevention (CDC). Specifically, on May 16, the CDC said that fully vaccinated Americans, for the mostโ€ฆ

The Year of Agility: No New Normal
May 5, 2021 at 1:37 pm

This isn't another article about the โ€œnew normal.โ€ Having been a retail executive during the pandemic myself, here's the truth: Normal no longer exists. What exists (and is emerging) is a range of new business models and revenue streams, vastly different marketing mixes, customer expectations evolving faster than businesses can pivot, and organizational change thatโ€ฆ