Management

Best Buy Introduces New Logo Based on Blue-Shirt Experts
May 11, 2018 at 2:40 pm

The yellow price tag isn’t going away, but it’s no longer front and center in an updated logo Best Buy revealed this week. The first refresh of the logo in nearly three decades is part of a new marketing strategy as the electronics chain increasingly focuses not just on products and prices, but also the value…

Walmart Agrees to Buy Stake in Flipkart for $16B
May 10, 2018 at 2:35 pm

Walmart Inc. announced yesterday that it has signed a definitive agreement to become the largest shareholder in Flipkart Group, an e-commerce company headquartered in Bengaluru, India that's a leader in electronics, large appliances, mobile, and fashion and apparel. Walmart will buy an initial stake of roughly 77 percent in the company for $16 billion, while…

Consumers Are Renting Everything: Where Does Retail Fit In?
May 9, 2018 at 6:41 pm

One of the fastest-growing sectors of the sharing economy is anticipated to be “rental retail.” Rental retail is any store, online or brick-and-mortar, that offers items for both sale and rent. Although widespread adoption of sharing behaviors may appear to threaten traditional buying behaviors, this trend actually represents tremendous opportunity for both traditional and online retailers that make rental part of their business models. To enable this evolution, best practices and intuitive new rental management tools will help retailers easily capture unrealized growth by simply renting out the goods that they're already in the business of selling.

4 More Nike Execs Out Amid Inquiry Into Harassment Allegations
May 8, 2018 at 4:09 pm

A sweeping investigation into workplace behavior at Nike has resulted in the departure of four more top-level executives, raising to 10 the number of senior managers to leave the company. Nike continues to overhaul its upper ranks amid widespread allegations of harassment and discrimination against female employees. Together, the departing executives oversee some of the most…

ShopKeep Small Business Pulse: 2018 Report
May 4, 2018 at 5:34 pm

The ShopKeep Small Business Pulse is a report designed for sharing valuable insights, sentiments and challenges today's small business owners face. The report highlights responses from ShopKeep customers on a variety of topics, including business challenges, the adoption of new technology, and business goals. The data is sourced from 1,794 small and independent business owners across the U.S. and Canada with at least one brick-and-mortar store location in February 2018.

Leverage Wholesale as a Marketing Tool, Not Your End Game
April 30, 2018 at 9:55 am

From the dawn of retailing time, brands have striven to achieve one mammoth goal: to encourage wholesalers to sell their products. Before the internet, the strategy worked wonders. Moving merchandise via Macy's? You were golden. The big-box retailer did all the marketing to loyal patrons, and brands reaped the benefits. Alas, this wholesale landscape is…

A Chat With Martin Gilliard, CIO and Senior Executive Vice President, Barneys New York
April 27, 2018 at 11:33 am

While in New York City recently, I had the opportunity to interview Martin Gilliard, chief information officer, senior executive vice president at Barneys New York. I'm excited to share his fresh perspective on retail and the ever-evolving role of CIOs, which is informed by his expertise in technology and other diverse studies. Holly Vander Wall:…

Walmart Tests New Employee Dress Code at Stores
April 24, 2018 at 9:49 am

Walmart is testing a new dress code that gives employees more freedom in what they can wear on the job. Under the pilot program, which has been rolled out to fewer than 100 stores, workers can wear solid color blue jeans instead of khaki-colored or black denim pants. They also can wear a solid-color shirt of…

Old Navy to Open 60 Stores in 2018
April 24, 2018 at 9:08 am

Discount apparel brand Old Navy will add 60 more stores across the U.S. this year, pushing its total to more than 1,000 locations. Gap Inc., which owns Old Navy as well as the flagship Gap banner, Banana Republic and Athleta, currently operates more than 3,500 stores globally. Meanwhile, Gap Inc. is trimming back its fleet…

Rockets of Awesome Founder Talks Subscription Commerce, Growth Strategy
April 23, 2018 at 3:16 pm

In episode 141 of Total Retail Talks, Total Retail's Editor-in-Chief Melissa Campanelli interviews Rachel Blumenthal, founder and CEO of Rockets of Awesome. The interview covers a wide range of topics, from subscription commerce to the brand growth's strategy and much more. This episode was recorded live at our Total Retail Roundtable in New York City…