Managing

Making Merriment by Reducing Seasonal Burnout
November 5, 2019 at 12:19 pm

More often, a reliable employee who is always willing to go the extra mile, put in the extra hours, and take extra projects on starts slipping. Most often we think it’s a problem at home or outside the workplace. However, it could just be all the “extra” adding up to employee burnout, which was recently…

Forever 21 Files for Bankruptcy, to Close Up to 178 Stores
September 30, 2019 at 12:42 pm

Fashion chain Forever 21 has filed for Chapter 11 bankruptcy protection. The privately held company based in Los Angeles said Sunday it will close up to 178 stores in the U.S. According to the bankruptcy filing, the company operates about 800 stores globally, including more than 500 stores in the U.S. Forever 21 said it would focus…

Rewards and Recognition: Effective Solutions for Employee Engagement in the Retail Sector
September 12, 2019 at 12:47 pm

The retail sector in today’s market is facing major disruption. Post-2009 depression, retailers have thrived and managed to hold their ground, but their employee recruiting and retention strategy is still struggling to get out of that phase. Even though they have several positions open throughout the year, it’s almost impossible to have 100 percent successful…

Culture Fit or Culture ‘Adds’? Embrace the Chaos
September 6, 2019 at 10:30 am

How many times have we been advised to find the “right cultural fit” when involved in a hiring process, regardless of industry? Historically this is usually the place a hiring manager begins when embarking upon a hiring process. Often organizations default to evaluating talent in terms of similarities in background, experience, interests, etc. However, research…

Ready or Not, Here it Comes: What Predictive Scheduling Means for Retail Managers
August 16, 2019 at 11:13 am

For anybody who has shopped in a brick-and-mortar store, the influence of in-store teams on the shopping experience is no secret. A great experience with a store associate can quickly catapult the brand to the top of a shopper’s favorites list, while a poor interaction or, even worse, the inability to find someone to help,…

Report: Walmart Shuffling Execs to Further Integrate Stores, Digital
July 22, 2019 at 2:34 pm

Walmart is making further organizational changes as it continues to integrate its store and digital operations and leadership, according to a July 19 memo obtained by CNBC that was sent by CEO Doug McMillon to the retailer’s employees. The biggest change announced is Walmart's move to bring the U.S. supply chain teams together, which will be led…

Charming Charlie Files for Bankruptcy, to Close All of its Stores
July 11, 2019 at 3:15 pm

Fashion accessory retailer Charming Charlie will close all of its stores after going bankrupt for the second time in less than two years. The company filed for Chapter 11 protection in Delaware with plans to close all of its 261 stores in 38 states, according to court documents via Bloomberg News. The chain expects the liquidation to take about…

Report: Amazon Penalizing Grocery Brands if Sales Result in Loss for Amazon on Prime Day
July 8, 2019 at 12:38 pm

Amazon.com is charging “additional funding” to certain grocery brands during this year’s Prime Day if sales of their products result in a loss for Amazon, according to an email seen by CNBC, and reported on its website. Amazon said the change is intended to “fund the profitability gap” of such products, which Amazon purchases wholesale…

Report: Toys"R"Us to Open New US Stores in 2019
June 24, 2019 at 2:45 pm

Defunct children’s retail chain Toys"R"Us will open about a half dozen U.S. stores and an e-commerce site this holiday season, roughly a year after shuttering U.S. operations, according to a report in Bloomberg. Richard Barry, a former Toys"R"Us executive who is now CEO of new entity Tru Kids Inc., has been pitching his vision to reincarnate…

Lululemon Men's-Only Stores Quietly Close
June 21, 2019 at 11:45 am

Lululemon Athletica Inc. has quietly closed its men’s standalone stores in New York City and Toronto, even as it plans to more than double its men’s business in the next five years. The retailer found that guests respond better to Lululemon “as a dual-gender brand,” spokeswoman Erin Hankinson told Bloomberg News when asked about the locations. “We…