Managing

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…

Glitch Preventing Target Customers From Making Purchases Has Been Fixed
June 17, 2019 at 1:38 pm

Target said a systemwide outage that prevented customers from making purchases at its stores on Saturday has been fixed. The two-hour outage, which affected its cash registers, was caused by an internal technology problem, the retail chain said, without giving further details. “After an initial but thorough review, we can confirm that this was not…

HBC Board Mulls Shareholders' Take-Private Bid
June 10, 2019 at 2:30 pm

Hudson's Bay Company (HBC) announced today that its board of directors has formed a committee of independent directors to review a proposal from a group of HBC shareholders who would like to take the company private at $9.45 per share. The shareholders, who collectively own 57 percent of the company, include HBC Governor and Executive…