Amazon Now Lowering Prices on Third-Party Seller Products
November 6, 2017 at 11:31 am has quietly started lowering prices by as much as 9 percent in recent weeks on certain products offered by third-party sellers, according to a Wall Street Journal report published on Sunday. Until now, Amazon has controlled prices only on the merchandise it sells directly to consumers. Now, according to the report, it's discounting the items…

J.C. Penney Eliminates Chief Merchant Role
November 6, 2017 at 10:51 am

J.C. Penney announced last week that it has eliminated the position of chief merchant. The move was made to streamline decision making and promote greater agility within its merchandise buying teams. John Tighe, current chief merchant, will be leaving the company to pursue other opportunities and will not be replaced. All senior merchandising executives will…

Christopher Bailey to Depart Burberry
November 1, 2017 at 5:57 pm

London-based global luxury brand Burberry announced this week that its president and chief creative officer (CCO) Christopher Bailey will leave the company on March 31, 2018. At that time he will also step down from Burberry's board. Bailey has been with the company for 17 years. He will provide his full support to current CEO…

Wal-Mart CEO Doug McMillon to Be Honored by NRF
November 1, 2017 at 5:24 pm

The National Retail Federation (NRF) announced earlier this week that it will recognize Wal-Mart President and CEO Doug McMillon as “The Visionary,” an award given once a year to an outstanding retail industry leader during the 2018 NRF Foundation Gala on Jan. 14 in New York City. The Visionary is awarded annually to a leader with a long record of spearheading change in the retail industry. Each year, prominent retail executives identify an individual who is a disruptor, dreamer, giver, influencer and power player who has changed…

A Few Thoughts From Costco’s Jim Sinegal
November 1, 2017 at 2:31 pm

It’s not often that you get to hear from retail legends like Jim Sinegal, co-founder and director of Costco Wholesale Corp. That’s why I was so excited to attend his talk at SAP’s Retail Executive Forum, which was held in New York City earlier this month. And he didn't disappoint. Sinegal served as the CEO…

Gymboree Emerges From Chapter 11
October 2, 2017 at 1:55 pm

The Gymboree Corp. announced that it has successfully completed its financial restructuring and emerged from Chapter 11 as a new corporation under the name Gymboree Group, Inc. The children's apparel retailer exited bankruptcy with a reorganization plan that includes a comprehensive recapitalization that will eliminate more than $900 billion in debt and a reduced store footprint. …

Home Depot Helps Texans Affected by Hurricane Harvey
August 28, 2017 at 2:07 pm

The Home Depot Inc. was one of several companies that helped people affected by Hurricane Harvey, the Category 4 hurricane that devasted portions of Texas with catastrophic rains and flooding over the weekend. On Saturday, The Home Depot activated its Disaster Response Command Center at its store support center in Atlanta. There, the company's merchandising,…

Gander Mountain Files for Bankruptcy
March 13, 2017 at 11:27 am

Gander Mountain filed for bankruptcy Friday, and said it expects to attract a buyer as the company lowers its operating costs as part of its restructuring. The St. Paul, Minn.-based outdoor goods retailer also said it's closing 32 of its 162 stores in 26 states over the next several weeks. The company said it's in active discussions with several…

Top Women in Retail 2017: Carly Rosenberg, President, Bluefly
January 23, 2017 at 3:46 pm

Total Retail’s seventh annual list of the leading female executives in retail features a who’s who in the industry. This year’s honorees were chosen based on a number of factors, including being in a top-level position within a retail organization, scope of responsibility within that position, career achievements, and involvement within the retail industry. This week we feature Carly Rosenberg, president of Bluefly.