For most companies, Twitter provides a place for self-promotion, a vehicle for customer engagement. For Sears, Twitter often spotlights the company's failure. Not the standard somebody erred in judgment and tweeted something offensive failure, but the organization-wide attitudinal and operational failure that defines Sears. Over the weekend, I was in Toronto. While on Yonge Street by the Eaton Centre, I snapped pictures of the Sears store that, at one time, anchored this mall. Now the store's empty, leaving a hole in the heart of Toronto, literally and figuratively.
OAKLAND, Calif. — Global footwear company Deckers Outdoor Corporation, known for its Ugg and Teva brands, has selected the GT Nexus platform to improve supply chain collaboration and visibility. The cloud-based platform eliminates manual processes,...
OAKLAND, Calif. — Cost Plus World Market has updated its e-commerce site (worldmarket.com) to offer an enhanced shopping experience with social media integration, inspiration and solutions for the home, an increased number of products available online,...
/PRNewswire/ -- National outdoor gear and apparel retailer REI today announced that co-op members elected Beth Newlands Campbell, Stephen Lockhart and Gerry Lopez to three-year terms on the company's board of directors. The REI board also appointed Bert Quintana to complete the term of an open position. (Logo: photos.prnewswire.com/prnh/20120306/SF65403LOGO) Sponsored by: Campbell, who resides in Cape Elizabeth, Maine, joins REI's board as a new member. She is the president of Hannaford Supermarkets, a leading supermarket retailer in northern New England that operates 181 stores in five states. Hannaford is known for its commitment to healthy lifestyles, sustainability and volunteerism.
Bed Bath & Beyond announced plans to acquire home goods retailer Cost Plus for $495 million. The all-cash deal will close in the second quarter and Cost Plus will continue to operate as a subsidiary. The two home goods chains have worked together for two years, with Bed Bath & Beyond testing Cost Plus-style specialty food departments in several of its stores. That trend will accelerate after the acquisition.
Similar in many ways to Renew Australia's efforts to connect community projects with vacant buildings to revive derelict areas, popuphood in Oakland, Calif. is an urban initiative offering free retail space in unused buildings to local entrepreneurs, in yet another variation of the pop-up concept.