PetSmart Inc announced its planned management succession, with current President and Chief Operating Officer David K. Lenhardt assuming the role of Chief Executive Officer(CEO), effective June 14, 2013, following the Annual Meeting of Stockholders. Mr....
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Loweโs, the second-largest U.S. home-improvement retailer, plans to hire 45,000 seasonal workers, 13 percent more than a year earlier, and add 9,000 permanent employees as the housing rebound spurs remodeling. All of the positions are...
Boucherville, Quebec -- A Monday report by Reuters said that Canadian home-improvement chain Rona Inc. has appointed a new executive chairman and has again shuffled its board in response to mounting investor pressure to make measurable changes. Rona...
Even in today's data-hungry analytics environment, collecting and keeping every tiny granule of retail data โ down to the level of each individual transaction and web click โ might seem like overkill. But Sears Holdings has discovered that data storage costs have gotten low enough, and analytical tools have grown powerful enough, that this approach to big data has shortened the time needed for analytics projects by 60 percent to 70 percent, while also improving promotion conversions, lowering inventory levels and boosting sales.
JustFab, a fashion retail and styling platform, announcing that it's purchased children's fashion brand and personalized e-commerce service FabKids. Financial terms weren't disclosed. The kid-focused e-commerce site was launched by ShopStyle founder and serial entrepreneur Andy Moss, and mom and actress Christina Applegate, in August 2012. Instead of offering a box of separates shipped monthly, FabKids sends out one complete outfit it's designed in-house and personalized to the child, based on a custom profile filled out at sign-up.
JustFab, a fashion-subscription service and lifestyle fashion brand, has acquired FabKids, a childrenโs fashion brand and personalized e-commerce service. Launched in August 2012, FabKids is a childrenโs apparel brand and e-commerce website that offers...
While Body Central Corp. gets off to a fresh start in the new year with plans to move its headquarters from Jacksonville's Southside to the Northside, the company is still saddled with problems left over from the old year. Body Central last week lowered...
OK, suspend your disbelief just for a moment and hear me out. In 1999, Joe Pine and James Gilmore, authors of "The Experience Economy" predicted that we were entering an era where intense commoditization of goods left retailers with only one alternative - the need to design and stage unique and memorable experiences that are so good they justify charging an admission. So far, this hasn't really materialized beyond the gates of Disney World, but the question is, has the time finally arrived?
Delhi, India -- A Monday report by Bloomberg said that Ikea has received the go-ahead from the Indian government to open outlets in the country, making it perhaps the first major foreign retailer to set up its own stores in the region. The Swedish...
PORTLAND, Ore. โ Survey results released Monday by Infogroup Targeting Solutions and Yesmail Interactive found that almost 70% of companies plan to spend more on data-related marketing initiatives in 2013, with a heavy emphasis on hiring. More than half...