Leadership

Wayfair Raising Minimum Pay to $15 an Hour for All US Workers
January 7, 2021 at 8:35 pm

Wayfair, the furniture and home goods e-commerce business, said yesterday that all of its U.S. employees would be paid at least $15 an hour. The increase, which went into effect on Jan. 3, applies to full-time, part-time and seasonal workers at the company. More than 40 percent of Wayfair’s hourly employees working across its U.S.…

How Bill Brand is Creating a Collaborative Culture at rue21
January 6, 2021 at 7:29 pm

One of the most important roles of a leader is establishing the right company culture. In this clip from the December 2020 Women in Retail and Total Retail Virtual Exchange, Bill Brand, CEO of rue21, shares how he's working to create a collaborative culture at the apparel retailer by establishing clear priorities across the organization and…

Women in Retail and Total Retail Virtual Exchange, January 2021
December 21, 2020 at 10:31 am

One of the most important roles of a leader is establishing the right company culture. In this clip from the December 2020 Women in Retail and Total Retail Virtual Exchange, Bill Brand, CEO of rue21, shares how he’s working to create a collaborative culture at the apparel retailer by establishing clear priorities across the organization and […]

Bed Bath & Beyond to Sell Cost Plus World Market to Private Equity Firm
December 15, 2020 at 7:17 pm

Best Bath & Beyond (BB&B) said earlier this week that it will sell Cost Plus World Market as it aims to stabilize sales and focus on its core business. The home goods retailer announced that it’s struck an agreement with Los Angeles-based private equity firm, Kingswood Capital Management, which will buy Cost Plus World Market. The…

The 'New Normal': What is it?
December 15, 2020 at 3:29 pm

Back in March of this year, most of us anticipated that by fall we would have weathered the Coronavirus storm and life would return to what it was like before. Oh how naïve we were and how little we imagined what the power of the pandemic would be and the long-term challenges that would be…

UNTUCKit's CEO on Altering COVID Forecasting, Merchandising and Tech Spend
December 14, 2020 at 5:43 pm

Many retailers are continuing to pivot and adjust business strategies months into the COVID-19 pandemic. In this video clip from November's Women in Retail and Total Retail Virtual Exchange, Aaron Sanandres, co-founder and CEO of UNTUCKit, shares how the retailer has re-evaluated its business as a result of the coronavirus pandemic. He discusses how UNTUCKit has…

Lessons Learned After Years in E-Commerce
December 9, 2020 at 3:28 pm

When my wife and I started a small e-commerce business in our living room seven years ago, we could have never imagined that we would grow it into a $100 million online fashion retailer. This journey has been full of ups and downs, opportunities and missteps. I couldn’t be more grateful for what we’ve achieved…

DICK'S Sporting Goods Names President Lauren Hobart as CEO
November 24, 2020 at 7:40 pm

DICK'S Sporting Goods on Tuesday announced that its current president, Lauren Hobart, will succeed Ed Stack as chief executive on Feb. 1, reports CNBC. Stack will transition to executive chairman and remain chief merchant, the company said. Following stints at PepsiCo, Wells Fargo, and JPMorgan, Hobart joined DICK'S in February 2011 as senior vice president and…