Leadership
August 9, 2017 at 1:40 pm
"It's about surrounding yourself with the best people; people who will deliver results and who are consistent. That counts for a lot. So does full transparency about our goals and plans so that everybody knows the mission and is moving in the same direction all the time."
August 7, 2017 at 12:54 pm
In episode 104 of Total Retail Talks, recorded at the Total Retail Talks Live! event in Seattle, Peter Francis, vice president of digital growth and acquisition for T-Mobile, discusses the role brick-and-mortar stores will play in the company's future. Francis addresses how T-Mobile views omnichannel retail, and what the company is doing to execute on…
August 3, 2017 at 11:16 am
2017 has been a tough year for retail, to say the least. CNBC reports more than 5,400 retail store closures have been announced this year so far, up 165 percent from 2016, with 10 major retailers filing for bankruptcy. In a new report from retail recruiting and organizational consulting firm Korn Ferry, 73 percent of larger…
August 2, 2017 at 11:49 am
Some sad news this week — Costco announced the death of its co-founder and chairman, Jeff Brotman. Brotman passed away on Tuesday morning at the age of 74. Brotman co-founded Costco Wholesale with Jim Sinegal. The two opened the first warehouse in Seattle in 1983. Brotman previously served as chairman of the company's board of directors…
July 27, 2017 at 11:38 am
Blue Apron announced this week a change in leadership. CNBC reports Co-Founder and Chief Operating Officer Matthew Wadiak is out as COO, and will transition to a senior advisory role. "As a co-founder and member of our executive leadership team, Matt Wadiak has played an instrumental role in driving forward Blue Apron's mission to make incredible…
July 26, 2017 at 4:02 pm
Groupon announced last week that it has promoted Aaron Cooper to president of North America, giving him oversight of the company’s Local, Travel and Goods businesses in the United States and Canada. Cooper currently serves as senior vice president of North America Services, which includes Local and Travel, and will…
July 26, 2017 at 3:30 pm
Duluth Holdings Inc., a lifestyle brand of men’s and women’s casual wear, workwear and accessories, announced on Monday that Dave Loretta has been appointed senior vice president and chief financial officer. Loretta will succeed retiring CFO Mark DeOrio, and will assume the role of CFO effective immediately. Loretta joins Duluth Trading from Nordstrom Bank, where…
July 26, 2017 at 3:06 pm
Stitch Fix, the fast-growing online retailer and personal styling service, announced last week that Julie Bornstein, the company’s chief operating officer for the past two-plus years, is leaving the company. The news comes as a bit of a surprise, as Stitch Fix is rumored to be filing an…
July 26, 2017 at 12:41 pm
J.C. Penney has named a new chief financial officer two weeks after its previous executive’s departure. Jeffrey Davis takes J.C. Penney’s executive vice president and CFO role effective immediately, the company announced Monday. He replaces Andrew Drexler, who served in the role on an interim basis following former…
July 19, 2017 at 3:44 pm
Below is part one of a three-part series that Total Retail Executive will be publishing over the next three weeks. Within the last two years, there has been a proliferation of analysis about millennials and what motivates them, how they perform in the workplace and what their impact is on workforce culture. This always includes…
