Management

Have Thanksgiving Day Retail Efforts Plateaued?
November 25, 2015 at 12:26 pm

Once upon a time, Black Friday shopping actually took place on Friday. In recent years, retailers have pushed the envelope by offering deals as early as Nov. 2, allowing consumers to start shopping ahead of the official holiday season kickoff. Many have even kept their doors open on Thanksgiving Day to the dismay of retailโ€ฆ

The 20 Best Workplaces in Retail
November 24, 2015 at 11:39 am

As the holiday season gets underway, retailers face the busiest shopping period of the year, meaning hours โ€” and lines โ€” can be long. But which companies have created a great work environment for their teams of customer-facing employees? To find out, Fortune partnered with Great Places to Work, the consulting and research firm behindโ€ฆ

A Retailerโ€™s Dilemma: Is it Worth Opening on Thanksgiving?
November 20, 2015 at 10:51 am

Americans have a conflicted relationship with holiday shopping. We love a good deal, yet we're mired in massive debt. We give lip service to the importance of spending quality time with our family for the holidays, but when stores open up on Thanksgiving, shoppers dutifully show up โ€” or at the very least snag some dealsโ€ฆ

Kohl's Taps Rising Walgreens Exec as COO
November 18, 2015 at 10:11 am

Kohl's Corp. on Tuesday tabbed a rising Walgreens executive to fill the new post of chief operating officer โ€” and to potentially become CEO. Sona Chawla, who has been president of digital and chief marketing officer at Walgreens, will join Kohl's on Nov. 30. She will take on broad responsibility over the nationwide retailer's operations andโ€ฆ

Retailers Strike Back at Union-Backed Ads
November 16, 2015 at 10:04 am

Retailers are striking back against union-backed ads portraying the industry as plagued by low wages, a lack of benefits and erratic work hours, as the minimum wage fight heats up in the 2016 presidential race. The National Retail Federation (NRF) ran two 30-second spots during Saturday nightโ€™s Democratic primary debate, highlighting the career opportunities in retailโ€ฆ

Bruce Dayton, Target Co-Founder and Retail Tycoon, Dies at 97
November 16, 2015 at 9:50 am

Bruce Dayton, the last of five Dayton brothers in the legendary retailing family, died Friday at age 97 after a career that shaped the Twin Cities in a hundred ways, from fashion to philanthropy, shopping malls to state politics. In partnership with his brothers, Bruce Dayton expanded the Dayton Company from one department store inโ€ฆ

Bridging the Gap Between Business and IT With a Chief Customer Officer
November 12, 2015 at 10:32 am

Retailers today are faced with a myriad of business challenges across people, processes and technology. While some choose to integrate end-to-end merchandising and planning functions to achieve operational efficiency, others look into adopting new technologies to elevate their customer experience and ensure consistency across different channels of distribution. With the rapid evolution of retail technology,โ€ฆ

Lumber Liquidators Names New CEO, Continues Sales Struggle
November 5, 2015 at 12:44 pm

Lumber Liquidators named a new CEO as it continues to struggle with sales in the wake of allegations that imported Chinese-made laminate flooring contained high levels of the carcinogen formaldehyde. The Toano, Virginia-based company suspended the sale of all such products made in China this spring, but the CEO Robert Lynch resigned in May. Heโ€ฆ

L.L.Bean Names CEO From Outside Company
November 5, 2015 at 12:23 pm

L.L.Bean has gone outside its ranks for the first time to pick a chief executive, on Tuesday naming veteran retailer Stephen Smith to lead the 103-year-old company. And Smith, 45, who starts in early January, said he already feels the pressure. Until now, the Freeport, Maine, retailer has always filled the top job from within the companyโ€ฆ