Management

The Future of Consumer Markets Workplaces: Flexibility is Here to Stay
October 20, 2021 at 12:45 pm

When the pandemic altered where and how consumers were able to shop, consumer markets rose to the challenge. I know I’m not alone in being inspired by the essential workers who are manufacturing in the plants, as many companies are now operating on a 24-hour manufacturing cycle to fulfill the increased need for crucial goods.…

Sears to Shut Last Store in Home State of Illinois
September 20, 2021 at 7:17 pm

Sears will close its last Illinois-based department store on Nov. 14, when the location in Simon Property Group’s Woodfield Mall shuts its doors for the final time. Transfomco, the parent company for Sears and real estate manager for the Woodfield Mall location, told CNBC in a statement that it will try to keep the space vibrant…

Walmart Raises Hourly Wages Again for Workers
September 6, 2021 at 7:12 pm

Walmart is raising hourly wages for more than 565,000 workers in the latest example of a large employer trying to attract and retain employees in a challenging labor environment. In a memo to employees obtained by CNN Business, Walmart President and CEO John Furner said that starting Sept. 25, associates working in the retailer's front…

How Retailers Can Drive Employee Satisfaction for Hourly Workers
September 2, 2021 at 5:36 pm

In this episode of Retail Right Now, Total Retail's Kristina Stidham and Marie Albiges discuss an article recently published by Total Retail titled, “Pay Isn’t the Only Reason Employees Quit. Start Offering Them What They Really Value,” authored by Sanish Mondkar, CEO of Legion. This article digs into the opportunities retailers have to drive employee…

Sequential Brands Group Files for Chapter 11 Bankruptcy
August 31, 2021 at 9:28 pm

Sequential Brands Group, Inc. has filed for Chapter 11 bankruptcy protection, reports Footwear News. The company, which owns Jessica Simpson, Joe’s Jeans, And1, Avia, and more brands, said in a press release that “significant debt on its corporate balance sheet” made it no longer able to operate its portfolio. Sequential is looking to sell all or…

Why Platforms Like Instacart Threaten Grocers — and What the Better Solution is
August 17, 2021 at 8:52 pm

Amazon.com. Walmart. Over the past decade, digital giants and mainstay stores alike turned to digitally powered solutions. From online ordering to in-app coupons, the grocery store experience has shifted from strictly out-of-home to sometimes on-the-couch. For many, it’s a welcome addition; but it doesn’t come without its caveats. The vast majority of grocery transactions still…

Walmart to Offer Bonuses to Keep Warehouse Workers on the Job Through the Holidays
August 9, 2021 at 6:53 pm

Walmart is offering special bonuses to many warehouse employees to work every hour they're scheduled and, in some cases giving temporary pay raises, as the country’s biggest retailer ramps up for the holiday shopping season with a tight labor market and stretched supply chains. According to The Wall Street Journal, the majority of Walmart’s 190 U.S. warehouses are offering…

NLRB Recommends New Union Election at Amazon Warehouse
August 3, 2021 at 10:04 pm

Amazon.com workers in Alabama may get a second chance to vote on whether to form the company's first unionized warehouse in the United States. A hearing officer for the National Labor Relations Board (NLRB) determined Monday that Amazon violated federal labor laws by encouraging employees to vote against unionizing at its Bessemer, Alabama warehouse facility…

Andy Jassy Officially Takes Over as Amazon CEO From Jeff Bezos
July 5, 2021 at 7:32 pm

Amazon.com founder Jeff Bezos on Monday handed over his CEO title to Andy Jassy, ending a more than two-decade run leading the company through its evolution from online bookseller to $1.75 trillion global retail, logistics and internet behemoth. Bezos has served as the CEO of Amazon since founding the company exactly 27 years ago on July 5, 1994 .…

What Retailers Need to Know When Adjusting Their Mask Policies
June 23, 2021 at 11:42 am

As state and federal governments lift mandatory safety measures following CDC guidance, businesses have begun cautiously reducing their protocols for the first time for both their employees and customers. National retailers like Trader Joe’s, Costco, Walmart, Target, and Starbucks have announced that vaccinated customers do not have to wear masks, and many have dropped the…