Management

Amazon Encourages Whole Foods Employees to Get Weekly Covid Tests
December 16, 2020 at 9:49 pm

Amazon.com is encouraging front-line employees in California to get weekly COVID-19 tests, CNBC reported. This news comes at a time when the state is rolling out updated emergency workplace protections for the coronavirus. The e-commerce giant posted on an internal company website that this request was in accordance with California’s division of the Occupational Safety and Health…

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…

Walgreens to Hire 25,000 to Help Distribute COVID-19 Vaccine
December 14, 2020 at 5:16 pm

Walgreens expects to get its first doses of the COVID-19 vaccine on Dec. 21, and will start giving shots to nursing home residents and workers at nearly 35,000 long-term care facilities nationwide in the days leading up to Christmas. To administer the vaccine, Walgreens plans to hire 25,000 people across the U.S., including 9,000 pharmacists and other healthcare workers.…

francesca's Files for Chapter 11 Bankruptcy Protection
December 7, 2020 at 7:06 pm

Women’s boutique chain francesca's filed for Chapter 11 bankruptcy protection last week, with plans to sell the business, including its brick-and-mortar stores. In a statement announcing the bankruptcy filing, francesa's said it was obtaining $25 million in financing from its existing lender, Tiger Finance, to facilitate the retail stores sales process, subject to court approval.…

Kohl's and Sephora Announce Long-Term Partnership
December 2, 2020 at 7:04 pm

Earlier this week, Kohl’s and Sephora announced a long-term strategic partnership. This collaboration is to create a new era of elevated Beauty at Kohl's, which will connect Kohl's expansive customer reach and omnichannel convenience with Sephora's quality service, product selection and exceptional beauty experience. According to a Kohl's press release, the partnership will be called "Sephora…

Industry Pioneers React to Death of Zappos Founder Tony Hsieh
November 30, 2020 at 5:10 pm

Investors, journalists, politicians, tech founders and retail industry pioneers have all paid tribute to Tony Hsieh, the well-known founder of Zappos.com, after his death was announced this past weekend. Hsieh died on Nov. 27 at 46 from injuries sustained during a house fire in Connecticut, according to multiple reports. In 2009, Amazon acquired Zappos, an online…

Staffing Up for the Holidays Means Adjusting Internal Comms Strategy
November 25, 2020 at 12:39 pm

The retail industry has faced numerous challenges during the pandemic. As a result, Glassdoor has seen a nearly 25 percent decrease in listings in retail industry jobs as of June 2020. While retailers like Walmart have actually hired more temporary workers, J.C. Penney and Macy’s have resorted to letting go of staff in order to…

Budgeting in the COVID-19 Crisis and Beyond
November 25, 2020 at 12:20 pm

Budgeting for the new year isn’t always easy to plan for, especially in unprecedented times. In order to gain deeper insights into retail, I turned to industry veterans Rich Pedott and Daniel Binder of Columbus Consulting. One way to streamline the process of keeping budgets in check while accommodating vendors is to use artificial intelligence…

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…