Management

In this episode of Retail Right Now, Total Retail's Caitlin Sullivan and Joe Keenan discuss the bid from Sears Chairman and former CEO Eddie Lampert's company ESL Investments to purchase 500 of the retail chain's stores for $4.6 billion. This offer comes as a last-ditch effort to save the brand from potential liquidation, but may not…

With an integrated mobile employee engagement platform, retail employers can overcome their employee disengagement challenges.

Dozens of current and former Sears Holdings Corp. employees sent a letter to Chairman Edward Lampert and other creditors on Thursday, asking them to pay severance and save as many jobs as possible as the retailer goes through bankruptcy, The Wall Street Journal reported. "While we understand Sears and Kmart must make changes to survive, we…

J.Crew will discontinue its budget clothing line Mercantile a little less than three months after the company announced it was opening a dedicated storefront for the brand on Amazon.com. A spokesperson for J. Crew confirmed the decision to CNBC. The company informed employees of the news in an internal memo Thursday, which was seen by The…

Chico's FAS announced yesterday that Diane Ellis, president of the Chico's brand, will depart the company Nov. 30. The company has initiated a search to identify Ellis’ replacement. In the interim, the Chico's brand will be led by Shelley Broader, Chico's FAS CEO and president. "We're committed to improving the performance of our Chico's brand,…

It’s no secret to retailers that the rush of holiday peak season shopping is steadily increasing. According to the National Retail Federation, holiday retail sales increased 5.5 percent in 2017, reaching an all-time high. While this increasing shopper demand is good for the bottom line, it can spell labor management challenges for retailers. Unemployment is…

Gymboree is considering closing more than half of its approximately 900 stores, people familiar with the matter said on Tuesday. The move would be a setback for the retailer of infant and children’s clothing after it emerged from bankruptcy last year. Gymboree was one of the few brick-and-mortar retailers that managed to escape liquidation in a wave…

Gap Inc. is considering shutting hundreds of its namesake stores at shopping malls as sales at the Gap brand continue to slide. The retailer said Tuesday evening that it still has 775 Gap-branded stores globally, in addition to those under the Old Navy, Banana Republic and Athleta banners. Gap Inc. has more than 3,000 stores around the…

Having worked with small businesses for more than a decade, one thing is clear to me: holidays can be a big deal for entrepreneurs. For retailers, they’re the craziest and busiest time of the year. This year’s holiday season promises to be a big one. Holiday sales this year are expected to jump 5 percent…

Sears is seeking court approval to pay executives as much as $25 million in annual bonuses while the company struggles to restructure in bankruptcy. Three top executives could get nearly $1 million each if the company goes out of business. If Sears remains in business, they could get nearly $500,000 each for hitting the top performance…