Management

Albertsons Companies and Rite Aid Corp. announced on Wednesday that they are calling off their merger agreement. The $24 billion deal, announced in February, has faced opposition from a number of investors as well as top-10 shareholder Highfields Capital Management. Critics have argued the deal provides Albertsons’ private-equity owner, Cerberus Capital Management, a vehicle to…

Tiffany’s is a compelling example of an iconic 181-year-old brand that blends its historic past with cutting-edge trends and themes that cater now to a younger demographic, aiming to restore some of its lost radiance. By targeting millennials and using a heavy dose of social media and digital marketing, Tiffany’s has found new life that has…

In a sign of the times, two more traditional brick-and-mortar retailers have recently filed for bankruptcy protection. National Stores, Inc., parent company of retail brands such as Fallas, Anna’s Linens, and Factory 2-U, announced that in addition to filing for bankruptcy reorganization, it will be closing 74 of its 344 stores. National Stores, which is headquartered in Gardena,…

Today’s competitive physical and online marketplaces have pushed retailers to perform at a higher level in order to turn casual shoppers into loyal, returning customers. The quest to draw customers in, give them the best possible experience and keep sales revenue healthy has turned retailers towards the importance of reinvention. In fact, reinvention is the…

Despite filing for bankruptcy twice in just over two years, RadioShack announced  a partnership with HobbyTown, a toy and hobby retailer, which will bring the electronics retailer's branded merchandise to 60 HobbyTown franchise locations across the U.S. The new stores will be called "RadioShack Express." Over time the new RadioShack Express “store-within-a-store” concept will be rolled out to HobbyTown…

Ivanka Trump announced yesterday that she would be shutting down her retail brand. According to CNBC, the decision comes roughly one year after Trump stopped working directly with the company to serve as senior advisor to the White House. The clothing and accessories brand was successful when it first launched in 2014, but over the…

There are multiple departments within a retail organization, so which are most important? If we’re equating worth to cost — i.e., the annual salaries of employees within each department — then supply chain executives are most critical (see chart below). This was just one of the findings of Total Retail's recently released 2018 Salary Benchmark Report,…

During a workforce development event at the White House yesterday, the National Retail Federation (NRF) signed a “Pledge to America’s Workers,” committing to create enhanced career opportunities for 250,000 individuals over the next five years through the NRF Foundation’s RISE Up program and student programs. The new White House initiative is aimed at increasing the skills of…

Fabletics, Kate Hudson's athleisure brand, is planning to open 75 new stores globally, quadrupling its footprint to 100 stores. "We are a digitally native company, so we've been able to really understand our customers — what they want, where they reside," Hudson told CNBC. "At a time when people are very nervous about retail, [our…

Amazon.com is planning to publish a holiday toy catalog in an effort win the toy business that has come up for grabs after the demise of Toys“R”Us, according to a report in Bloomberg. People familiar with the strategy told Bloomberg that the catalog will be mailed to millions of U.S. households and handed out at Whole Foods locations, the grocery…