Management

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…

Last month, Total Retail released its 2018 Salary Benchmark Report, offering retailers and employees insight into the compensation packages of today's retail executives. The report was based on a survey sent to Total Retail's audience, which yielded some interesting insights about the salaries of retail executives, including that a higher title doesn't always equate a…

The General Data Protection Regulation (GDPR) is a popular topic among businesses around the globe. The law was originally introduced and adopted into place on April 27, 2016, and allotted a two-year post-adoption grace period for businesses to meet compliance regulations. The formal enforcement date for fining non-compliant organizations took effect on May 25, 2018. Through…

Total Retail recently released its 2018 Salary Benchmark Report, which offers retail employees and employers a comprehensive look into salary trends within the industry. A survey sent to Total Retail's audience yielded some interesting data regarding the salaries and financial benefits of today's retail executives, perhaps none more so than the difference in total compensation…