Management

Sears Holdings is selling 16 of its namesake store locations in an online auction, according to a Wall Street Journal report. The stores, 15 of which are attached to malls, are being marketed as sale and lease-back deals, which will allow Sears to continue operations at the locations while paying rent. The new owners of…

Earlier this year, I was invited to the annual National Retail Federation’s Big Show in New York City to share my two cents on the industry that never sleeps: private brands. As I was debating what to discuss at the conference, my mind gravitated to the topic of the year — retail Armageddon. While this…

What is employee engagement? In simple terms, employee engagement is all about putting in place the right conditions, values and tools to bring out the best in your employees. Engaged workplaces are ones in which staff members are motivated, committed, enthusiastic, and they feel valued and appreciated by their managers and executives. Improving employee engagement…

Footwear retailer Nine West is preparing to file for bankruptcy by as early as this week, according to a report Thursday. Aside from the bankruptcy filing, the White Plains, New York, company is planning to sell its intellectual property to Authentic Brands Group, a licensing firm that recently said it would purchase clothing brand Nautica, Reuters…

Bed Bath & Beyond announced that it will purchase shoppers’ Toys"R"Us and Babies"R"Us gift cards, offering store credit in return for a limited amount of time. The retailer is accepting Toys"R"Us and Babies"R"Us gift cards with a balance of at least $20 through midnight Thursday. A shopper will receive a Bed Bath & Beyond e-gift card instantly,…

Toys"R"Us has shut down its e-commerce websites for Toys"R"Us and Babies"R"Us as it continues the rapid liquidation of its U.S. operations after a failed bankruptcy restructuring. The Toys"R"Us and Babies"R"Us websites were turned off at 5 p.m. Thursday. Visitors to the sites are now being directed to a web page, goodbuytoysrus.com, which has information about the liquidation…

Southeastern Grocers LLC, the Florida-based operator of supermarket chains Winn-Dixie and Bi-Lo, said on Tuesday it filed for Chapter 11 bankruptcy protection to restructure debt. The company listed assets in the range of $1 billion to $10 billion and liabilities in the range of $1 billion to $10 billion, the Delaware bankruptcy court filing showed.…

Though too much debt and the pre-holiday season bankruptcy were cited as the main reasons for Toys"R"Us’ demise, I can’t help thinking that this story could have ended differently had the company done a better job of listening to its customers. Sure, Amazon.com with its treasure of data, is a formidable rival, as it is…

A flurry of management changes have taken place at leading retailers recently, including Jet.com, ModCloth and Tapestry. Jet.com: Walmart's Jet.com has named Tesco veteran Simon Belsham as president of the e-commerce company, effective immediately, the company told CNBC on Monday. Belsham will be responsible for expanding Jet's online grocery business, Walmart E-Commerce CEO Marc Lore…

Whole Foods has lost more than a dozen executives and senior managers since Amazon.com acquired it last summer, The Wall Street Journal has reported, citing former employees and recruiters helping them look for new jobs. Management departures are common when a company is bought, but one former employee told WSJ that "culturally, it's been a rough…