Category: Retail Types

June 18, 2019

Walmart has been trimming its corporate and back-office operations in an effort to become a leaner business. Jobs in its corporate office and optical services were cut last year, for example. The workers will be leaving the Charlotte office starting […]

June 13, 2019

Target is among the forward-looking employers that have extended workplace compensation and benefits as part of their recruiting and hiring strategies. The retailer boosted its minimum wage to $13 an hour earlier this year. Paid family leave was a benefit […]

June 13, 2019

More than two years after Walmart bought Jet.com, the retailer plans to fold Jet into its e-commerce operations and reposition the business, Marc Lore, president and CEO, Walmart eCommerce U.S., announced in a blog post. Jet has functioned as a […]

June 12, 2019

Kohl’s Corp. is shutting down all four of its Off/Aisle discount stores. The Off/Aisle locations, three in Wisconsin and one in New Jersey, will close on August 3, reported the Milwaukee Journal Sentinel. Kohl’s debuted the off-price format in 2015 […]

June 11, 2019

The general merchandising giants — namely Walmart and Target — have been winners so far this year in a bruising retail market even as they compete against an ever-growing Amazon, which has the advantage of largely “profit-agnostic” investors, in the […]

June 7, 2019

McMillon spoke amid heightened public attention around Walmart’s shareholder meeting due in part to the presence of presidential candidate Sen. Bernie Sanders, I-Vt., who also spoke at the event, according to a reports from NPR and other media outlets. Sanders […]

June 6, 2019

Amazon’s gung-ho attitude toward speed takes another step with the introduction of its latest drone. “Can we deliver packages to customers even faster? We think the answer is yes,” Amazon Worldwide Consumer​ CEO Jeff Wilke wrote in a blog post […]

June 5, 2019

Walmart is opening the program to the high school students it employs. They will be able to take seven credit hours during high school and can go on to earn a degree in technology, business or supply chain management through […]

June 4, 2019

Based in Silicon Valley, Store No. 8’s charge is to keep Walmart competitive years into the future by trying to anticipate, if not create, retail’s future. It’s an R&D lab for a company that rose to dominance focusing on the […]

June 3, 2019

While Penney has a hefty mound of debt on its books — with long-term debt of $3.8 billion and quarterly interest expenses of $73 million, as of Q1 — Boni and her team note the retailer still has ample liquidity […]