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Category: Retail Types


Retail Types, Stores

Walmart to lay off nearly 600 finance workers

June 18, 2019

Via: Retail Dive

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 […]


Retail Types, Stores

Target expands family leave, backup care for hourly workers

June 13, 2019

Via: Retail Dive

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 […]


E-commerce, Retail Types

Walmart to Fold Jet Into Its Own E-Commerce Operations

June 13, 2019

Via: Retail Info Systems News

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 […]


Retail Types, Stores

Kohl’s to Shutter All Its Discount Stores

June 12, 2019

Via: Retail Info Systems News

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 […]


E-commerce, Retail Types, Stores

As Walmart and Amazon war escalates, smaller retailers caught in the crossfire

June 11, 2019

Via: Retail Dive

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 […]


Retail Types, Stores

Walmart CEO backs higher federal minimum wage

June 7, 2019

Via: Retail Dive

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 […]


E-commerce, Retail Types, Stores

Amazon: New drone will start deliveries ‘within months’

June 6, 2019

Via: Retail Dive

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 […]


Retail Types, Stores

Walmart expands $1 a day degree program

June 5, 2019

Via: Retail Dive

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 […]


Retail Types, Stores

Walmart hires new leader for Store No. 8

June 4, 2019

Via: Retail Dive

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 […]


Retail Types, Stores

J.C. Penney downgraded by Moody’s after a rough Q1

June 3, 2019

Via: Retail Dive

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 […]