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Category: Stores


Retail Types, Stores

lululemon Unveils Its Strategic Plan to Accelerate Growth

April 24, 2019

Via: Retail Info Systems News

lululemon has unveiled its plans to fuel growth through its Power of Three strategic plan to drive product innovation, create integrated omni-guest experiences, and to expand deeper in key markets around the world. The growth strategy includes a plan to […]


Retail Types, Stores

Sears Sues Eddie Lampert, Claiming He Siphoned $2 Billion in Assets

April 19, 2019

Via: Retail Info Systems News

Sears Holdings Corp. has filed a blockbuster federal lawsuit that essentially claims former CEO Eddie Lampert drove the company into bankruptcy, by siphoning off the company’s assets and preventing it from being able to pay off debts. The suit accuses […]


Retail Types, Stores

The North Face to shutter 113 stores for Earth Day

April 16, 2019

Via: Retail Dive

The North Face seems to be taking a page out of REI’s playbook with this latest move, using Earth Day as a platform to talk about the outdoors and encourage both its employees and its customers to head outside and […]


Retail Types, Stores

Best Buy names new CEO

April 15, 2019

Via: Retail Dive

Joly since his arrival in 2012 has overseen a triumphant turnaround at Best Buy that has entailed trimming its store fleet and upgrading the remaining locations, at a time when Amazon seemed destined to decimate its market share in electronics. […]


Retail Types, Stores

Fred’s shuttering 159 stores

April 12, 2019

Via: Retail Dive

While earlier reports indicated that Fred’s would keep most or even all of its stores open, that is clearly not the plan. “After a careful review, we have made the decision to rationalize our footprint by closing underperforming stores, with […]


Retail Types, Stores

What’s the Story with Macy’s?

April 11, 2019

Via: Retail Dive

Macy’s has wasted little time in making use of its 2018 acquisition of Story, a quirky retail concept that since 2011, in New York City’s Chelsea neighborhood, has partnered with retailers and brands big and small. In what Story founder […]


Retail Types, Stores

Levi’s notches profit in 1st post-IPO quarter

April 10, 2019

Via: Retail Dive

On the company’s conference call with analysts on Tuesday, its first in a while, CEO Chip Bergh promised that its momentum would continue. “The strong results we delivered this quarter demonstrate that the strategic choices that we put in place […]


Others, Retail Types, Stores, Tech

Walmart adds nearly 4K robots to stores

April 10, 2019

Via: Retail Dive

Walmart’s latest announcement to add nearly 4,000 robots into stores further adds to the retailer’s growing emphasis on technology. Throughout 2018, the retailer piloted autonomous floor scrubbers, shelf-scanning robots, FAST Unloaders and pickup towers in several stores. This comes in […]


Retail Types, Stores

CVS extends same-day Rx delivery to 6K stores

April 6, 2019

Via: Retail Dive

CVS has been developing this service for a while now, and its nationwide rollout gives it strength against rivals like Walmart, Walgreens and Amazon. “This has the potential for CVS to secure a meaningful leadership position in eCommerce that it […]


Retail Types, Stores

Target announces June wage hike to $13 an hour

April 6, 2019

Via: Retail Dive

Target put the spotlight on the retail industry when it announced an hourly minimum wage increase of $11 in 2017. Employment experts viewed the increase as a way to stem the high turnover rate that plagued the industry. Since 2017, […]