Category: Retail News
Retailers are losing $100 billion a year from return fraud, bots and coupon stacking, study says
Companies are losing $100 billion a year from all sorts of fraud, including setting up multiple email addresses to take advantage of promotions, Riski [...]
Former Starbucks CEO Howard Schultz steps down from coffee chain’s board
The former CEO of Starbucks, Howard Schultz, is leaving the company's board and transitioning to a chairman emeritus role. [...]
After Birkenstock’s ‘Barbie’ bump, iconic footwear brand seeks a big part in IPO market
Iconic footwear brand Birkenstock is planning to go public at a time when tech IPOs including Arm and Instacart are hoping to give the IPO market a jo [...]
Fanatics hires former Opendoor executive to run $5 billion sports merchandise business
Michael Rubin's Fanatics has made several executive hires in recent months as the sports platform continues to gear up for a potential public offering [...]
Target strikes deal with jeweler Kendra Scott as it gets ready for holiday season
The discounter Target reached the deal with Kendra Scott as it has struggled with slower sales, especially of discretionary merchandise. [...]
Macy’s-owned Bloomingdale’s taps international exec Olivier Bron as its next CEO
With the move, the legacy retailer Macy's is adding an outside perspective and a dash of global flair to its upscale department store, Bloomingdale's. [...]
UPS CEO sells investors on new labor contract as company sees stock slide ahead of holiday peak
UPS is billing the labor agreement with the Teamsters as a win for the company and its workers, as it looks to sell the deal to investors. [...]
The Future of Inventory Management: Trends and Solutions
Discover the latest trends and innovative solutions shaping the future of inventory management. Stay ahead of the competition and optimize your busine [...]
Bet against America’s love for junk food? Morgan Stanley sees tough times ahead for snack stocks like Hostess
J.M. Smucker's plan to buy Twinkies-maker Hostess Brands is a risky move, if Morgan Stanley's latest research is correct. [...]