Omnichannel News
Ikea launches $10M social fund for workers
November 23, 2022
Ikea is launching a $10 million social fund, as well as offering bigger staff discounts, to support workers dealing with higher living costs.
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Amazon laying off thousands of employees starting this month
November 22, 2022
Amazon is reportedly cutting 10,000 jobs starting this month which will focus on the retail division, devices unit and human resources.
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Home Depot beats analysts predictions in Q3
November 18, 2022
Home improvement retailer The Home Depot reported nearly a 6% spike in revenue for Q3, hitting $38.87 billion, and besting analyst expectations of $37.…
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Kohl’s chief to lead Levi Strauss
November 14, 2022
Kohl's top chief, Michelle Gass, is leaving the role come December.
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Puma partners with Nedap on inventory strategy
November 8, 2022
Puma North America is deploying Nedap RFID technology to gain greater visibility into inventory processes.
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Sears emerges from bankruptcy
November 8, 2022
Sears, once a brand-name retailer dominating in the suburbs, has emerged from bankruptcy with less than 24 stores in operation.
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NRF: Healthy holiday sales season ahead
November 7, 2022
This year's holiday sales season will be healthy despite economic challenges and inflation concerns.
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Amazon puts a hold on corporate hiring
November 4, 2022
Amazon won't be hiring any corporate-level leaders or executives for the next few month, citing the economy.
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Bed Bath & Beyond names interim chief to permanent role
October 28, 2022
Sue Gove, who has been serving as interim CEO for Bed Bath & Beyond, has been given the role officially.
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Retailers optimistic despite challenges in holiday season
October 11, 2022
Retailers are generally optimistic about the upcoming holiday season and there will likely be a ramp up in promotion despite challenges such as inventory…
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Target taps Prat Vemana as chief digital, product leader
October 10, 2022
Prat Vemana has been named EVP, chief digital and product officer at Target and begins the role as of Oct. 3.
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Many retailers unprepared to manage digital operations
October 5, 2022
While the number of digital assets and digital orders is expected to grow 24% and 16% respectively next year, just 32% of retailers believe they will be…
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Amazon raises hourly wage ahead of holiday season
September 30, 2022
Amazon is boosting its average hourly starting pay for frontline warehouse workers from $18 to more than $19 which it says reflects almost a $1 billion…
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Target CEO commits to 3 more years at helm
September 7, 2022
Target CEO Brian Cornell will continue in his role for the next three years while Arthur Valdez, EVP and chief supply chain and logistics leader, has retired…
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Study reveals 4 pillars driving tech innovation in customer service
August 29, 2022
Getting connected, process orchestration, knowledge and insight, and resource management are the four driving forces when it comes to tech innovation in…
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Retailers deploy NewStore mobile POS
August 26, 2022
The Mackage and SOIA & KYO retail stores are deploying NewStore's mobile POS and OMS to boost inventory management and store fulfillment and create an…
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Foot Locker taps former Ulta chief as CEO
August 24, 2022
Foot Locker Inc. has named Mary Dillon, former chief executive for Ulta Beauty Inc., as its next CEO.
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NRF: Economy strength keeping recession at bay
August 10, 2022
The U.S. economy isn't in a recession and there likely won't be one this year, according to the National Retail Federation.
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Healthy growth rate for omnichannel activity
August 9, 2022
Households that shop both in-store and online are growing at a rate of 10% year-over-year and online household penetration is now 6.4%, a 60% spike from…
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7-Eleven reduces corporate head count
August 2, 2022
Convenience chain 7-Eleven has cut about 880 U.S. corporate jobs.
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