by Mike Duff | Jan 16, 2025 | Retail Articles
Target Corp. issued a holiday sales performance update, including a 2% comparable sales gain, and announced a series of leadership changes made in part to boost the company’s technological and digital retailing capabilities. Target reported Mark Schindele, executive...
by Mike Duff | Jan 15, 2025 | Retail Articles
A recent survey conducted by The Harris Poll for grocery repurposer Flashfood indicated 83% of consumers in the United States report saving money is more important to them in 2025 than it was in other years recently, with 81% saying saving money on food is a priority....
by Mike Duff | Jan 15, 2025 | Retail Articles
Craft retailer Joann has filed for Chapter 11 bankruptcy protection for the second time in a year. Gordon Brothers Retail Partners is set as the stalking horse bidder in the Joann bankruptcy proceedings. Joann has commenced proceedings in the U.S. Bankruptcy Court for...
by Mike Duff | Jan 15, 2025 | Retail Articles
The Michaels Cos. board of directors has established an interim office of the chief executive officer to provide leadership continuity following the previously announced departure of former CEO Ashley Buchanan, who just took up leadership of Kohl’s. The office of CEO...
by Mike Duff | Jan 14, 2025 | Retail Articles
A survey sponsored by Talkdesk, a customer experience technology provider, revealed 88% of responding consumers used AI in some form during the recent holiday retail season, and 56% of shoppers said they were happier from having the technology available for support....
