In a sudden revelation, Heyward Donigan is departing Rite Aid where she was president, CEO and a board member, the company announced, adding that it has appointed Elizabeth “Busy” Burr interim CEO effective immediately. Rite Aid stated that the company has initiated a...
Two measures of corporate responsibility have just emerged — one from S&P Dow Jones Indices and the other from Newsweek — and they each include a roll call of retailers. Only three retailers, however, are on both: Lowe’s Cos. Best Buy and Gap. The two social...
Walmart is expanding its relationship with Gap, announced in June, with a new home products lineup including decor and housewares, Anthony Soohoo, executive vice president, home, Walmart U.S., announced in a blog post. Walmart’s exclusive Gap Home collection gets a...
This is the second installment of an exclusive HomePage News series examining the state of major home and housewares retailers entering the back half of 2021. Read all installments of the HomePage News series: Big Retail Beyond 2021. Walmart is an example of a major...
In case you weren’t paying attention, classic is cool again. The pandemic provided an unexpected opportunity for long-established, and sometimes sagging, brands to reset their relevance to a broad consumer base seeking basic, stable comforts in a refreshed...
