As part of multiple executive moves, BJ’s Wholesale Club Holdings has appointed Rachael Vegas evp, chief merchandising officer. She will take on strategic leadership of the company’s merchandising and assortment planning and allocation functions, reporting to Paul...
After a long search, JCPenney has announced the appointment of a CEO, Marc Rosen, an executive who has long experience at Levi Strauss & Co. and Walmart. At the same time, the retailer announced that Stanley Shashoua, Simon Property Group chief investment officer,...
According to a study from National Retail Federation and Prosper Insights & Analytics, consumers have plans to spend $997.73 on gifts, holiday items and other non-gift purchases for themselves and their families during this year’s holiday season. Despite the...
Although Covid-19 continues to make its effects felt in the marketplace, results from the Deloitte 36th annual Holiday Retail Survey indicate that consumers will spend an average of $1,463 per household in the festive season this year, up 5% from 2020. Deloitte, as...
In releasing its “2021 Small Business Empowerment Report,” Amazon asserted that third-party sellers on its marketplace platform have created 1.8 million jobs in the United States and that the number of American small and medium-sized businesses that surpassed $1...
