Retail is changing and a range of market research indicates that its direction is to give consumers more choice. According to the Adobe Digital Economy Index, online spending in the United States grew 8.6% in the November 1 to December 31 period to an all-time high of...
In moves to boost its digital operation, JCPenney announced that it has appointed Sharmeelee Bala to the post of chief information officer and Katie Mullen to the post of chief digital and transformation officer. Bala assumes responsibility for the information...
Big Lots, in a statement providing a fourth-quarter outlook, also offered a long-range growth plan that includes the addition of 500 stores and a margin plan that details a significant value-creation opportunity over the coming years. In doing so, Big Lots...
Mastercard SpendingPulse reported December retail sales closed strong in a robust holiday season that saw gains in stores and online while providing direction on trends likely to drive the sector in the year ahead. SpendingPulse, which measures in-store and online...
In a move to sell beyond its usual confines, Hy-Vee has announced an initiative that will give it the ability to serve shoppers across the United States with a focus on bulk food, pet supplies, and, perhaps surprisingly, home goods. The supermarket operator, with...
