Nordstrom Rack, looking to advance it’s Closer to You strategy, is adding three new merchandising and supply chain executives after its parent company closed out a strong fourth quarter. Parent Nordstrom named Nancy Mair, senior vice president, Rack...
Target Corp. will invest up to $5 billion on physical stores, digital experiences, fulfillment capabilities and supply chain capacity in 2022 to further differentiate its retail offering and drive continued growth, the company announced. Target plans to open 30 stores...
The fourth quarter saw Target Corp. post earnings that beat a Wall Street estimate although revenues fell short despite strong comparable sales. For the quarter, net earnings were $1.54 billion, or $3.21 per diluted share, versus, $1.38 billion, or $2.73 per diluted...
With spring breaking out in stores, if not necessarily outdoors, Target is launching hundreds of new items from such Target-owned brands as Opalhouse and Threshold. New items under the brands include those from Target’s exclusive design collections: Opalhouse,...
Wayfair has appointed Ashwin Rao chief science officer and Niraj Nagrani as vp of global supplier marketplace, pricing, catalog and merchandising technologies. Both will report to Wayfair’s incoming chief technology officer, Fiona Tan. Wayfair has charged Rao with...
