In a changing shopping world, Walmart is using technology in its holiday outreach to consumers, one that even uses facial expressions to facilitate browsing for purchases and gifts, Kara Rousseau, vp/marketing, Walmart Connect, revealed in a blog post. The Facebook...
Despite headwinds including supply chain challenges, labor shortages and inflation, National Retail Federation president Matthew Shay said in a press event introducing the NRF holiday forecast that “very, very strong” momentum based on consumer spending has the...
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...