Category Archives: Operations

At Home launches mobile app

Dive Transient: Alongside different retailers enhancing their cellular technique, At House has launched the At House Cell App and expanded its same-day supply service to all of its shops, the corporate introduced on Monday. The house decor retailer has partnered with DoorDash and Roadie to supply same-day deliveries to its clients, in response to the…

Nordstrom in search of new finance chief at a tricky time

Dive Temporary: Nordstrom Chief Monetary Officer Anne Bramman will step down from the position on Dec. 2, in line with a late-Monday submitting with the Securities and Alternate Fee. She arrived 5 years in the past to exchange longtime CFO Mike Koppel. Nordstrom Chief Accounting Officer Michael Maher will function interim CFO when Bramman leaves. The…

Michaels downgraded at S&P as pandemic craft boom wanes

Dive Transient: S&P World Rankings downgraded Michaels’ company credit standing to B- from B, in accordance with an emailed launch Friday. With expectations for a “shallow” recession and weak demand, analysts with the rankings company count on Michaels’ leverage to stay “very excessive” earlier than bettering subsequent yr.  S&P’s downgrade of the crafting retailer follows…

PayPal launches cash-back rewards program

Dive Transient: Increasing its rewards providing following the 2019 acquisition of Honey, funds large PayPal has created a rewards program that lets customers earn, redeem and handle their buying incentives inside the PayPal app, the corporate introduced on Monday. PayPal will reward clients who use the Honey browser extension to search out offers, the San…

Amazon opens second Style fashion store

Amazon is continuing its push into fashion by opening physical retail locations.  The company on Tuesday opened an Amazon Style store in Columbus, Ohio. It is the e-commerce giant’s second Style store in the U.S. and the first in the Midwest, according to information sent to Retail Dive.  Amazon Style launched in Los Angeles earlier…

Target’s Deal Days event drives an uptick in store traffic: report

Dive Temporary: Signaling the success of recent retail holidays, Goal’s foot site visitors elevated by 3.2% in the course of the week of October 3-9, 2022, in comparison with October 4-10, 2021, in response to a Placer.ai report.  The October Deal Days occasion, which ran Oct. 6-8, attracted practically 28% extra common every day visits from…

Target vet joins REI as VP of stores, retail operations

Dive Brief: REI this week named a vice president of physical stores and retail operations. Mary-Farrell Tarbox will join the company’s retail leadership and corporate officer teams and starts on Monday, per a company press release. At REI, Tarbox will oversee the company’s nearly 180 stores as well as its retail operations team. Of REI’s…

Asos overhauls operations as apparel demand becomes unpredictable

Dive Temporary: Asos on Wednesday introduced a sweeping overhaul of its enterprise, after swinging to a 32 million pound loss within the year-to-date interval ending Aug. 31, ($36 million as of Wednesday’s trade), down from final yr’s revenue earlier than tax of 177 million kilos. Revenues on the attire e-retailer, which acquired Topshop and different…

Over a third of retail execs are taking measures to clear inventory: study

Dive Temporary: As retailers put together for the vacation season, an Accenture survey of 150 retail executives discovered almost all of them (99%) stated they’d elevated their promotional exercise and availability ensures (98%) as a part of their vacation plans. Greater than a 3rd (37%) stated their firm is stockpiling objects to make sure they’ve…

Skip the line: Advanced checkout tech is surging among c-stores

Convenience store operators want more shoppers to venture inside their stores for snacks and drinks in addition to fueling up. But the last thing most customers want is to wait in line behind three other people at the cashier. Nowadays, they don’t have to. Self checkout lines have been added inside grocers and big-box stores…