It’s been another week with far more retail news than there is time in the day. Below, we break down some things you may have missed during the week and what we’re still thinking about. From Ugg’s Feel House pop-up to Digital Brands Group’s stock split, here’s our closeout for the week. What you may have…
Category Archives: Operations
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Dive Transient: Amazon CEO Andy Jassy should reply to the Nationwide Labor Relations Board for assertions made throughout media interviews earlier this yr that becoming a member of a union would put staff at an obstacle on the firm and that their relationships with supervisors could be higher in the event that they’re not a…
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Whilst they grapple with declining volumes, UPS and FedEx have each introduced their supply charges will quickly enhance by 6.9% on common. However the full power of their modifications may value shippers much more. How rather more will depend on elements just like the providers they use, packages they ship and the locations of their…
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As a part of taking up the highest job at struggling health model Peloton, CEO Barry McCarthy was supplied $168 million in complete compensation this 12 months — a majority of which is from his new rent fairness grant, in response to a submitting from the corporate this week. McCarthy’s base wage is $1 million, the…
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Dive Brief: As it expands, Fanatics has hired Orlando Ashford as its new chief people officer, according to a Thursday press release. In his new role, Ashford will be responsible for the company’s human resources operations across its commerce, collectibles, and betting and gaming arms. He will report to CEO Michael Rubin and CFO Glenn Schiffman…
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Dive Temporary: Amazon on Thursday stated its third quarter retail e-commerce gross sales rose 7% 12 months over 12 months to $53.5 billion, as bodily retailer gross sales rose 10% to $4.7 billion. Income from companies grew extra, with market vendor companies up 18 % to $28.7 billion, promoting up 25% to $9.5 billion and…