June 16, 2025
| This week’s operations news and insights for retail leaders
As part of a multiyear strategy, the Canadian brand is closing underperforming stores, upgrading its fleet and investing in marketing.
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The private equity-owned company’s latest Chapter 11 filing comes at an awkward time for a retailer dependent on holiday sales for 40% of its revenue.
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Eight months in, Hill has changed leadership structures and brought in new hires. At the same time, several long-time executives have retired.
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Deep Dive
Rapidly advancing AI could let cashierless payment companies succeed where Grabango failed, industry insiders and observers say.
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The previously announced closure comes as the e-commerce giant builds a same-day delivery facility in the region.
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The company told BMO Capital Markets it has mostly repaired supplier relationships, though luxury brands tell other analysts its ability to pay remains a top concern.
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The department store chain was one of the first targets in an international spree of attacks disrupting retailers.
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The tech could position Amazon retail as an AI play, according to Bank of America Securities analysts.
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The location boasts an 88,000-square-foot showroom and a 218,000 square-foot warehouse, and is meant to be a community hub.
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Newly arrived marketing chief Elizabeth Preis has been tasked with customer acquisition as the lingerie giant continues to lose market share.
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From Our Library
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