Amazon names grocery veteran to head consumer business; After much mulling, Office Depot owner rejects both sale and split; Lowe's releases limited-edition NFT collection, digital assets for builders; Ron Johnson's Enjoy Technology wants to create a new form of retail. But first it must survive.
By turning sales data into purchase-based audiences, retailers enable massive efficiency improvements through RMNs. This same tactic works outside of RMNs too.
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The retailer was said to be exploring a spinoff of the business, but now says it’s cranking up its footprint and tying it more tightly to its full-line operations.
Doug Herrington, a 17-year company veteran who established AmazonFresh and was an executive at Webvan, will replace Dave Clark as head of the unit, formerly known as Worldwide Consumer.
The former J.C. Penney CEO has built out a fleet of mobile stores to bring the shopping experience to homes. Its losses are mounting, though, and cash is running out.
Consumers and investors are concerned that the industry’s stance on issues like collective bargaining at overseas suppliers isn't being applied to U.S. operations.
Physical retail in the U.S. is in retreat after over-building for decades, which calls for evaluating the future of stores and shopping centers. Learn how retailers like Petco are adapting in this Trendline.
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