Channel: Specialty & Other

Articles about the specialty channel (Pet, Home Improvement, Office, etc.)

  1. Channel: Specialty & Other

Michelle Gass to Take the Reins at Levi’s when CEO Chip Bergh Retires in 2024

Current Levi Strauss & Co. President Michelle Gass will succeed CEO Chip Bergh when he retires next year, the company’s board of directors has announced. Gass will formally take the reins on Jan. 29, 2024, a few months prior to Bergh’s departure, which is scheduled for April 26, 2024. Bergh has been elected as Executive […]
3 min read
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  1. Channel: Specialty & Other

GameStop’s potential new strategy: Let Ryan Cohen buy other stocks with company cash

Struggling retailer GameStop is giving its CEO and chair Ryan Cohen even more control, including the ability to use company cash to buy other stocks. In its quarterly report released Wednesday night, GameStop announced two changes to its corporate investment plan: company cash can now be used to buy equities instead of just short-term debt, […]
2 min read
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  1. Channel: Specialty & Other

Chewy names new CFO

​[[“value”:” Dive Brief The DTC pet supplies retailer has been looking for someone to fill the role on a permanent basis after Mario Marte stepped down from the role in July. Published Dec. 7, 2023 A Chewy fulfillment center. David Reeder joins the online pet supplies retailer from semiconductor manufacturer GlobalFoundries where he served as […]
< 1 min read
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  1. Channel: Specialty & Other

Sears is a shell of its former self. So why is it reopening some stores?

​[[“value”:” This audio is auto-generated. Please let us know if you have feedback. Sears and Kmart once dominated the retail landscape. When the companies merged in 2005, they had nearly 3,500 stores. For context, that’s more stores than Target, Macy’s and Lowe’s currentlyoperate. But years of business missteps have reduced the once mighty retailers to […]
5 min read
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  1. Channel: Specialty & Other

Tuesday Eye-Opener:  Powered Down

by Kevin Coupe A few weeks ago, I looked askance at a comment by Best Buy CEO Corie Barry that blamed all the money that Taylor Swift fans were spending on concert tickets and merchandise for stagnant sales in her stores.  I thought it was a silly comment – a retailer’s job is to understand […]
2 min read
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  1. Channel: Specialty & Other

CVS Launches Programs to Add Transparency to Prescription Pricing

CVS Health will launch a new model for pharmacy reimbursements designed to bring greater transparency and simplicity to the system. CVS CostVantage, which the company plans to launch in 2025, will define the drug cost and related reimbursement with contracted pharmacy benefit managers (PBMs) and payors, using a transparent formula built on the cost of […]
2 min read
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  1. Channel: Specialty & Other

Kohl’s extends holiday bargains through December

​[[“value”:” Dive Brief The retailer is rolling out aggressive holiday deals this month giving shoppers the opportunity to earn Kohl’s Cash daily through Dec. 24. Published Dec. 4, 2023 By Tatiana Walk-Morris A Kohl’s storefront. The retailer has faced sales declines and an abrupt change in leadership this year. Courtesy of Kohl’s “]] 
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  1. Channel: Specialty & Other

’Tis the season for shopping and romcoms: RTIH runs back the week’s coolest retail technology plays

RTIH Editor, Scott Thompson, brings you his top ‘future of retail’ systems launches and deployments from the past week, including Amazon, Pinterest, Aldi, Walmart, HMV, New Look, TrusTrace, One Water, Polytag, BERSHKA, and 3DLOOK. Amazon Amazon has opened a Second Chance Store in London, giving festive shoppers the chance to buy quality returned products in-person, […]
5 min read
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  1. Channel: Specialty & Other

Including HMV, Asda, and Ikea UK: RTIH presents the retail technology week in numbers

Do you like numbers? Do you like retail systems news? Then this is the article for you. Including TrusTrace, New Look, Square, Fossil Group, NewStore, InPost, and the 2023 RTIH Innovation Awards. 5…This week, we announced the winning submissions for the 2023 RTIH Innovation Awards, sponsored by PMC, FreedomPay, Worldpay from FIS, CADS, 3D Cloud […]
6 min read
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  1. Channel: Specialty & Other

The Small Seller’s Guide To Holiday Live Selling

The holidays have always been an opportune time for small business owners to attract new customers, but this year could prove especially fruitful for retailers with the right strategies, as the National Retail Federation predicts holiday spending will jump 3%-4% from last year.  While brick-and-mortar establishments are welcoming holiday shoppers with doorbuster deals and glittering […]
4 min read
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  1. Channel: Specialty & Other

Retail Media is Omni-Funnel: How to Master It

When you imagine retail media’s place in a marketing funnel, do your eyes look toward the bottom? If so, you may miss out on the full-funnel benefits of retail media networks (RMNs). As marketers, we’re already sold on the performance advantages of RMNs: enormous sets of first-party consumer data, precise attribution and analysis, a future […]
4 min read
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  1. Channel: Specialty & Other

Big Lots Adds Uber Eats Delivery Option from 1,200+ Stores

Discount home goods retailer Big Lots has partnered with Uber Eats to offer delivery services from its more than 1,200 stores across the country in time for the holiday season. Uber Eats users will gain access to exclusive Big Lots brands like Broyhill home décor items as well as other brands and private label products, […]
< 1 min read
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  1. Channel: Specialty & Other

Big Lots Adds Uber Eats Delivery Option from 1,200+ Stores

Discount home goods retailer Big Lots has partnered with Uber Eats to offer delivery services from its more than 1,200 stores across the country in time for the holiday season. Uber Eats users will gain access to exclusive Big Lots brands like Broyhill home décor items as well as other brands and private label products, […]
< 1 min read
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  1. Channel: Specialty & Other

Best Buy sales fall 8% as electronics demand stumbles

​[[“value”:” Dive Brief The retailer lowered its guidance as a result of consumer uncertainty, but CEO Corie Barry said the sector should stabilize next year. Published Nov. 21, 2023 A Best Buy storefront. The retailer is revamping the merchandising in its stores with improved endcaps and more space for new product categories. Daphne Howland/Retail Dive […]
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  1. Channel: Specialty & Other

Kohl’s president, COO exits after less than a year

​[[“value”:” Dive Brief Dave Alves took on the roles this spring. Published Nov. 20, 2023 A Kohl’s storefront. Alves was appointed by the retailer in February and started in April, with three decades of experience in retail. “Kohl’s” by Mike Mozart is licensed under CC BY 2.0 “]] 
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  1. Channel: Specialty & Other

Holiday sales below year-ago levels as 2023 season begins

Key Takeaways Online Marketplaces like Temu and Amazon are outperforming Share of sales online is stable or rising across most categories Luxury and home goods are underperforming Holiday sales decline for first time in years Contact Sales for more details. Holiday sales are down 1.7% YoY in the first 8 days of the holiday season according […]
3 min read
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  1. Channel: Specialty & Other

Worth Reading:  Labor Pains

The Boston Globe has a story about how “nearly 500,000 workers have gone on strike this year, almost four times as many as the year before, according to the Cornell University School of Industrial and Labor Relations, and hundreds of thousands more have threatened to do so, leading to gains for auto workers, Hollywood writers […]
2 min read
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  1. Channel: Specialty & Other

Best Buy Health Partners with Leading Hospital to Support In-Home Care

In collaboration with Boston’s Mass General Brigham hospital, Best Buy Health will support an expanded home-based health care delivery model designed to improve how safe, quality care can be provided with technology and clinical expertise. The partners’ first priority is to scale and support Mass General Brigham’s Home Hospital, which will expand access to Massachusetts […]
2 min read
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  1. Channel: Specialty & Other

Best Buy, Home Depot Embrace Live Video Shopping for Holiday

Ahh, holiday fare: Rudolph the Red-Nosed Reindeer, How the Grinch Stole Christmas…and live video shopping from two of the country’s biggest retailers, The Home Depot and Best Buy. Merry & Bright, Home Depot’s shoppable content series, drops its three 10-minute episodes on Nov. 1, 2023 on Vizio, where they will be accessible through the end […]
2 min read
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  1. Channel: Specialty & Other

Claire’s Adds Kohl’s to Growing Roster of Retail Partnerships

Claire’s is adding to its growing retail presence through a new partnership with Kohl’s that will see an assortment of the brand’s jewelry, accessories and cosmetics featured in Kohl’s stores nationwide in time for the holiday season. Claire’s activation at Kohl’s began rolling out in early October and will be live at 700 Kohl’s across […]
2 min read
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  1. Channel: Specialty & Other

Overstock plans to relaunch namesake website by the end of 2024

​[[“value”:” This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Overstock on Thursday announced it plans to “reimagine” its namesake brand by relaunching a new, stand-alone website that will offer what the brand was originally known for — a broad selection of closeout home merchandise at clearance prices. This comes […]
3 min read
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  1. Channel: Specialty & Other

Amazon Going To The Dogs (& Cats, & More)?

CNBC reports that “Amazon is considering an expansion into veterinary telehealth in its latest bid to compete with Walmart, which began offering the service to Walmart+ subscribers earlier this year.” According to the story, Amazon, “which has already expanded into human health with its acquisition of One Medical, is a dominant player in pet food […]
< 1 min read
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  1. Channel: Specialty & Other

BuyBuy Baby to Reopen in Time for the Holidays

BuyBuy Baby is ready to “reclaim its spot as America’s leading specialty baby and toddler products retailer.” The retailer will soon return to both digital and physical retail, less than four months after it was purchased out of bankruptcy by baby care brand Dream on Me. The BuyBuy Baby website will relaunch later this month […]
2 min read
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  1. Channel: Specialty & Other

Mars unveils new brand experience with Uber Eats

CHICAGO — Mars Snacking, a global leader in the treats and snacks category, announced today a new collaboration with Uber and SKITTLES , with a new brand campaign launching across Uber and Uber Eats. The new collaboration, a first of its kind for Mars, delivers a sweet new experience for hungry Uber Rides and Eats consumers. The new […]
2 min read
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  1. Channel: Specialty & Other

BuyBuy Baby to Reopen in Time for the Holidays

BuyBuy Baby is ready to “reclaim its spot as America’s leading specialty baby and toddler products retailer.” The retailer will soon return to both digital and physical retail, less than four months after it was purchased out of bankruptcy by baby care brand Dream on Me. The BuyBuy Baby website will relaunch later this month […]
2 min read
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  1. Channel: Specialty & Other

Share of Wallet and Funflation

Kevin Jordan-Deen, SVP at Colgate-Palmolive, encouraged me last week to re-imagine and re-create a “Share of Wallet” cartoon I originally drew in 2009 during the “Great Recession”.   When I drew the original cartoon, I was GM for the recently launched Method brand in the UK.  Much of the recessionary marketing climate at the time […]
3 min read
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  1. Channel: Specialty & Other

NRF Retracts Claim that Organized Retail Crime Accounted for ‘Nearly Half’ of Retail Shrink

The National Retail Federation (NRF) has updated a report that had attributed “nearly half” of 2021’s $94.5 billion in retail shrink to organized retail crime, saying the data point was part of two-year-old testimony to a U.S. Senate committee by Ben Dugan, former President of the Organized Retail Crime Resource Center. The NRF report was […]
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