1. Channel: Club

Costco CFO says 50-cent wage increase poses expense ‘headwind’

Written by Posted on Less than 0 min read

Gary Millerchip said Thursday that Costco will continue looking for ways to offset the expected impact of its new employee agreement on SG&A.

View Original Article
Member since
Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, website, and app cover topics such as the future of brick-and-mortar, retail technology, e-commerce, marketing, payment technology, in-store operations, omnichannel shopper journey, and more. Retail Dive is a leading industry publication operated by Industry Dive. Our business journalists spark ideas and shape agendas for 7+ million decision makers in the most competitive industries. https://www.retaildive.com/
Do you like RetailDive's articles? Follow on social!

More from RetailDive

  1. Uncategorized

Mizzen+Main continues Southern expansion with Alabama opening

Located in Birmingham, the store is the brand’s 11th overall and first in the state. View Original Article RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, website, and app cover topics such as […]
< 1 min read
0
  1. Channel: Dollar/Value

Big Lots gets court OK for $550M in bankruptcy financing

​[[{“value”:” Dive Brief The funding will allow the bargain-focused retailer to continue normal operations, including paying employees and vendors. Published Sept. 12, 2024 A Big Lots store. The retailer expects to use Chapter 11 to close stores and execute a sale to Nexus Capital Management. Courtesy of Big Lots “}]]  View Original Article Vendors Associates Big […]
< 1 min read
0
  1. Corporate Finance

Saks.com snags up to $60M in additional liquidity

The infusion from Pathlight Capital and Bank of America will bolster the luxury online player’s financial position in a “challenging macro-environment.” View Original Article Results & Investment Sustainability RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The […]
< 1 min read
0
  1. Shopper & Customer

CVS launches app that lets shoppers access locked-up merchandise

The company is testing the feature in a few stores to address a customer pain point that has come to the fore as retailers attempt to thwart thieves. View Original Article CVS Brick and Mortar Shoppers RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the […]
< 1 min read
0
  1. Department: Consumer Durables

Lee collabs with footwear brand Heydude

​[[“value”:”The line with the Crocs-owned brand includes apparel and shoes and was the denim brand’s first collaboration to launch on Amazon.”]]  View Original Article Amazon Owned Brands (Private Label) Dept. Apparel RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily […]
< 1 min read
0
  1. Uncategorized

Macy’s faces proxy fight after rejecting takeover bid

Will investors be tempted by the idea of capitalizing on the department store’s real estate holdings? View Original Article RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, website, and app cover topics such […]
< 1 min read
0
  1. Corporate Strategy

Michaels lowers prices on over 5K products

The arts and crafts retailer has dropped prices to 2019 levels or lower, as it aims to help customers “stretch their dollar,” according to the CEO.  View Original Article Executives RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping […]
< 1 min read
0
  1. Uncategorized

Kohl’s announces store closures

The struggling department store said 27 locations will shutter by April and an e-commerce fulfillment center will close when its lease expires in May. View Original Article RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily […]
< 1 min read
0
  1. Stores & Formats

Ikea, Hobby Lobby opening stores in Manhattan for the first time

As tourism has increased, average asking rents in New York City have also risen, according to JLL’s Q2 report. View Original Article Brick and Mortar RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, […]
< 1 min read
0
  1. Uncategorized

The Container Store faces delisting as Q4 sales plunge

The retailer continues to struggle, especially with general merchandise. But margins expanded and losses narrowed for the quarter and full year. View Original Article RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, website, […]
< 1 min read
0
  1. Channel: Ecommerce & Digital

Amazon’s latest shopping event is a book sale

The e-commerce giant has produced a series of themed discount shopping days going into the summer.  View Original Article Amazon RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, website, and app cover topics such […]
< 1 min read
0
  1. Channel: Ecommerce & Digital

Amazon to end same-day delivery service from retailers’ local stores

​[[{“value”:” Dive Brief The program, called Amazon Today, will operate until Jan. 24 as the company streamlines its fast shipping offerings. Published Oct. 24, 2024 An Amazon courier carries a PacSun bag. Amazon Today, the same-day delivery service that has worked with retailers like PacSun, will shut down early next year. Courtesy of Amazon “}]]  […]
< 1 min read
0
  1. Corporate Finance

Pier 1, Stein Mart ownership changes hands

The backers of Retail Ecommerce Ventures have acquired its IP portfolio, allowing it to avoid bankruptcy. Now they’re looking to expand. View Original Article Bankruptcy RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, […]
< 1 min read
0
  1. Channel: Delivery

Home Depot expands on-demand delivery services with DoorDash, Uber Eats partnerships

The move adds to the home improvement retailer’s delivery capabilities, which also include a tie-up with Instacart. View Original Article Home Depot Food Delivery Delivery DoorDash Instacart Ubereats Partnerships RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The […]
< 1 min read
0
  1. Channel: Ecommerce & Digital

Kohl’s latest to compete with Prime Day

This month the department store is holding a sales event right after its “Summer Cyber Deals.” View Original Article Amazon Holiday & Events RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, website, and […]
< 1 min read
0
  1. Shopper & Customer

Adapting to consumer spending habits in 2024

Learn how grocery shopping trends have changed in 2024 and how your brand can adapt to the new spending habits. View Original Article Consumers Trends: Shopping RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email […]
< 1 min read
0
  1. Channel: Specialty & Other

Chewy posts 4.2% sales gain in Q4 even as active customers decline

The online pet retailer benefited from sales in the non-discretionary and health categories, as well as its Autoship subscription service. View Original Article Dept. Pet Chewy Marketing: Loyalty & Subscription Health & Wellness RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news […]
< 1 min read
0
  1. Corporate Strategy

Pottery Barn Brands CEO to retire

Dive Brief Marta Benson will exit in April, and two longtime Williams-Sonoma executives are slated to take over her responsibilities. Published Jan. 16, 2024 A Pottery Barn storefront in Maryland. The company on Friday said that CEO Marta Benson plans to retire in April. Caroline Jansen/Retail Dive “]] View Original Article Target Executives Marketing: Social […]
< 1 min read
0
  1. Associates & Employees

Lands’ End lays off 10% of corporate workforce

Most of those layoffs came in January, though some were the result of earlier changes to the retailer’s sourcing organization. View Original Article Associates RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, website, […]
< 1 min read
0
  1. Media & Marketing

Shoppers want personalization online, in-store and on customer service calls

​[[{“value”:” Dive Brief Personalization doesn’t end on the website or app. Customers are looking for personalized assistance from in-store associates and customer service agents as well, an Incisiv and Talkdesk study found. Published Sept. 16, 2024 An associate helps a customer at a Lowe’s store in Brooklyn on February 27, 2024 in New York City. […]
< 1 min read
0
Next