1. Associates & Employees

Store closings come with human costs

Written by Posted on Less than 0 min read

Store associates and managers were hopeful that Harmon Face Values would be sold or otherwise spared from the tumult that has engulfed Bed Bath & Beyond. That was not the case as all the chain’s stores were closed, leaving workers to figure out where they go next.

View Original Article
Member since
RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years with compelling content that goes well beyond conventional headline reporting. Each business morning, our editors post timely topics worthy of commentary by the RetailWire BrainTrust panel of industry experts and general readership. The results are virtual round tables of industry opinion and advice covering the most dynamic trends and issues affecting the retailing industry. https://retailwire.com/
Do you like RetailWire's articles? Follow on social!

More from RetailWire

  1. Channel: Grocery

Albertsons Beats Profit, Revenue Expectations on Strong Demand for Groceries

Albertsons Companies has surpassed expectations for its quarterly profit and revenue, driven by strong demand for groceries and the popularity of its pocket-friendly private label brands. The company’s consolidation of private labels under the Signature Select brand and the bolstering of its loyalty program have been successful strategies in attracting customers to its stores, despite… […]
< 1 min read
0
  1. Channel: Delivery

Instacart handing out company-wide bonuses after pushing back IPO

Instacart in December will hand out cash bonuses companywide. The delivery service chose to distribute the bonuses in an attempt to retain staff following its decision to delay pursuing an initial public offering of the company’s stock. View Original Article Associates Delivery Instacart Results & Investment Start Ups RetailWire Member since October 25, 2020 Loading […]
< 1 min read
0
  1. Trends & External Forces

Squishmallows Launches Legal Fight Against Build-A-Bear ‘Knockoffs’

Warren Buffett is taking on Build-A-Bear, and he’s not backing down. His Jazwares company, which produces the wildly popular Squishmallows plush toys, has sued Build-A-Bear Workshop, saying its Skoosherz line of toys is a “knockoff” of their idea. View Original Article Dept. Nonfood Dept. Toys & Games Legal & Criminal RetailWire Member since October 25, […]
< 1 min read
0
  1. Acquisitions, Divestitures & Mergers

Four Paramount Board Members Step Down Amidst Skydance Merger Discussions

Paramount Global has confirmed four executives will step down. View Original Article Executives Mergers RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years with compelling content that goes well beyond conventional headline reporting. Each business morning, […]
< 1 min read
0
  1. Stores & Formats

Department stores added jobs in March as other retail verticals cut back

The 15,000 jobs added by department stores in March were not enough to offset significant losses in other retail verticals, including appliances, consumer electronics, furniture and home furnishings, according to the Bureau of Labor Statistics. The retail industry lost 15,000 jobs in March. View Original Article Dept. Nonfood Dept. Consumer Electronics Dept. Appliances Associates Consumers […]
< 1 min read
0
  1. Uncategorized

Boeing Pays Alaska Airlines for Midair Door Blowout

The company was paid $160 million in compensation. View Original Article RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years with compelling content that goes well beyond conventional headline reporting. Each business morning, our editors post […]
< 1 min read
0
  1. Channel: Specialty & Other

Bed Bath & Beyond’s chief customer and technology officer to leave retailer

Rafeh Masood, chief customer and technology officer at Bed Bath & Beyond, has resigned, effective Dec. 2. Mr. Massood’s departure marks another significant change in the retailer’s c-suite that saw CEO Mark Tritton ousted in June and CFO Gustavo Arnal die by suicide in September. Interim CEO Sue Gove last week was given the job […]
< 1 min read
0
  1. Uncategorized

Spirit Adds More Nonstop Flights to Standard Routes

The airline will add even more nonstop flights to its roster of locations the company services. View Original Article RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years with compelling content that goes well beyond conventional […]
< 1 min read
0
  1. Acquisitions, Divestitures & Mergers

Despite uncertain economy, 2022 was marked by sizable acquisitions

Yes, the biggest deal going is Kroger’s merger with Albertsons, a plan that has a major regulatory hurdle to clear before achieving fruition, but the retail industry was rife with acquisition activity in many sectors, including Amazon’s purchase of iRobot, ChannelAdvisor’s acquisition by CommerceHub, Estée Lauder’s nab of Tom Ford and the Victoria’s Secret/Adore Me […]
< 1 min read
0
  1. Department: Consumer Durables

Fisher-Price To Restock Its ‘Baby Stanley’ Cups After Selling Out

Want to twin with your little one with matching Stanley cups? Here’s your chance. View Original Article Dept. Toys & Games RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years with compelling content that goes well […]
< 1 min read
0
  1. Department: HBC

New Jersey’s cannabis board says ‘no’ to renewing Curaleaf’s license

The New Jersey Cannabis Regulatory Commission declined to renew Curaleaf’s annual license to sell marijuana in the state. Curaleaf, the largest producer and seller of legal cannabis in New Jersey, called the decision “an outrageous act of political retaliation” without legal merit. The company said it would use “any legal means necessary” to reverse the […]
< 1 min read
0
  1. Channel: Restaurants

Blackstone To Buy Tropical Smoothie Cafe

Alternative asset manager Blackstone is set to buy the restaurant chain Tropical Smoothie Cafe. View Original Article Restaurants RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years with compelling content that goes well beyond conventional headline […]
< 1 min read
0
  1. Uncategorized

Southwest Airlines To Begin Offering Red-Eye Flights

The flights should commence in two years. View Original Article RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years with compelling content that goes well beyond conventional headline reporting. Each business morning, our editors post timely […]
< 1 min read
0
  1. Shopper & Customer

Consumers will still spend as long as there is a sale on

Marked-down merchandising is the reason that retail sales grew 1.3 percent in October. “Broadly speaking, retailers could price products wherever they wanted to over the last two years and consumers would buy them,” said Mike Graziano, a senior analyst of consumer products at RSM US. “Now consumers are looking for deals like they do over […]
< 1 min read
0
  1. Technology & Innovation

Panera is testing Amazon’s palm-scanning tech

Two Panera Bread restaurants in St. Louis are testing Amazon One, the palm-scanning technology designed to give customers access to their loyalty program perks and enable payments. “We think the payment plus loyalty identification is the secret sauce that can unlock a really personalized, warm and efficient experience for our guests,” said George Hanson, chief […]
< 1 min read
0
  1. Shopper & Customer

Gen Z went to the mall on Black Friday

Gen Z consumers seem unfettered by inflation when it comes to shopping for Christmas gifts. “One standout this Black Friday was the high turnout of Gen Z in stores,” said Kristen Classi-Zummo, apparel industry analyst with NPD. “Younger consumers flooded the mall, treating Black Friday as a social event. They came early, they came with […]
< 1 min read
0
  1. Trends & External Forces

Economic data doesn’t support gloom and doomers

Corporate CEOs, analysts, portfolio managers and business news pundits talk about the U.S. economy as if it is currently in the tank or will very soon be there. The data doesn’t support these negative views as the job market remains strong, wages are up, consumers are spending and the nation’s economy continues to grow. View […]
< 1 min read
0
  1. Corporate Strategy

Billionaire Chewy Cofounder Ryan Cohen Takes Over as Gamestop CEO

Billionaire entrepreneur Ryan Cohen, co-founder of Chewy, has taken over as the CEO of GameStop, where he already held the position of executive chairman. Cohen, who owns a 12.1% stake in the company, succeeded former CEO Matt Furlong, who was dismissed after the company reported a larger-than-expected quarterly loss. Cohen won’t be receiving a salary… […]
< 1 min read
0
  1. Media & Marketing

Phony websites scam DTC brand and retail customers

Phony websites mimicking existing digital storefronts use the offer of big discounts to lure in unsuspecting customers who place orders and, in the process, give thieves access to their personal financial information. View Original Article Results & Investment Marketing: Trade Pricing & Promotions RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is […]
< 1 min read
0
Next