The biggest beneficiary of the department store’s plan to shrink its footprint is TJX, which runs T.J. Maxx and other retailers, analysts say.
Jack Schwefel’s resignation is effective immediately, and former CFO David Stefko will hold the position until a successor is named.
The latest direct-to-consumer subscription plan does not involve apparel or cosmetics.
While that represents meaningful growth, it’s down significantly from a 2022 prediction that the market would reach $82 billion by 2026.
Tim Hortons customers in Canada will now be able to purchase surplus food through a new partnership aimed at curbing food waste.
The Wendy’s Company is deploying a new artificial intelligence (AI)-based loyalty platform to offer features such as gamification and personalization.
Clinique, an Estee Lauder company, is continuing to expand its digital commerce touchpoints.
Carlisha Robinson was promoted to the role, as the company also announced the launch of Overstock.com this week.
CMO Kenny Mitchell explains how “The Floor Is Yours” positions the brand as the “unofficial uniform for progress” and will “pass the pen” to consumers.
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