Target Corp. announced Wednesday that sales at its stores that had been open at least one year fell more than 3 percent in November and December below sales from the same months in 2015. During the same period, the retailer’s digital sales grew 30 percent. Even …
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How Home Depot Analyzes and Uses Customer Data
The Home Depot collects data from digital resources, such as its website, promotional emails and social media, and uses that information to drive traffic to stores and better target its advertising and marketing efforts. A Home Depot executive discussed those methods Jan. 16 at …
Read More »Lowe’s Appoints New Chief Financial Officer
Lowe’s will have a new chief financial officer starting March 3. The big-box retailer has chosen Marshall A. Croom to replace Robert F. Hull Jr. in the role. Hull is retiring after 17 years with the company and will stay through March to help with …
Read More »Walmart to Add 10K Retail Jobs in the US
Walmart plans to add 10,000 retail jobs in the U.S. within the next year, according to The New York Times. Walmart says it plans to build, expand or relocate 59 Walmart and Sam’s Club stores and distribution centers. The company says …
Read More »Amazon Envisions Floating Distribution Centers
Amazon made its first successful product delivery by unmanned drone in December, and the online retailer had already been thinking ahead for ways to improve air delivery. Amazon filed a patent in 2014 for what the company calls “airborne fulfillment centers,” according to the patent …
Read More »Lowe’s Reducing Its Workforce
Lowe’s has plans for laying off and changing job descriptions for thousands of people in its workforce, according to The Wall Street Journal. Lowe’s employs more than 285,000 workers, and will be cutting the positions of less than 3,000 of them “as the home-improvement retailer tries to …
Read More »National Retail Federation Show Focuses on Future of Retailing
Thousands of people from across the retail industry arrived in New York to focus on the future of retailing over the weekend at the National Retail Federation convention. The retail trade association kicked off its 106th annual conference and exhibits, Retail’s Big Show 2017, in New …
Read More »Walmart to Cut 1,000 Corporate Jobs
Walmart will eliminate about 1,000 corporate jobs at the end of January, according to an article from The Wall Street Journal. Employees will lose jobs in the company’s human resources, technology and e-commerce departments, the article says. In a memo released to employees Tuesday, CEO Doug McMillon …
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