Big Lots Strikes Deal to Keep 200 to 400 Stores Open
In a significant turn of events, Big Lots, the close-out retailer that recently filed for bankruptcy, has reached a deal to sell a portion of its assets to Variety Wholesalers, Inc. This transaction, orchestrated with the assistance of Gordon Brothers…
Out of Stock Experience: A Major Factor in Abandoned Online Carts
In today’s competitive e-commerce landscape, where consumer expectations are increasingly high, the simplest oversight can lead to considerable financial losses for retailers. Recent findings from the AlixPartners 2024 Consumer Sentiment Index reveal a staggering statistic: two-thirds of consumers will abandon…
Super Saturday 2024: Insights and Opportunities for Retailers
As the holiday shopping season heats up, Super Saturday presents a pivotal opportunity for retailers to capture consumer attention and drive sales. Scheduled for December 21 this year, just four days before Christmas, this day is expected to see approximately…
Lowe’s 2025 Goals Driven by AI Platform Strategy
Lowe’s Companies Inc. has charted an ambitious path for growth and productivity initiatives as it gears up for a competitive era in the retail landscape. Central to its strategy is the enhancement of a best-in-class omnichannel experience that effectively caters…
NYC-Based Lincoln Market to Open Its Largest Store, in Hell’s Kitchen
Lincoln Market is set to elevate its presence in New York City with the announcement of its largest store to date. The independent grocer has secured a 20-year lease for a substantial 35,809-square-foot space at River Place, positioned in the…
### Meijer Triples Home Delivery Range to Serve 4 Million More Households
Midwest retailer Meijer has taken a significant step to enhance its home delivery service area just in time for the holiday season. Previously limited to a 20-minute radius, the service now covers a 60-minute area, effectively tripling its reach. This…
More Leadership Changes at Dollar Tree
In a strategic pivot less than two weeks after CEO Rick Dreiling’s resignation due to health issues, Dollar Tree has announced significant leadership changes aimed at reorienting its direction for sustained growth. These adjustments are critical as the retail environment…
Grocery Outlet’s Former CEO Returning to Lead Company
In a significant shift within Grocery Outlet Holding Corp., Eric Lindberg, the former CEO and current Chairman of the Board, has been appointed as the interim president and CEO, effective immediately. This transition comes in light of R.J. Sheedy’s departure…
EXCLUSIVE: Kroger, Inmar Team Up to Offer Flexible Savings Program
As inflation continues to affect daily life, shoppers are increasingly on the lookout for ways to save money, making personalization a significant focus for retailers today. In response to these evolving consumer needs, The Kroger Co. has partnered with Inmar…
Choosing the Right E-commerce Platform: Key Considerations for Success
In the rapidly evolving e-commerce landscape, businesses must adapt to meet customer expectations and maintain a competitive edge. With global revenues projected to reach $6.3 trillion in 2023, understanding how to select an ideal e-commerce platform becomes crucial for success….
