Author Mike Duff
In February, Ikea celebrates 50 years of its Ivar storage system as it rolls out a new range of colorful products to the company’s U.S. stores.
Wal-Mart Stores has promoted Judith McKenna to the position of president and CEO of Walmart International. McKenna, who has been evp and COO at Walmart U.S., will assume her new role on February 1 and will report to Walmart president and CEO, Doug McMillon.
The recently enacted federal income tax cut is likely to benefit an already strong economy this year and into 2019, but there could be variations on its impact regionally and uncertain long-term effects, economists said during a roundtable event at the National Retail Federation’s Big Show in New York.
FlexShopper, a national online lease-to-own retailer and LTO payment solution provider, has announced record year-over-year lease origination growth in December 2017, with gross lease originations increasing 27.5% to 25,140 from the month last year.
In what it characterized as a decision to share the benefits of a lower tax rate, Walmart is increasing the starting wage rate for all hourly associates in the U.S. to $11, expanding maternity and parental leave benefits and providing a one-time cash bonus for eligible associates of up to $1,000.
Retail TouchPoints, a customer engagement strategies network, has named the winners of its 2018 Customer Engagement Awards.
Overstock.com’s svp/software engineering, Amit Goyal, has been named chair of the VR/AR Association’s global retail and e-commerce committee.
DALLAS— For the Dallas International Lighting Market, here, Dale Tiffany will advance an initiative that has allowed it to become…