In a filing with the United States Securities and Exchange Commission, Kohl’s stated that it has taken action to further align its cost base in response to the business impact of the COVID-19 pandemic, and so reduced corporate positions by approximately 15%.
As part of an ongoing series of initiatives dealing with how it positions and compensates employees, Walmart is introducing a team-based operating model in its supercenters, one that has been in operation at Sam’s Club for the past year and it instituted in Neighborhood Market stores this year.
Imports rose to unexpected high levels this summer and may have hit a new record as the U.S. economy continues to reopen and retailers stock up for the holiday season, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.
Crate & Barrel and interior designer Leanne Ford have expanded upon their recent collaborations with a new 28-piece tabletop line.
As the company released its first global diversity and inclusion report, Walgreens Boots Alliance detailed recent efforts aimed at addressing health care disparity in underserved communities.
Bed Bath & Beyond has expanded its relationship with Google Cloud through a multi-year collaboration that will accelerate its omni-always transformation, enabling the company to better serve customers in a digital-first environment. To perform this work, Deloitte will also serve as strategic transformation services partner.
Taking a new design approach, Keurig has launched its new platform, Brew the Love Collaborations, which celebrates some of the brand’s biggest fans through partnerships to design their own Keurig collection. For its first-ever collaboration, Keurig partnered with designer Jonathan Adler, on a limited edition, boldly designed K-Mini Brewer with matching mug and K-Cup pod canister.
Overstock has opened a new fulfillment center in Fontana, California, in partnership with UPS Supply Chain Services. The new fulfillment center further aligns Overstock’s logistical footprint with key customers, significantly improving shipping speed, providing more accurate delivery estimates as well as a quicker port to warehouse process.
International Market Centers (IMC) will launch a new eight-episode video series this week, that summarizes style, product and consumer trends revealed at and driven by summer 2020 gift, home décor and furniture markets.
After launching a collaboration this spring, Crate & Barrel and interior designer Leanne Ford are expanding the assortment of her branded products through the retailer, including with a new fall collection.
Lowe’s is teaming up with Daymond John to introduce “Making It… With Lowe’s,” a nationwide, virtual search to bring products made by minorities, women, veterans, people with disabilities and those in the LGBTQ+ community to customers online and in-store nationwide.
This year’s version of Wayfair’s Way Day 2020 will kick off on September 23 at 12 a.m. eastern time. Wayfair said that its popular “retail holiday for home” will extend to a full two-day sales event offering discounts across thousands of the company’s top-rated products.
Amazon continues to provide opportunities for regular full-time and part-time jobs in its fulfillment and logistics network, and is hiring an additional 100,000 people throughout the U.S. and Canada on top of the 33,000 corporate and technology jobs announced last week.
In its annual holiday forecast, Deloitte anticipates retail sales to increase between 1% and 1.5%, although the consulting firm admits that figuring out what might go on as 2020 ends is particularly uncertain.