Kohl’s said that Bruce Besanko has decided to retire from the company at the end of the fiscal year and will step down from his position as chief financial officer, effective November 1. At that time, Jill Timm, Kohl’s evp/finance, will be promoted to CFO.
Global parcel volume reached 87 billion in 2018, up from 74 billion in 2017, according to the Pitney Bowes Parcel Shipping Index, the highest figure since the index first appeared.
Hudson Group has signed an agreement to acquire assets related to the operation of Brookstone stores in U.S. airports from Apex Digital. Hudson has also obtained the right to be the exclusive airport retailer to operate Brookstone stores through a license agreement with Bluestar Alliance, owner of the Brookstone brand and trademarks.
Another chapter in the ongoing Bed Bath & Beyond saga of reinvention has been written with the hiring of former Target executive Mark Tritton as the home specialty store’s new president/CEO.
Two more e-commerce experts have joined the lineup of retailers who will participate in the one-on-one meetings with suppliers during the upcoming Home Improvement eRetailer Summit, scheduled for November 6-8, 2019, at the Hotel Monaco Chicago in downtown Chicago.
Zwilling J.A. Henckels has launched the new Kanren cutlery collection exclusively at Williams Sonoma. The company said the collection is named after the Japanese word for “connection.”
Target has named Michael Fiddelke evp/chief financial officer, effective November 1. The retailer also updated its merchant leadership following Mark Tritton joining Bed Bath & Beyond as CEO.
Imports at the nation’s major retail container ports are expected to hit their highest level of the year in November just before additional tariffs take effect in December, according to the Global Port Tracker report from the National Retail Federation and Hackett Associates.
Members of Generation Z influence a significant amount of household purchases and enjoy spending their own money, according to the latest issue of the Consumer View report released by the National Retail Federation.