Walmart Chief Merchant Steve Bratspies will exit the company after 14 years, to be succeeded by executive Scott McCall, according to a memo from US CEO John Furner. The retailer has also named Sam's Club executive Dacona Smith as the new chief operating officer for Walmart US.
Walgreens Boots Alliance is trying a new tactic to boost beauty sales, after ramping up premium product offerings and adding 3,500 beauty consultants failed to drive growth. Walgreens has joined with Kroger to sell its beauty products in 17 Kroger stores, marking a shift in strategy from specialty to mass-market retail.
J.C. Penney will shutter six stores by April 24 and close a Kansas call center, as part of the department store retailer's yearly review of its operations, spokesman Brooke Buchanan said. The retailer will have 840 US stores after the closures.
The iPhone 12's capabilities reportedly will approach those of the MacBook Pro, and the phone is expected to include a long-range 3D camera, 6 gigabytes of RAM and 5G technology, along with augmented and virtual reality features. The processor that will underlie the next generation of iPhones is said to be a substantial improvement over the current processors.
Keeping costs down with a no-frills approach while increasing the variety of products available and sprucing up its stores has helped ALDI grow from 1,600 stores in 2017 to nearly 2,000 in 36 states by the end of 2020. The grocer is almost three years into a $5.3 billion expansion and renovation plan, and its revamped stores, which feature more fresh foods and produce, have seen traffic jump by 30% to 40%, according to store officials.
What started in 1980 as a small grocery has blossomed into the Northgate Gonzalez Market, which today is a Southern California staple with 41 stores. The family chain recently expanded into Riverside, with its new store serving locations in Orange, Los Angeles and San Diego counties, which employ a workforce of almost 6,000.
Protolabs has made updated prosthesis components for Winter X Games athlete "Monster" Mike Schultz, who began competing in adaptive snow bikecross after his left leg was amputated above the knee in 2008. The components, which include the use of 6061 aluminum, are more durable and give Schultz a better range of motion.
Fruit of the Loom has moved from using data simply for reporting to using it in predictive analytics modeling, supply chain forecasting and machine learning. Location intelligence technology such as geographic information systems has given the company detailed data on customers at particular stores.
With more retail workers looking for jobs that are flexible and engaging, many retailers are turning to technology-based management systems that offer planning, forecasting and scheduling benefits for both labor and management. Walmart, for example, recently debuted a new scheduling system that allows store associates to use an app to see schedules and pick up shifts, a move that many managers say is saving up to eight hours a week in back-office time.
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