Macy’s longtime CEO, Terry Lundgren, will step down in the first quarter of 2017, to be succeeded by a company veteran.
In a big step to grow its business in China, Walmart has entered into an agreement to acquire a 5% stake in JD.com, China’s second largest e-commerce company.
Bed Bath & Beyond made another move to boost its online offerings by acquiring a home furnishings and home décor flash-sales site.
Wal-Mart Stores is undertaking a series of executive changes at its international divisions, starting with a new head for its struggling United Kingdom business, Asda.
Chain Store Age editor Marianne Wilson spoke with Chris Rowland, CEO, Pet Supplies Plus, about the company, which has set a goal of opening more than 200 franchise locations by 2020.
The store is making a comeback. Even online pure plays are laying down bricks and mortar, setting up “shop-in-shop” stores and large flagships to keep pace in the multichannel world.