Starbucks plans to open or remodel 85 stores in lower-income rural and urban communities over the next five years. The new store openings will raise the chain’s total in poorer areas to 100 stores. The chain opened its “community store” in Ferguson, MO in 2016.
Retail sales in the U.S. rose 0.3 percent in December, according to the Commerce Department. Retail sales for the year, excluding auto and gas, were up 5.8 percent.
Sales at department stores were down 7.2 percent in November and December, according to the U.S. Commerce Department. The channel, which once represented the best of retailing, has stumbled for many years now as a wide variety of online and physical store competitors have done a better job of meeting the needs of consumers. Some…
Employees working at Barneys are concerned about what’s going on in the retailer’s stores as they move to shut down. The chain’s liquidation, workers argue in a letter to a bankruptcy court, has been “disastrous” with a lack of communication about personnel financial issues and personal safety.
Pinnacle Logistics plans to lay off 1,609 employees at the Baltimore-Washington International airport in mid-April The company that supports Amazon.com is taking the action as the e-tailing giant opens a 200,000-square-foot hub for its Prime Air operations in Baltimore. Amazon has offered jobs to hourly workers affected by the Pinnacle layoff.
Adidas struck gold when it launched Kanye West’s Yeezy brand in 2015. It thinks it will eventually do even better with the Ivy Park athletic wear brand from Beyonce. Queen Bey, as her fans call her, has over 133 million followers on Instagram, according to Bank of America Merrill Lynch.
A survey of 26,868 women by SOFI found that female supervisors experience 30 to 100 percent more sexual harassment than rank-and-file workers. Women in the lower end of management jobs experience more harassment than those near or at the top.
Alphabet, the parent company of Google, became the fourth U.S. company to top a market valuation of $1 trillion. Shares in the company have jumped 17 percent over the last three months. Apple, Amazon and Microsoft are the other members of the $1 trillion club.
Located at Rua Garcia D´avila, the trendiest retail spot in Rio de Janeiro, RSV + store comes to add to…
DeAnn Campbell, who heads up retail strategy and research at Harbor Retail, shares insight on the new retail model and how retailers can deliver a customer experience that attracts millennials and Gen Z shoppers without alienating the boomer shopper who really has all the money.