by Mike Duff | Jun 6, 2022 | Retail Articles
In an operational advance, Walmart has announced plans to build four new high-tech fulfillment centers including a 1.1- million-square-foot facility in Joliet, IL. The company also announced plans to build a 1.5-million-square-foot, high-tech fulfillment center in...
by Mike Duff | May 6, 2022 | Featured News, Retail Articles
Wayfair announced that it had a first-quarter loss as it adjusts to an environment where the COVID-19 pandemic is a lesser factor and other macroeconomic and political developments are pressuring operations. In addition, Wayfair announced that Michael Fleisher will be...
by Mike Duff | Apr 15, 2022 | Featured News, Retail Articles
In his first shareholder letter as Amazon president and CEO, Andy Jassy stated that a new world with a bigger role had opened up for the company during the COVID-19 pandemic and Amazon is evolving to meet the challenges and opportunities of the times. In assessing the...
by Mike Duff | Dec 16, 2021 | Retail Articles
Ollie’s Bargain Outlet Holdings announced that Mario Sampson has joined the company as svp/supply chain. The appointment follows on the release of Ollie’s third quarter financial results. Sampson will supervise the supply chain function including domestic and...
by Mike Duff | Nov 18, 2021 | Featured News, Retail Articles
Kohl’s made big gains in its third quarter, declared its Sephora shop roll out a success and worked to deal with supply-chain challenges. Kohl’s net income was $243 million, or $1.65 per diluted share, versus a net loss of $12 million, or eight cents per diluted...
