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How profitable is online selling?

23 Comments
“What online-only company is really profitable? Basically none of them. That’s this dirty secret, ” said Everlane CEO Michael Preysman last week to explain why Everlane is opening stores. What…

Macy’s elevates diversity goals

8 Comments
Macy’s Inc. announced an extensive initiative to drive diversity and inclusion across its ranks, concerning not only employees but consumers and other external stakeholders. What advantages might Macy’s gain in…

Old Navy is ready to set sail on its own

12 Comments
Old Navy is coming off a tough second quarter during which its same-store sales fell more than five percent, but that doesn’t mean the value-priced clothing chain is losing confidence…