Rite Aid is taking a remote-first approach when it comes to corporate associates by building a network of collaboration centers in markets where the drugstore chain operates to meet and collaborate in-person as needed. Do you think Rite Aid is on the right track with its remote-first approach to its corporate workforce and its use of collaboration centers?
David’s Bridal is holding its first-ever “$99 and Under Warehouse Sale” over a three-day weekend in late September at the Greater Philadelphia Expo Center. Are you a fan of mega, off-season sales events such as warehouse and anniversary sales?
Kohl’s CEO Michelle Gass has sought to create a unique identity for the chain since replacing Kevin Mansell in 2018. Yet just how much progress has been questioned by activist investors and industry watchers alike. What do you see as Kohl’s brand identity and to what extent is it wrapped up in those of its partner brands?
Hy-Vee announced that it is partnering with Johnson Fitness & Wellness, the largest specialty fitness retailer in the U.S., to open in-store fitness equipment showrooms in select locations. Do fitness equipment showrooms complement the Hy-Vee shopping experience or is it a stretch?
Walmart has issued a statement calling a press release sent out by Globe Newswire a fake. The false press release claimed that Walmart would begin accept litecoin cryptocurrency payments for online orders. Do you see fake news and misinformation spread through social media becoming a greater threat to retail businesses?
The White House’s plan to require companies with 100 or more employees to mandate vaccinations or conduct weekly COVID-19 testing was applauded by many trade and business groups. Will most consumers be more comfortable or less shopping in stores where they know all associates are vaccinated?
Shares of Kroger fell nearly eight percent on Friday after the grocer reported that gross margins in the second quarter came in lower than expected due to higher food prices, theft and supply chain costs. How much room does Kroger have in the current climate to raise prices to offset cost pressures?
Thrasio, the largest aggregator of third-party Amazon.com marketplace sellers, last week announced its three largest acquisitions ever and more deals in the works. Do you see the trend toward third-party Amazon marketplace roll-ups gaining more momentum, slowing or imploding in the coming year?
A recent survey of more than 25,000 people, aged 18 to 40, across 35 countries found half believing their age would help their chances of success. What’s the ideal age to start a retail business or launch a brand?
Restaurants are finding unique advantages in launching “virtual brands” to draw in new groups of customers or to test out new menu items. Do virtual brands represent a good way for restaurants to appeal to customer bases they wouldn’t normally do business with?
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