Bed Bath &?Beyond has appointed Wade Haddad?as svp/real estate and construction. Haddad?joins with over 25 years of real estate experience and will lead the company’s recently announced store optimization strategy.?
Despite talks, J.C. Penney has not been able to reach a deal with landlords and so lenders may wind up taking the company over.
Long anticipated, Walmart+ has finally arrived as a membership-based deal with added bonuses.?The program, Walmart stated, brings together in-store and online benefits to save customers money and time. It also gives Walmart a competitive vehicle it can use to challenge Amazon Prime.
Costco is committing $25 million to a new impact investment fund that will fuel Black-led financial institutions and community development initiatives.
COVID-19 has brought the supermarket channel to a crossroads, as a tried-and-true format that has been challenged to fundamentally adapt to a disrupted marketplace that could provide the sector some advantage but could severely penalize those that refuse to adjust to an altered reality.
An early proponent of buy online pick up in store, Best Buy is again looking to expand the role of its stores in the distribution and fulfillment process, the company revealed in its second quarter conference call.
The Home Depot Foundation is increasing its disaster response commitment for 2020 to?$4 million?to further support community relief and long-term rebuilding efforts in the states impacted by Hurricane Laura.
Ace Hardware International, a subsidiary of Ace Hardware Corp., will launch operations in Mexico.
Dollar General has promoted Kathy Reardon to evp/chief people officer. Reardon joined Dollar General in 2009 and has most recently served as senior vice president and chief people officer since March 2019.