Walmart offers stock grants in bid to incentivise store managers
Walmart has ushered in a new incentive aimed at incentivising and retaining its store managers. The US retail behemoth is offering stock grants that could amount to a considerable pay increase for those heading up the most successful stores.
Target bets on wellness to boost sales; 1,000 wellness products hit shelves
Target is stocking its shelves with more than 1,000 wellness products to support its customers on their wellness journey. The new products span multiple categories from apparel to supplements and tech.
Kering Acquires Prime Fifth Avenue Retail Space
Kering, the luxury goods conglomerate, has purchased a significant property in New York City for USD 963 million (EUR 885 million)
Arkhouse Proposes Strategic Acquisition of Macy’s Inc
Arkhouse Management Co. LP, a significant stakeholder in Macy’s Inc., has publicly announced its interest in acquiring the retail giant.
Target Announces Key Leadership Changes for 2024
Target Corporation announces Michael Fiddelke as the new Chief Operating Officer, effective February 20
Sephora Appoints New Chief Digital Officer
Anca Marola has been named the new global chief digital officer at Sephora, starting February 12.
Walmart reinvents the shopping wheel; new commerce announced at CES
Walmart is planning to harness tech deliver a new type of commerce to the shoppers of the future – one that is customer centric, interconnected, frictionless and consistently exceeds expectations.
Walgreens Boots Alliance Sees Sales Growth
Walgreens Boots Alliance, Inc. (WBA) released its financial results for the first quarter of fiscal 2024, ending November 30, 2023.
Sephora unveils birthday gift offer for 2024
Sephora has unveiled its birthday gift offer for 2024 for US and Canada. The gifts are available to the LVMH-owned retailer’s Beauty Insider members during their birthday month and can be redeemed in store for free on online with a minimum purchase.
Charlotte Tilbury to hit shelves in Ulta Beauty stores across the US
Charlotte Tilbury is set to hit shelves in some 600 Ulta Beauty stores across the US. The Puig-owned brand will join Ulta’s make-up assortment, which includes fellow prestige brands Fenty Beauty and Pat McGrath.
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