The retailer announced that John Bauer, who was most recently the chief logistics officer for TJX Companies, would take over the senior vice president of global inventory management role.
The company named Gil Phipps, currently vice president of Our Brands, to the role of vice president of branding, marketing and Our Brands, effective Aug. 15.
Eighty-seven percent of online shoppers will abandon their carts during checkout if it is too long or too complicated, while 55% of consumers would never return to that retailer’s site, according to new data from Splitit
Publix announced that it would be donating $5 million to more than 240 nonprofit organizations, including Feeding America member food banks that focus on alleviating hunger.
CVS Health is highlighting the ways that its MinuteClinic locations and its newly launched telehealth video visits make quality care more accessible to patients.
Despite being buoyed by same-store prescription growth of 9.5% in the retail/long-term care segment and 5.9% in its pharmacy services segment, the company still swung to a net loss of $2.6 billion, compared with $1.1 billion in net income in the prior-year period.
According to a new report from ABI Research, stores are striving to perfect how they serve customers, integrate various shopping and delivery channels and accurately count, control and predict available inventory.