Senior writer @FortuneMagazine covering retail and consumer goods. Reuters alum. Obsessed with 26.2, Def Leppard, Canadiens.

Walmart Brings Back Store Greeters to Improve Service, Fight Theft

Walmart Brings Back Store Greeters to Improve Service, Fight Theft
fortune.com — They're ba-ack. Walmart announced on Wednesday that it would revive its door-greeter program by mid-summer and deploy staff at store entrances and exits as it looks to improve customer service and fight shoplifting. At the majority of its nearly 5,000 U.S.

Aéropostale Store Closings: Here's the Full U.S. List

Aéropostale Store Closings: Here's the Full U.S. List
fortune.com — Struggling teen apparel retailer Aéropostale filed for Chapter 11 bankruptcy protection on Wednesday, falling victim to years of losses as fast fashion chains like Forever 21 ate into its market share, and long time rivals Abercrombie & Fitch and American Eagle Outfitters proved better at adapting to the changing tastes of young shoppers.

Aeropostale to file for bankruptcy, close 100 stores

Aeropostale to file for bankruptcy, close 100 stores
fortune.com — Unable to shake off a long slide in sales, teen retailer Aéropostale is set to file for bankruptcy protection this week and close more than 100 of its stores, the Wall Street Journal reported on Monday evening.

Sports Authority will close all 450 stores

Sports Authority will close all 450 stores
fortune.com — It's almost certainly the end of The Sports Authority's road. In March, the debt-laden retailer filed for Chapter 11 protection in federal bankruptcy court in Delaware, saying that it would close about 140 of its 463 stores. But last week, The Sports Authority gave up hope it could re-organize under bankruptcy protection, opting instead to auction itself off for whatever it can get.

Walmart Is Looking for Startups to Build Next Gen Retail Tech

Walmart Is Looking for Startups to Build Next Gen Retail Tech
fortune.com — Walmart wants you. If you're a tech startup with a way to solve today's retail problems for the world's largest retailer, that is. This week, Walmart announced it would hold a Technology Innovation Open Call in October in conjunction with Northwest Arkansas Technology Summit, an event that will bring together 100 members of Walmart's brass with startups devising the latest latest retail tech, whether it be for stores, logistics, big data, security, or social media.

Your Costco Membership Fees May Be Going Up

Your Costco Membership Fees May Be Going Up
fortune.com — All signs point to an increase next year in the cost of an annual Costco Wholesale membership, according to a Wall Street analyst. A Costco membership allows individual and business to buy items in bulk, from paper towels to mustard to detergent, at much lower prices than they'd find everywhere.

Coach Halts Long Sales Declines by Going Upscale

Coach Halts Long Sales Declines by Going Upscale
fortune.com — Coach's long corporate nightmare is finally over. The New York-based handbag and leather goods maker reported on Tuesday that comparable sales in North America, its biggest market by far, were unchanged in its most recent quarter. That was the first time since late 2013 they didn't fall.

America’s Department Stores May Have to Close Hundreds of Locations

America’s Department Stores May Have to Close Hundreds of Locations
fortune.com — To get back to their pre-recession productivity peak, the nation's top department stores would have to close hundreds of locations, according to a leading real estate analysis firm. Chains such as Sears , J.C. Penney and Macy's have been hit by a double whammy: the loss of market share to Amazon and specialty stores, coupled with chronic drops in shopper traffic to malls.

McDonald’s CEO Says Better Worker Benefits Boosting U.S. Sales

McDonald’s CEO Says Better Worker Benefits Boosting U.S. Sales
fortune.com — Turns out paying people a higher wage and giving them more benefits makes them work motivated. McDonald's on Friday reported its third straight increase in quarterly comparable sales, helped by moves such as bringing back All-Day breakfast and offering new menu options.

Cheerios angers fans with tweet about Prince

Cheerios angers fans with tweet about Prince
fortune.com — Brands are sometimes too eager to be part of the national conversation, leading them to send out ill-advised tweets. Cheerios, which is owned by General Mills , really stepped in it on Thursday, sending out a nice enough tweet out about music legend Prince's passing but angering many fans who saw it as taking advantage of a tragedy so quickly after his death.
More Articles →
May 04, 2016

Fairway on B'way reminds customers it's still in business despite the bankruptcy filing. pic.twitter.com/jNdZQ4KHIV

May 04, 2016

Walmart Brings Back its Greeters via @FortuneMagazine for.tn/1UzZyG8?xid=fo… $WMT better customer service, less shoplifting are the goals

May 04, 2016

absolutely apocalyptic- and they are no where another large city. Edmonton and Calgary are hours away. Horrific. twitter.com/ReutersMontrea…

May 04, 2016

Ralph Lauren CEO Shakes Up Management Team as He Pursues Growth bloom.bg/1X99CGQ via @business scoop by @lcrupp $RL

May 04, 2016

Lincoln Center President’s Abrupt Departure Was Prompted by a Relationship nyti.ms/23mJuYJ


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