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Office Depot Makes Changes In Leadership Team

PYMNTS

Office Depot has made some key changes in its leadership team, including naming a new chief digital officer. The company also named Troy Rice as president, retail division — a position that will focus on the company’s B2C customers. According to Chain Store Age , Kevin Moffitt is now the company’s chief digital officer.

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Lowe’s, PetSmart And Others Take On New Leadership

PYMNTS

That doesn’t fly in today’s fast-moving and competitive retail world, and smart executive teams know it — which may be why so many of them have been switching out or adding new members of late. At JCPenney, he was tasked with turning things around for the struggling retailer. Specialty pet retailer PetSmart has brought on J.K.

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Pepsi CEO Indra Nooyi To Step Down

PYMNTS

Net revenue climbed from $35 billion in 2006, to $63.5 Nooyi was a strong advocate of keeping the brands together, which she believed gave the firm better leverage over retailers. With Nooyi’s departure, the rest of PepsiCo’s senior leadership team will remain unchanged, according to the firm. billion last year.

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Here Are 35 Casualties Of The Retail Apocalypse And Why They Failed

CB Insights

Modern-day retail is at an inflection point as retailers face struggling physical storefronts, massive debt, and inefficient operations, among other issues. Formerly beloved brands such as Aeropostale, American Apparel, and PacSun bit the dust in 2016, and the pace of retail deaths has accelerated since then.

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Hackers No Match For Designer Handbags

PYMNTS

Suffice to say that the retailer is hoping shoppers will choose the mall with a mobile and wants to get ahead of the game. While many retailers plan to keep their doors firmly closed on Thanksgiving, Macy’s is opening them one hour earlier than last year, according to USA Today. retail chains — T.J. More turkey or shopping?

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Amazon Vs. Alibaba: How The E-Commerce Giants Stack Up In The Fight To Go Global

CB Insights

BRIEFING: Surviving the Retail Apocalypse. How are brick-and-mortar retailers surviving and adapting in the world of digital commerce? They also know how successful a retailer can be if it builds a leading e-commerce presence and brings a country into online retail. First Name. The Amazon Ecosystem Effect.

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Fools Rush In: 37 Of The Worst Corporate M&A Flops

CB Insights

When mobile phone company Danger Inc was created in the heady days of 2000 with execs from Apple, Phillips, and WebTV, it looked like a leadership dream team. Date: November 30, 2006. Date: February 6, 2006. In 2006, it was the most-visited website in the US, even beating out Google. Date: April 15, 2008. Price: $500M.

Google 76