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Tag: associates

Report: Mall Owners CBL & Associates and PREIT File for Bankruptcy as Pandemic Pressure Continues

Mall owners CBL & Associates and Pennsylvania Real Estate Investment Trust (PREIT) have each filed for Chapter 11 bankruptcy protection, according to CNBC. Mall owners have faced financial pressure stemming from low foot traffic, but while some have been forced into bankruptcy, others have been acquiring struggling retailers to help maintain rents. PREIT, the largest …

Report: Mall Owners CBL & Associates and PREIT File for Bankruptcy as Pandemic Pressure ContinuesRead More

Walmart announces special cash bonus, plans to hire 150,000 new associates to keep up with coronavirus panic sales

Walmart announced plans to provide a special cash bonus for hourly associates for their hard work and dedication to serving customers in a time of an unprecedented national health crisis. The bonus is for all U.S. hourly associates in stores, clubs, supply chain and offices. The bonus will be US$ 300 for full-time hourly associates …

Walmart announces special cash bonus, plans to hire 150,000 new associates to keep up with coronavirus panic salesRead More

Survey: Customers like store associates – for some things

Get great content like this right in your inbox. Subscribe Retailers should be selective in what aspects of the in-store customer experience they automate. According to the new 2020 Consumer Shopping Trends survey of more than 1,100 consumers from Sensormatic Solutions, 64% of respondents still prefer to engage with in-store associates. Thirty percent prefer a …

Survey: Customers like store associates – for some thingsRead More

Survey: Customers like store associates – for some things

Get great content like this right in your inbox. Subscribe Retailers should be selective in what aspects of the in-store customer experience they automate. According to the new 2020 Consumer Shopping Trends survey of more than 1,100 consumers from Sensormatic Solutions, 64% of respondents still prefer to engage with in-store associates. Thirty percent prefer a …

Survey: Customers like store associates – for some thingsRead More

Brentwood Associates sells airport and resort retail group to U.K. firm

Get great content like this right in your inbox. Subscribe Brentwood Associates has sold another of its retail businesses. The private equity firm said it has entered into a definitive agreement to sell airport and resort retailer The Marshall Retail Group to an affiliate of WH Smith PLC. In November 2018, Brentwood sold lifestyle retailer …

Brentwood Associates sells airport and resort retail group to U.K. firmRead More

Study: Retailers give store associates more seamless capabilities

Store associates are rapidly gaining the ability to provide shoppers with omnichannel services. According to the annual Omnichannel Leadership Report from NewStore, close to seven in 10 (68%) store associates are using a mobile device in 2019, up from 60% in 2018 and 10% in 2017. The study, which assesses the omnichannel capabilities of over …

Study: Retailers give store associates more seamless capabilitiesRead More