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Tag: operating

Walmart names Sam’s Club exec Jamie Iannone US e-commerce operating chief

Walmart logo is seen at a store in Mountain View, California, United States on Tuesday, November 19, 2019. Yichuan Cao | NurPhoto | Getty Images Walmart has named Jamie Iannone its chief operating officer for U.S. e-commerce, after the Sam’s Club executive helped oversee digital initiatives for the retailer’s membership-based subsidiary. In a company memo …

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Moody’s: Operating income of department stores in 2019 to be down about 20%

Another dismal year for U.S. department stores will accelerate change in 2020. That’s according to a new report from Moody’s Investors Service, which said that despite strength in most other sectors of the retail industry in 2019, department stores lost momentum in 2019, with operating income for the year projected to be down about 20%. …

Moody’s: Operating income of department stores in 2019 to be down about 20%Read More

Moody’s: Operating income of department stores in 2019 to be down about 20%

Another dismal year for U.S. department stores will accelerate change in 2020. That’s according to a new report from Moody’s Investors Service, which said that despite strength in most other sectors of the retail industry in 2019, department stores lost momentum in 2019, with operating income for the year projected to be down about 20%. …

Moody’s: Operating income of department stores in 2019 to be down about 20%Read More

CAIT suggests imposition of minimum operating price for products, Retail News, ET Retail

NEW DELHI: Traders body CAIT on Sunday suggested the government to impose a “minimum operating price” for products, alleging that traders are at the receiving end of a pricing onslaught posed by e-commerce firms and brands in collusion with banks. The Confederation of All India Traders (CAIT) has written a letter in this regard to …

CAIT suggests imposition of minimum operating price for products, Retail News, ET RetailRead More