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Look inside Home Depot's massive new distribution center, which can hold up to 75 flatbed trucks (HD)
News 2 days ago
Look inside Home Depot's massive new distribution center, which can hold up to 75 flatbed trucks (HD)

Home Depot opened up a flatbed distribution center in Dallas in January. The Dallas Morning News' Maria Halkias was first to report on the new...

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Nearly 1,800 retail employees lost their jobs at 4 major companies this week — and it shows the great retail shakeout is far from over
News 3 days ago
Nearly 1,800 retail employees lost their jobs at 4 major companies this week — and it shows the great retail shakeout is far from over

Nearly 1,800 retail employees were laid off at four major companies this week, signaling ongoing strife for the industry even as the US...

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We went shopping at Macy's Backstage and saw why the department-store chain is banking on its off-price model to turn things around
News 3 days ago
We went shopping at Macy's Backstage and saw why the department-store chain is banking on its off-price model to turn things around

Macy's is expanding its off-price stores Macy's Backstage and Bloomingdale's The Outlet as part of a three-year revitalization plan announced on...

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The Drive-Thru: The companies revolutionizing retail, All-Star Weekend approaching, and layoffs at Wayfair, Walmart, and Kohl's
News 4 days ago
The Drive-Thru: The companies revolutionizing retail, All-Star Weekend approaching, and layoffs at Wayfair, Walmart, and Kohl's

Hello! Happy Friday! Can you think of a better way to spend your Valentine's Day than by scrolling through The Drive-Thru, Business Insider's...

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I shopped at Home Depot and Lowe's, the top home improvement stores in the US, and Lowe's was the clear winner
News 4 days ago
I shopped at Home Depot and Lowe's, the top home improvement stores in the US, and Lowe's was the clear winner

Home Depot and Lowe's — two of the top home-improvement stores in the US — offer similar product workshops and installation services. While Lowe's...

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Cashless stores once looked like the future of shopping — but backlash has complicated its arrival
News 5 days ago
Cashless stores once looked like the future of shopping — but backlash has complicated its arrival

Cashless stores have been a polarizing retail invention. They have been lauded as innovative and convenient in addition to being derided as sowing...

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Home Depot and Lowe's are gearing up to hire 133,000 employees for the springtime rush
News 5 days ago
Home Depot and Lowe's are gearing up to hire 133,000 employees for the springtime rush

Home Depot and Lowe's plan to hire thousands of employees this spring. Open roles will include both seasonal jobs and more permanent full-time and...

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This startup wants to help retailers like Toys R Us, Macy's, and Lowe's revamp their store experience — and it's raised $88.5 million to do it
News 6 days ago
This startup wants to help retailers like Toys R Us, Macy's, and Lowe's revamp their store experience — and it's raised $88.5 million to do it

B8ta, a tech-powered startup founded in 2015, uses software and analytics to create experiential store concepts. The company has dozens of its own...

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Silicon Valley is betting $750 million that people don't want to buy stuff anymore. These 14 startups are bringing the sharing economy to sailboats, swimming pools, and luxury watches.
News 6 days ago
Silicon Valley is betting $750 million that people don't want to buy stuff anymore. These 14 startups are bringing the sharing economy to sailboats, swimming pools, and luxury watches.

The share economy is booming, with giants like Airbnb and Rent the Runway as well as a long list of smaller startups targeting specific markets....

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Kohl's cuts 250 jobs while arguing that it is operating from 'a position of financial strength'
News 6 days ago
Kohl's cuts 250 jobs while arguing that it is operating from 'a position of financial strength'

Kohl's is set to lay off around 250 employees, according to a report from the Milwaukee Journal Sentinel. Fox 6 journalist Suzanne Spencer posted a...

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The retail apocalypse has forced stores to abandon the mall and transform into a destination where shoppers can take a 'vacation from reality'
News 1 week ago
The retail apocalypse has forced stores to abandon the mall and transform into a destination where shoppers can take a 'vacation from reality'

Traditional retailers and big-box brands are pivoting to small-format concept stores in order to experiment with new retail strategies and curb...

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These 17 companies are revolutionizing the retail industry
News 1 week ago
These 17 companies are revolutionizing the retail industry

Retail is changing rapidly, and companies must innovate to keep up. Customers are increasingly demanding that the shopping experience be bespoke,...

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Retail is evolving faster than ever before to keep up with the changing desires of consumers in the digital age
News 1 week ago
Retail is evolving faster than ever before to keep up with the changing desires of consumers in the digital age

The retail industry is evolving at a rapid pace to keep up with advancing technology and the ever-changing whims of consumers. For retailers, the...

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Take a look inside Amazon-owned Whole Foods' newest store, with self-pour beers and a fresh-cut pasta bar
News 1 week ago
Take a look inside Amazon-owned Whole Foods' newest store, with self-pour beers and a fresh-cut pasta bar

Whole Foods opened its newest US store on January 30. It features a half dozen self-checkout registers, a fresh-cut pasta bar, and self-pour taps...

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These 4 retailers have filed for bankruptcy or liquidation in 2020
News 1 week ago
These 4 retailers have filed for bankruptcy or liquidation in 2020

Retailers are already filing for bankruptcy in 2020. Papyrus and Earth Fare are two major names that are slated to shut down all remaining stores....

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The rise and fall of Macy's, a beloved American retailer that's now closing 125 stores
News 1 week ago
The rise and fall of Macy's, a beloved American retailer that's now closing 125 stores

As one of the oldest and largest department stores in the nation, Macy's is an icon of American retail. It set precedents and paved the way for...

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An Amazon exec who was a Kentucky warehouse manager is now one of Jeff Bezos' most powerful generals, overseeing marketing, logistics, Prime and drones. Meet 'the sniper' and his 15-member team. (AMZN)
News 1 week ago
An Amazon exec who was a Kentucky warehouse manager is now one of Jeff Bezos' most powerful generals, overseeing marketing, logistics, Prime and drones. Meet 'the sniper' and his 15-member team. (AMZN)

Amazon's SVP of Worldwide Operations Dave Clark's organization now covers everything from supply chain and deliveries to marketing, Prime, and...

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Macy's tech chief sheds light on the hundreds of layoffs announced this week in a letter to employees
News 1 week ago
Macy's tech chief sheds light on the hundreds of layoffs announced this week in a letter to employees

Macy's announced a three-year plan to turn around its business on Tuesday. This included the closure of over 100 Macy's stores, its HQ in...

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Macy's is turning its back on the mall and focusing on off-price stores and trendy lifestyle concepts to win over millennial shoppers
News 1 week ago
Macy's is turning its back on the mall and focusing on off-price stores and trendy lifestyle concepts to win over millennial shoppers

Macy's unveiled a three-year turnaround plan to cut costs and boost growth on Tuesday. Its CEO, along with other executives, gave an in-depth...

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Sephora plans to open 100 new stores from Charlotte to Nashville as it ramps up its presence outside of the mall
News 2 weeks ago
Sephora plans to open 100 new stores from Charlotte to Nashville as it ramps up its presence outside of the mall

Sephora is opening 100 new stores in North America in 2020. These new stores will open in 75 different cities including Charlotte, San Jose, and...

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Hundreds of Macy's tech workers are being laid off or relocated as the retailer closes an office in San Francisco
News 2 weeks ago
Hundreds of Macy's tech workers are being laid off or relocated as the retailer closes an office in San Francisco

Macy's CEO Jeff Gennette informed affected workers on Monday that the company would be closing its San Francisco tech office, according to...

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Macy's is closing 125 stores, cutting thousands of corporate jobs, and shuttering offices
News 2 weeks ago
Macy's is closing 125 stores, cutting thousands of corporate jobs, and shuttering offices

Macy's is closing over a hundred stores, cutting 2,000 corporate jobs, and shuttering offices as part of a three-year cost-savings plan. The...

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The Drive Thru: The coronavirus retail effect, Kobe Bryant's resale legacy, and Lowe's pay cuts
News 2 weeks ago
The Drive Thru: The coronavirus retail effect, Kobe Bryant's resale legacy, and Lowe's pay cuts

Hello! Welcome to the new era of The Drive-Thru, Business Insider's weekly roundup of the biggest stories in restaurants and retail! I'm Shoshy...

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Amazon just gave a big signal that it's going to step up its grocery business, and it could be a wake up call for competitors like Albertsons and Kroger (AMZN)
News 2 weeks ago
Amazon just gave a big signal that it's going to step up its grocery business, and it could be a wake up call for competitors like Albertsons and Kroger (AMZN)

Amazon added "companies that sell grocery products online and in physical stores" to its group of competitors for the first time in its annual...

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Hallmark stores are closing in 12 states. See if your local store is on the list.
News 2 weeks ago
Hallmark stores are closing in 12 states. See if your local store is on the list.

At least 16 Hallmark stores are closing in the first half of 2020. "It's just not a viable business any longer," one Hallmark store owner told the...

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The grocery wars are intensifying with Walmart and Kroger in the lead and Amazon poised to 'cause disruption'
News 2 weeks ago
The grocery wars are intensifying with Walmart and Kroger in the lead and Amazon poised to 'cause disruption'

Walmart and Kroger remain the top grocery leaders in the US with roughly 30% of combined market share, according to a new UBS report. UBS expects...

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Dire photos show empty shelves inside a Wuhan Walmart as coronavirus fears grow
News 2 weeks ago
Dire photos show empty shelves inside a Wuhan Walmart as coronavirus fears grow

Walmart shoppers in China are sharing images of empty shelves devoid of fresh produce, meat, and dairy as the retailer struggles to keep up with...

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I tried 5 store-bought spinach dips and Trader Joe's came out on top
News 3 weeks ago
I tried 5 store-bought spinach dips and Trader Joe's came out on top

Spinach dip is one of the most popular game day foods. With the Super Bowl coming up, I knew we had to find the absolute best store-bought dip. I...

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See what Lowe's looked like when the home-improvement giant first opened (LOW)
News 3 weeks ago
See what Lowe's looked like when the home-improvement giant first opened (LOW)

Lowe's can trace its roots back to 1921. That's when a businessman named Lucian Lowe founded North Wilkesboro Hardware in Wilkesboro, North...

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Walmart is testing higher starting salaries for some employees in 500 stores as the war for talent heats up
News 3 weeks ago
Walmart is testing higher starting salaries for some employees in 500 stores as the war for talent heats up

Walmart is testing raising starting wages for some store employees, the retailer confirmed to Business Insider. The superstore has created two new...

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