Target Raises Guidance | Alexa Gets A New Boss | Retail Sales Decline Again

Anthony Hucker, the new interim CEO of Winn-Dixie, Harveys, Bi-Lo, and Fresco Y Mas, is picking up where predecessor Ian McLeod left off: Expanding the grocery stores into new markets, staying competitive with pricing and brands, and playing it smart about demographics. The board of directors of parent company Southeastern Grocers will make the final call about whether Hucker's promotion is permanent. Read More...

As Facebook nears maximum ad load, the social media giant looks for new ways to keep growing its bottom line. It's introduced ads on its WhatsApp and Instagram platforms. Now, users of Facebook Messenger will start to see native ads as early as this month. Down the road, they may even be able to make purchases within the app just by clicking on these ads. Read More...

Current State Of US Consumer Confidence

Ever since the 2008 recession hit, the retail world has seen its fair share of ups and downs. In this piece, we explore the latest retail numbers shared by the Commerce Department this past Friday showing slumping consumer confidence. As the economy fluctuates and retail technologies evolve, we may be in for a tumultuous next few years. Read More...