- Bed Bath & Beyond has named former Target CMO Mark Tritton as their new president and CEO. Following the announcement, shares of Bed Bath & Beyond spiked more than 21% on Wednesday.
- Dollar General is working on boosting its digital strategy to make it possible for customers to buy its wares online and pick them up at a nearby store. Analysts say that this move could help the retailer attract a younger demographic.
- Amazon hosted “AdCon 2019” in Seattle last week, promoting its $10 billion advertising business. The two-day, invite only event featured top executives and breakout sessions that showcased Amazon’s growing line of ad products.
Source: Bed Bath & Beyond taps former Target exec Mark Tritton as president, CEO, stock soars 21% | CNBC
Source: Dollar General Boosts Digital Strategy | Wall Street Journal
Source: Amazon held its first big ad conference last week, luring about 400 people to Seattle | CNBC
Omni Talk® is the retail blog for retailers, written by retailers. Chris Walton founded Omni Talk® in 2017 and have quickly turned it into one of the fastest growing blogs in retail.