NEW YORK — When it comes to boosting front-end productivity, Rite Aid has its eyes on private label.
Company president and chief operating officer Mary Sammons, speaking at a retail conference sponsored by Goldman Sachs Wednesday, said developing private brands "allows us to save customers money — 25 percent — but also allows us to improve gross profit by more than that 25 percent. That is important when you have to be competitive."
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"