IDC: Top 10 predictions for global retail in 2023

Wiley announced the departure of Brian Napack as President and Chief Executive Officer and the appointment of Matthew Kissner as Interim CEO, effective immediately. Mr. Kissner previously served as Wiley’s Group Executive and Board Chair, as well as Interim CEO from May to December 2017. Wiley will be rescheduling its planned October 12 Investor Day for a later date to be determined. In June, Mr. Napack and Wiley’s executive leadership announced a value creation plan that includes intensifying focus on Wiley’s strongest and most profitable businesses, divesting non-core assets, and rightsizing and streamlining the Company. Mr. Kissner will leverage his in-depth knowledge of Wiley’s operations and his professional experience to execute this plan and ensure a smooth transition. As previously disclosed, Fiscal 2024 is a transition year for the Company with the benefits of the value creation plan expected to be realized in fiscal year 2025 and 2026.

Kohl’s announced its continued partnership with Children's Hospital of Wisconsin with a donation of $800,000 over the next two years to fund a new program, Mission: Healthy Kids, that raises awareness statewide about the importance of healthy eating and active living in children’s physical development, ability to learn and emotional well-being. “Kohl’s shares Children’s Hospital of Wisconsin’s commitment to children’s health,” said Jen Johnson, Kohl’s vice president, corporate communications. “We are proud to partner with Children’s Hospital of Wisconsin to encourage children and families across the state to make active and healthy choices in support of a healthy lifestyle.” Click Read More below for additional information.

Amazon, Booking.com, Expedia Group, Glassdoor, Tripadvisor, and Trustpilot announced they have teamed up to launch the global Coalition for Trusted Reviews, a cross-industry collaboration committed to protecting access to trustworthy consumer reviews worldwide. Together, members will define best practices for hosting online reviews and sharing methods of fake review detection, aiming to stop fake reviews at the source. Companies met in October 2022 in San Francisco at the first ever Fake Reviews Conference, organized by Tripadvisor. Attendees heard from experts in government, academia and the industry at large on common challenges and potential mitigation approaches related to the issue of fake reviews. This resulted in the establishment of a formal coalition to collaborate on public education and ongoing information sharing between members, in an effort to decrease review fraud.