Retail Executive News

04/25/2013 - 4:58pm
Max-Wellness to open new Mini-Max store format

Max-Wellness will debut its new format, Mini-Max, in Moorings Park, a premier upscale retirement community in Naples, Fla.

04/25/2013 - 4:47pm
Starbucks’ Q2 profit tops estimates

Starbucks Coffee Company reported that its second-quarter profit rose 26% to $390.4 million, up from $309.9 million last year, amid sales increases in the Americas and Asia regions.

04/25/2013 - 3:10pm
CSA hires tech expert

Chain Store Age is pleased to announce that Dan Berthiaume has joined the staff as senior editor, technology.

04/25/2013 - 10:34am
Best Buy CEO compensation for five months on job put at $19.6 million

The CEO of Best Buy, Hubert Joly, earned compensation worth $19.6 million in his five months on the job in 2012, the Associated Press reported.

04/25/2013 - 10:26am
Cabela’s announces plans for two new locations

Cabela’s Inc. announced plans to open two new locations, with one in Tualatin, Ore., and the other in the north Edmonton, Alberta, Canada, area.

04/24/2013 - 4:55pm
Senate confirms Wal-Mart’s Burwell as White House budget director

The U.S. Senate voted 96-0 to confirm former Wal-Mart Foundation president Sylvia Mathews Burwell as White House budget director.

04/24/2013 - 3:30pm
Top real estate and store development exec leaves J.C. Penney

Another Ron Johnson-appointee and former Apple executive has left J.C. Penney.

04/24/2013 - 11:55am
Survey: Cloud computing benefits retail bottom lines

A survey by open-cloud company Rackspace Hosting of 1,300 U.S. and U.K. companies revealed that retail in both countries has benefited from cloud computing via IT cost reductions, increased profits, improved disaster recovery and business agility, as well as strengthened out-of-office employee performance.

04/24/2013 - 11:53am
Children's Place CFO adds COO title

The Children's Place said that current CFO Michael Scarpa has also been appointed COO, effective immediately.

04/24/2013 - 10:48am
Bloomberg: Apple to grow aggressively in China

A Wednesday report by Bloomberg said that Apple plans to double its number of retail stores in China over the next two years to help offset slowing growth worldwide.

© 2013