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Finance & Capital Management

  • Windsor uses cloud to optimize operations, support expansion

    Omnichannel success depends on the ability to scale operations to keep up with consumer demand.  

  • Walmart pays out $200 million in cash bonuses to hourly workers

    Walmart hourly employees are being rewarded for helping to improve customers’ satisfaction with the discounter’s stores.   The world's largest retailer said Wednesday it awarded more than $200 million in second quarter cash bonuses to more than 900,000 hourly workers across the United States.  

  • Dunkin’ Donuts opens milestone store

    It’s 12,000 stores and counting for Dunkin’ Donuts.   The chain on Tuesday opened its 12,000th restaurant worldwide, in Riverside, California. The new location is part of Dunkin’s strategic westward expansion.    It plans to open more than 30 new restaurants in California this year with plans for about 300 new locations total to be developed in the state over the coming years.  

  • Ascena Q4 profit misses

    Ascena Retail Group Inc., which operates apparel stores under the Ann Taylor, Loft, Lane Bryant and other banners, on Monday reported fiscal fourth-quarter earnings worse than Wall Street expected and also gave weaker-than-expected guidance for fiscal 2017.   The parent company of Lane Bryant, Ann, Justice and other apparel banners reported net income of $13.8 million, after reporting a loss in the same period a year earlier.  

  • Department store retailer in expansion mode

    Not all department stores are scaling back on their portfolio.    Von Maur Department Stores has opened its third location in the state of Georgia, a 165,000-sq.-ft. store at the Mall of Georgia in Buford.  

  • Toys 'R' Us’ ongoing turnaround plans include more stores

    Fun. And smaller stores.   Both are part of Toys “R” Us’ plan to revive itself, Bloomberg reported.  

  • Wal-Mart closes Jet.com deal

    It’s official: Wal-Mart is ready to service a new online customer base.   Wal-Mart’s acquisition of Jet.com was finalized yesterday, a move that extends the chain’s already vast digital presence.  

  • Tory Burch taps former Burberry exec

    John Douglas has been named chief technology officer at Tory Burch LLC.   In this newly created position, Douglas will be responsible for leading the company’s global technology and IT functions.   Previously, Douglas was the CIO with MCM Fashion Group. Prior to that position, he spent nine years as CTO at Burberry.  
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