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  • Saks Fifth Avenue appoints new SVP, director of flagship store

    New York -- Saks Fifth Avenue announced Monday that John Cruz has been named SVP and director of the New York City flagship store, effective April 29.

    Cruz currently serves as VP and general manager of the company’s Beverly Hills store. He has worked at the NYC store before – as general manager 2005-2007 and VP and GM 2007-2010.

    Cruz replaces Suzanne Stemper-Johnson, who is leaving Saks to pursue other interests.

     

  • Kroger VP to retire

    Cincinnati -- Kroger on Tuesday announced the planned retirement of VP and pension investment officer, Rich Manka. His retirement is effective July 15.

    "Throughout his career, Rich has been a trusted member of Kroger's leadership team," stated Mike Schlotman, Kroger's CFO. "Pension plan trustees and participants alike have benefited from his vast knowledge and influence on investment strategies and plan designs. We thank Rich for his contributions to our company and industry and wish him the very best."

  • Supervalu cutting about 1,100 jobs

    Minneapolis -- Supervalu announced plans to eliminate about 1,100 positions nationwide, or about 3% of its national workforce. The reductions include both current positions and open jobs that will not be filled.

    The news comes less than a week after Supervalu completed the sale of five of its grocery banners, including Albertson’s and Shaws/Star Markets. The company said the sale of the five chains means that the remaining business will need "significantly fewer" corporate and store support roles and functions.

  • Kleinfeld Bridal to open in Hudson’s Bay flagship in Toronto

    New York -- Kleinfeld Bridal, the iconic New York bridal retailer and star of the hit reality show “Say Yes to the Dress,” will open a 20,000-sq.-ft. salon in Hudson’s Bay’s flagship location in downtown Toronto in early 2014. The Hudson’s Bay Company has exclusive rights to the brand in Canada.

  • 7-Eleven leases 17 stores in Cleveland area

    Dallas -- 7-Eleven will rebrand convenience stores in Ohio’s Cuyahoga and Lorain counties as part of a 19-store lease from Allentown, Pa.-based Lehigh Gas Partners LP.

    The effective date of the leases will vary, but all leases are expected to be in place by March 31, 2013.

  • Taxes a certainty for online sellers

    WASHINGTON — The days of online retailers getting an unfair advantage by not having to comply with state tax laws are numbered as the U.S. Senate has just passed the marketplace fairness amendment as part of the fiscal 2014 budget resolution.

    In response, the National Retail Federation released the following statement from President and CEO Matthew Shay:

    “We sincerely want to thank Senators Enzi and Durbin for continuing the fight for fairness on behalf of America’s small businesses owners.

  • Dollar General's legal head to retire

    GOODLETTSVILLE, Tenn. — Dollar General announced that Susan Lanigan, EVP and general counsel, has decided to retire from Dollar General later this year after nearly 11 years with the company.

  • Walmart expenses manager to speak at women's network event

    CHICAGO — The Network of Executive Women has unveiled its "2012 Annual Report," which features the personal stories of 10 network members, who explain how their engagement with NEW changed their companies, careers and lives.

    Among those featured are Kim Tisdale, manager of expense payables at Wal-Mart Stores, and Chris Albi, VP merchandising at Kroger.

    Additional highlights within the report include:

  • Family Dollar names merchandise head

    MATTHEWS, N.C. — Family Dollar Stores has named Scott Zucker to the newly created position of SVP merchandise operations. Zucker will be responsible for driving the strategy and execution of merchandise initiatives, category management, merchandise planning and replenishment. In his new role, he will report to Michael Bloom, president and COO.

  • Barnes & Noble Nook to offer in-app purchasing

    NEW YORK — Barnes & Noble announced that it will soon offer in-app purchaising via its Nook products through a partnership with industry-leading mobile payment provider Fortumo. App and game developers will be able to sell premium digital content in their products seamlessly and safely to millions of Nook customers through the Nook store (www.nook.com). 

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