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Marketing

  • Off-pricer announces senior management promotions

    Burlington Stores is promoting three key executives, with the appointments all effective January 30, 2017.   The appointments include the following:    • Jennifer Vecchio, executive VP/chief merchandising officer since May 2015, will be promoted to the newly created role of chief merchandising officer/principal, and will assume responsibility for the merchandise planning, allocation and MIO functions.  

  • New chief human resources officer named at Rite Aid

    Rite-Aid has named Ken Black senior VP and chief human resources officer, effective immediately.   Black, who served as the drug chain’s group VP of compensation, benefits and shared services, will succeed Dedra Castle, who is leaving the company for personal health reasons.   Black will report to CEO John Standley, and be responsible for all aspects of human resources, including training, recruitment, talent management, compensation and benefits, labor relations, leadership development and diversity.

  • Target names new chief marketing officer

    Target has made a key addition to its executive team.    The discounter has promoted Rick Gomez to the position of executive VP and chief marketing officer, effective Jan. 29. Gomez, currently senior VP of brand and category marketing, has been with Target since 2013. He replaces Jeff Jones, who left Target last summer to become president of Uber.   

  • Whole Foods Market bringing value format to Northeast

    Whole Foods Market has announced the first Northeast location for its streamlined and value-oriented 365 by Whole Foods Market concept.   The retailer will open a 365 store in Brooklyn, New York, in the Fort Greene neighborhood, not far from the Barclay Center. The opening date was not announced.   Whole Foods debuted the 365 format in 2016, and has opened three locations to date, in Silver Lake, Calif; Bellevue, Wash., and Lake Oswego, Oregon.  

  • Best Buy CEO says he’s not leaving

    Hubert Joly, chairman and CEO of Best Buy, denied a report that has him taking the helm of a European retailing giant.    A report by Reuters, which cited Brazilian newspaper Valor Economico, said that Carrefour, the world’s second largest retailer, had identified Joly as a replacement for its current CEO, Georges Plassat, whose term ends in May 2018.     

  • Starbucks to expand parental leave

    Starbucks Corp. is upgrading its U.S. paid parental leave plan as it seeks to hire and retain workers in an increasingly competitive labor market.    Effective Oct. 1, eligible store associates who are birth mothers will be entitled to six weeks of paid leave at 100% up from 67% average pay previously, and 12 weeks of unpaid leave.   Store associates who are non-birth parents (including fathers, spouses and foster and adoptive parents) can take up to 12 weeks of unpaid leave.    

  • Report: China leads global e-commerce race

    Despite global economic fluctuations, China is still a world leader in many markets — including global e-commerce.   China’s online retail sales have grown by 33.3% to exceed $581 billion in 2015. Momentum is expected to continue, as sales in the country are expected to grow by 20% yearly through 2020, according to BizView, a B2B marketplace that enables users to connect with over seven million companies around the globe.  

  • Alibaba throws hat into the Olympics sponsorship ring

    What better place is there for global exposure than the Olympic Games?   At least, that is what Alibaba is counting on now that it struck a deal to become a top sponsor of the Olympic Games through 2028. The sponsorship, which is worth $800 million, pits the brand among giants like Coca Cola Co. and Samsung Electronics Co., according to Bloomberg.  
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