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  • Poll: New Yorkers want Walmart

    New York -- Local politicians and local New Yorkers differ in their views on Walmart.

    Fifty-five percent of New York City residents want elected officials to let Walmart open a store within the five boroughs, according to a poll by Quinnipiac University.

    The results are similar to a poll conducted by the university four years ago, when the retailer made a failed push to open in Brooklyn.

  • Dollar General names new head merchant

    A familiar face has returned to lead Dollar General’s merchandising organization following the departure of David D’Arezzo who leaves the 12,000 unit retailer after serving as chief merchandising officer for 20 months.

  • Ron Johnson’s Enjoy attracts investors

    New York — Ron Johnson’s newest venture has secured a big round of additional funding.

    Enjoy Technology, the online e-commerce start-up founded by the former J.C. Penney chief and Apple store executive, announced it has secured $50 million in a round of Series B funding led by Highland Capital.

  • Petco makes some big executive moves

    Petco is making several changes to its leadership team as the retailer focuses on key omnichannel initiatives.

    The pet specialty retailer announced that CEO Jim Myers will also be taking on the role of chairman, Brad Weston has been named president, Steve Lossing has been named senior vice president of operations, and Rebecca Frechette has been named senior vice president in charge of merchandising.

  • C-suite changes at Sprouts Farmers Market

    Phoenix — Sprouts Farmers Market has a new CEO.

    The company announced a leadership succession plan, effective Aug. 6, whereby CFO Amin Mereda has been appointed CEO. Doug Sanders, currently president and CEO, ascends to the role of  executive chairman.

  • Blue Nile crests beyond Street with Q2 profit, sales

    Seattle – Online jewelry retailer Blue Nile Inc. had profit and sales results in the second quarter of fiscal 2015 that crested beyond Wall Street expectations. Net income rose 4% to $2.3 million from $2.2 million the same quarter a year earlier.

    An increase in interest and other income, as well as cost of sales growth that did not match the growth pace of sales, drove the increase in net income. Net sales rose 7% to $113.69 million from $106.57 million.

  • Entrepreneurial election underway for retail industry

    Imagine where the retail industry would be without entrepreneurs? The growth of retail is dependent on individuals who identify opportunities and take risks. Now, an organization that fosters that mentality among a future generation of difference-makers needs YOUR vote!

    Enactus USA, the organization formerly known as Students In Free Enterprise or SIFE, is looking to earn a $500,000 grant from Microsoft in the company’s #UpgradeYourWorld campaign which runs through August 23.

  • Dollar General vet returns

    Goodlettsville, Tenn. — A familiar face has returned to head up merchandising at Dollar General.

    Dollar General said James W. “Jim” Thorpe had rejoined the company as executive VP and chief merchandising officer, effective immediately. Thorpe previously served as Dollar General’s senior vice president and general merchandise manager from May 2006 until he retired in July 2012. 

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