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  • Papa Murphy’s adds three independent directors

    Vancouver, Wash. – Papa Murphy’s Holdings Inc. has appointed Jean M. Birch, Rob Weisberg and Jeffrey B. Welch as independent members of its board of directors, effective April 15, 2015. The appointments replace both Thomas H. Lee and Achi Yaffe, who have resigned from the board, as well as increase the board size by one seat.

  • Toys “R” Us makes big difference for Special Olympics

    When the Special Olympics get underway in late July in Los Angeles, a major awareness effort and hefty donation from Toys “R” Us will make a powerful contribution.

    The retailer spent the past two months executing a broad-based campaign in stores and online to benefit the Special Olympics, which raised more than $4 million as well as awareness of an event in which roughly 7,000 athletes will participate.

  • Walgreens will invest in U.S. customer experience, IT

    Deerfield, Ill. - Walgreens Boots Alliance is ahead of schedule in its synergy efforts since Walgreens and Boots officially merged in December 2014. At its 2015 Analyst Day in New York City, the retailer’s leadership team outlined plans to support the customer experience in its Retail Pharmacy USA division with investments in key operational efficiencies such as IT systems, modernizing pharmacies and investing in customer care.

  • Former Wal-Mart CEO Duke joins private equity firm

    Former Walmart President and CEO Mike Duke talks with First Lady Michelle Obama at the quarterly meeting of member CEOs of the Business Roundtable on March 13, 2013. Photo credit: Walmart.

    Washington, D.C. – Mike Duke, former president and CEO of Wal-Mart Stores, has joined global alternative asset manager The Carlyle Group. Mike Duke as an operating executive in the Global Consumer & Retail group. He began his duties in mid-April.

  • Cabela’s appoints Tractor Supply veteran to board

    Sidney, Neb. - Cabela’s Inc. has appointed James F. Wright to its board of directors. Wright served as executive chairman of Tractor Supply Co. a farm and ranch supply retailer, from January 2013 through December 2013.  
  • JD.com challenges Alibaba, partners with EBay

    Beijing, China – Chinese direct sales company JD.com Inc. is launching JD Worldwide, its new cross-border e-commerce platform that directly challenges Alibaba. JD Worldwide provides Chinese consumers with authentic imported products.

    In a coup over Alibaba, JD.com is also launching of "Best of EBay Deals," a pilot program on the new platform in partnership with EBay. EBay’s channel on JD Worldwide will showcase a variety of merchandise from select EBay sellers in the U.S.

  • Giant and Martin’s Food Stores to raise wages

    Carlisle, Pa. -- Giant Food Stores and Martin’s Food Markets said they will begin paying all non-union workers a minimum of $9 a hour beginning in June.

    The operator of 200 stores in Pennsylvania, Maryland, Virginia and West Virginia said the move was part of the company’s commitment to provide competitive wages.

    "Our associates are the foundation of our success, and we have always believed in paying competitive wages to attract the best talent," said Tom Lenkevich, Giant/Martin’s president.

  • The re-fragmentation of retail

    The nature of competition in the retail industry is not what it used to be. Decades of consolidation concentrated sales among a top tier of mega-retailers fueled deal-making among product manufacturers and others who serve the retail industry.

    The top 10 U.S. retailers now account for more than $1,200,000,000,000 (zeroes added for effect) and that figure swells to $1.5 trillion if the next 10 largest are include. The big have gotten bigger and will continue to do so in the near term, however there is also a dramatic “re-fragmentation” of the retail industry underway.

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