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Strategy

  • MoMA Design Store, Kyoto, Japan

    The Museum of Modern Art (MoMA) Design Store continues to expand its footprint with the opening of a store in Kyoto, Japan.   The 1,076-sq.-ft. space offers an edited version of MoMA’s signature selection of tabletop, workspace and personal accessories, lighting and tech products, art reproductions and stationery. It also features items designed and produced in Japan.  
  • Shoewear giant taps veteran to head up new division

    The parent company of Famous Footwear is expanding its men's and international operations.    Caleres has tapped Malcolm Robinson as president of the company’s new men’s and international division. He will oversee the strategic growth initiatives for the Caleres men’s brands, as well as expand an international footprint across the company’s portfolio.  
  • Walmart hosts virtual commerce competition

    Walmart’s technology incubator — called Store No. 8 — is on the hunt for cutting edge virtual reality (VR) solutions.   
  • America’s Top 10 Retail Center Experiences

    Last years’ Electric Daisy Carnival in Las Vegas, a music and dance fest with rides, drew 130,000 young people on its final day. This summer, Billy Joel will play his 43rd sellout concert at Madison Square Garden, where floor tickets sell in the $200 range. No matter their age or inclination, people still want to leave their laptops and homes behind and be with other people. They just need someone to give them a really good reason to do it.  
  • Tiffany names luxury retail veteran as CEO

    Tiffany & Co. has found its next chief executive.   The jeweler has named Alessandro Bogliolo as CEO, effective October 2, 2017. Tiffany has been looking for a CEO since February, when Frederic Cumenal abruptly left the company in a shakeup amid disappointing financial results.    Bogliolo, 52, has been CEO of Diesel SpA, a global apparel and accessories company, since 2013. At Diesel, he led the company’s efforts to revitalize its brand and enhance the customer experience. 
  • Things looking up at Target

    Target Corp. on Thursday surprised the industry and investors with some good news.   The discounter updated its guidance and said that as a result of improved traffic and sales trends through the first two months of the quarter, it expects to report a modest increase in its second quarter same-store sales. Target previously said it expected a decline.   
  • Coffee giant veteran named associate advocacy lead

    Starbucks associates have a new leader to advocate for their labor needs and well-being.   Lucy Helm was named chief partner officer, a role she has been serving on an interim basis. As the chief partner lead she will head up the company’s Partner Resources Organization (PRO), an internal group that advocates for Starbucks associates across the enterprise worldwide, whether they work in the store, support center or Starbucks manufacturing plants.  
  • West Virginia power center changes hands

    The Marketplace at Potomoc Towne Center in Ranson, West Virginia, has been acquired for $35.9 million by Heidenberg Properties Group and Strategic Real Estate Partners (SERP) in a joint venture deal. The seller was Carl Freeman Companies of Rockville, Maryland.  
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