Strategy

Kroger showed its tendency to promote longtime executives to key senior leadership roles again with the naming of a 32 year veteran to serve as president of its 138 store Smith’s division based in Salt Lake City.

Kenny Kimball was elevated to the role of president of Smith’s after previously serving as VP of operations. Kimball joined Smith’s in 1984 as a courtesy clerk and succeeds Jay Cummins who announced his retirement in February. Kimball assumes his new responsibilities April 30.

L Brands' Victoria’s Secret division had a record year in 2015, which is why chairman and CEO Leslie Wexner believes now is the best time to narrow the brand’s focus and simplify the operating model to drive long-term growth.

MBH Architects, Alameda, California, announced the appointment of a new principal, Dimple Manghani, who previously led the retail team as a senior associate and studio director.

A licensed architect and a LEED accredited professional, Dimple has 12 years experience building relationships with such clients as Williams-Sonoma, Levi’s, and H&M. Additionally, she is responsible for the acquisition of the firm’s luxury retail clients, including Dior and Tiffany & Co.

Howard Hughes Corp. has added a fast-growing Dutch fashion brand to its lineup for its Seaport District revitalization project in lower Manhattan.

The developer has signed a lease with Scotch & Soda to set up shop in the shopping area which, when completed, will encompass seven buildings on several city blocks totaling over 365,000 sq. ft., with a mix of dining, shopping, entertainment and cultural offerings.

A total of 425 new H&M stores are slated to open this year, including the new market of Puerto Rico, and the fast fashion retailer also will expand its e-commerce efforts to Japan and 10 additional markets.

The global retailer disclosed its aggressive physical and digital growth plans with the release of financial results for the period ended Feb. 29, which were negatively affected by the strong U.S. dollar. H&M is based in Stockholm, Sweden.

A new ad campaign from Food Lion, airing in select markets, promotes the message that the retailer has raised its standards, but not its prices.

The new campaign plays on familiar themes in the grocery industry — convenience, freshness, price and trust — and is designed to support Food Lion’s effort to upgrade the store experience in key markets, where major remodeling and remerchandising efforts have occurred.

The Bureau of Labor Statistics lists “retail salesperson” as the most common job in America, but the retail industry is evolving rapidly as is the nature of work. A new $5.5 million research grant from Walmart and the Aspen Institute aims to understand how.

The largest portion of the grant is dedicated to exploring alternative models to provide career pathways for frontline retail workers, according to a statement from Walmart and the Aspen Institute, an organization known for pioneering new approaches to complex problems.

The federal judge presiding over the Federal Trade Commission’s effort to block a merger between Staples and Office depot urged the parties to resolve their difference, but that seems unlikely given both sides are firmly entrenched in their positions.

A new $5.5 million research grant from the Walmart Foundation and the Aspen Institute will look at the evolving nature what the Bureau of Labor Statistics lists as the most common job in America: “retail salesperson.”

The largest portion of the grant is dedicated to exploring alternative models to provide career pathways for frontline retail workers, according to a statement from the Walmart Foundation and the Aspen Institute, an organization known for pioneering new approaches to complex problems.

Increased security risks tops the list of a new survey of 300 top global retail executives on the topics keeping them up at night.

According to “Finding Retail Growth: A View from the Corner Office,” sponsored by Demandware and conducted by Economist Intelligence Unit, retail leaders view increased security risks, the rise of globally competitive online marketplaces, shifts in consumer taste and increased globalization as the four most significant challenges impacting the industry.