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Strategy

  • Best Buy bolsters appliance portfolio

    Whirlpool Corp. will bring its Maytag brand of appliances to 600 Best Buy stores this month rounding out what was already an extensive offering.

    Maytag brand products will hit the sales floor at 600 Best Buy stores in mid-April and also be sold online, the retailer said. The move expands Whirlpool’s assort at Best Buy which already includes the leading appliance manufacturer’s Whirlpool, KitchenAid and Amana brands. Best Buy also offer appliances from LG, Samsung, Frigidaire, Bosch and Electrolux.

  • Supreme Court rejects Wal-Mart class action appeal

    The U.S. Supreme Court on Monday declined to take up an appeal from Wal-Mart Stores to throw out a class action judgment over its treatment of workers in Pennsylvania, Reuters reported.

    In the case, hourly employees of Wal-Mart and Sam’s Club had brought a class action lawsuit, claiming they were not compensated for rest breaks and off-the-clock work as mandated in their policies. The case impacted some 187,000 Wal-Mart employees who worked in Pennsylvania between 1998 and 2006.

  • Macy’s adds real estate expert to its exec team

    Amid ongoing pressure from investors to maximize the value of its real estate holdings, Macy’s has appointed Douglas W. Sesler as executive VP for real estate, effective April 5.

  • Staples puts stores to work with new test

    Staples is looking to connect with a key customer segment and improve the productivity of its selling space with a new pilot program involving shared workspace provider Workbar.

  • Christopher & Banks board member withdraws name

    For about three hours the morning of April 4 it looked like Christopher & Banks had found itself a new board member, but then the company discovered a conflict that prevented the high level executive from accepting the nomination.

  • Amazon stakes major claim in payment landscape

    Amazon.com is serving notice to Apple, PayPal and other leading online payment providers that it is looking to challenge their turf.

    The online retail giant is launching a new program called the Amazon Payments Partner Program that enables e-commerce platforms to provide Amazon Payments functionality to their users. Previously, Amazon had made its proprietary payments service available to individual third-party online retailers.

  • Speedy meals, green design mark Chick-fil-A’s newest Manhattan eatery

    Just five months after making its Manhattan debut with the opening of its largest restaurant to date, Chick-fil-A has opened a second outpost in the Big Apple.

  • How Express is building its brand

    Apparel retailer Express has been building its brand and upping its cool factor among millennials by signing up famous athletes and models to serve as “brand ambassadors.”

    It’s just one of several tactics that the chain is using to drive its performance under the leadership of CEO David Kornberg, who took the reins in January 2015.

    Click here to read more.

  • Exclusive: Deckers Brands sees the future of marketing

    When it comes to marketing spending, Deckers Brands is doing more with less.

    The Goleta, California-based vertical apparel retailer is performing advanced predictive analytics on the performance of different marketing activities for its North American direct-to-consumer Ugg specialty footwear business. This includes an e-commerce site, as well as 45 stores.

  • 30-year PepsiCo exec named CEO at Advance Auto Parts

    From salty snacks and soft drinks to motor oil and car parts, Advance Auto Parts has tapped a lifelong PepsiCo executive to serve as its next CEO.

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