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Former Walmart exec joins Liquidity board
A key figure in the development of Walmart’s small format Neighborhood Market and international operations has joined the board of asset disposal firm Liquidity Services.
Ed Kolodzieski joined the board of Liquidity Services effective Nov. 17 and also serves on the company’s compensation and governance committees. Liquidity Services bills itself as a global solution provider in the reverse supply chain with the world’s largest marketplace for business surplus.
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DSW touts omnichannel success amid Q3 struggle
Leading footwear retailer DSW Inc. made significant omnichannel upgrades during the third quarter but warm weather kept shoppers from buying shoes in stores or online.
Sales declined 0.6% to $666 million and same store sales declined 3.9% compared to a 2.6% comp increase during the same period the prior year. Profits declined 20.7% to $39.3 million and earnings per share declined 20% to 44 cents, in line with the company’s guidance range of 41 cents to 44 cents.
