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Strategy

  • Walmart aims to 'greenlight' America's veterans

    Walmart is launching a new initiative to help the 250,000 members of the military transitioning back to civilian life in the United States each year.

    The program, called Greenlight a Vet, aims to bring recognition to the veterans a year transitioning back to school, jobs and neighborhoods. Walmart is encouraging everyone to participate by showing their support using a "visible symbol," saying even though we don't always know who are vets are when they aren't wearing uniforms, we should still show them support.

  • Lululemon doubles down on 'kumbaya capitalism'

    The CEO of Lululemon says the strategy of the brand is to grow the men’s business and to expand globally, while not giving up on having a devout yet irreverent corporate culture. “Our mission at Lululemon is to elevate the world to greatness,” Lululemon CEO Laurent Potdevin told the New York Times.

  • And the latest retailer to expand off-price is ...

    It seems as though off-price is one of the few bright spots in traditional retail these days, so it's no wonder that Hudson’s Bay Company is adding another off-price concept to its portfolio.

  • 45 Retailers named for expanded and redesigned Broadway Plaza

    Walnut Creek, Calif. -- Macerich announced 45 retailers set to join Broadway Plaza in Walnut Creek, California. The center, anchored by Nordstrom, Neiman Marcus and Macy's, is undergoing a major renovation that will add 315,000 sq. ft. of new space, parking, new finishes and refreshed outdoor amenities.

  • FedEx expects 12% increase in holiday shipments

    FedEx says a big boost in online shopping will propel its business between Black Friday and Christmas Eve at least 12.4% above 2014 levels.

    FedEx expects the holiday period to include three shipment volume spikes: Cyber Monday and the first two Mondays in December.

    The company said it was adding 55,000 employees for the holidays to handle the increased demand.

  • TJX enters Australian off-price market

    The TJX Companies is expanding into another country with its acquisition of Trade Secret’s 35 stores.

    TJX announced it has completed its acquisition of Trade Secret, an off-price retailer that operates 35 stores in Australia, from Gazal Corporation Limited for $59 million. The acquisition of Trade Secret provides TJX an opportunistic entry into Australia, where TJX currently operates one of its 13 buying offices.

  • Howard Hughes Corporation announces new lease to be part of the revitalized Seaport District

    New York -- Howard Hughes Corporation announced McNally Jackson Books will open a new location in 2017 at the iconic Seaport District in New York. The independent New York bookstore will set up shop in Schermerhorn Row along the cobblestoned streets of the historic district and bring a new literary experience to the Seaport with a refined and carefully curated selection of books, free interactive event programming, a café with outdoor seating and a family-friendly reading area for children to engage the growing residential community.

  • Jim Wilson & Associates welcome VP of construction, and development director

    Montgomery, Ala. -- Jim Wilson & Associates announced the addition of Doug Jeffords, VP of construction, and Evan Conder, development director.

  • Johnny Rockets targets three new global markets

    Fast-casual dining chain Johnny Rockets is expanding its range to include customers in the countries of Italy, Paraguay and Canada.

    As part of its strategy to double its global footprint by 2017, Johnny Rockets has signed agreements for 49 new restaurant locations in those three new markets. Some locations will open as early as 2016.

  • JDA looks south of the border for new excellence center

    Retail enterprise technology provider JDA Software Group Inc. is increasing its 24x7 technical support capabilities for clients in North and Latin America.

    JDA is opening a new Center of Excellence (CoE) in Monterrey, Mexico. The new facility is the fourth CoE, and the first in Latin America, operated by JDA to provide expert 24/7 support to more than 4,000 customers.

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