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Strategy

  • C-store operator closes OneStop purchase, dropdown transaction

    San Antonio, Texas - CST Brands Inc., through its CrossAmerica Partners LP wholly-owned subsidiary, has closed its previously announced acquisition of the Charleston, West Virginia-based One Stop convenience store network. CST is also moving 29 recently constructed stores into its wholly-owned CrossAmerica partnership via two “dropdown” transactions.

  • Germany’s discount grocer Lidl lays more tracks for U.S. debut

    McLean, Va. – German discount grocer Lidl continues to lay the foundation for its store debut in the United States.

    The company which is establishing a U.S. corporate headquarters, in Arlington County, Virginia, announced it will also open a regional headquarters and distribution center facility in Alamance County, North Carolina. The moves are part of Lidl’s early preparations to expand into the U.S. http://www.chainstoreage.com/article/german-grocer-lidl-prepares-us-expansion-open-headquarters-virginia%3Cbr />

  • A Matter of Time (and Money)

    Time is often considered the most precious resource of all, because once it is spent, it can never be replenished. While there is no way to create new time, retailers can reduce the amount of time spent on such tasks as scheduling and payroll with automated workforce management technology. And as the old saying goes, time equals money.

  • Planned HVAC Replacement

    Taking proactive approach can save energy, costs

    Unexpected heating, ventilation and air-conditioning system repairs or breakdowns can result in unplanned store downtime or customer comfort issues for retail stores. With comfort such an important part of the customer experience, one that can impact sales, HVAC systems are indeed a critical component for retail stores.

    In addition, HVAC systems are one of the largest sources of energy consumption in retail stores.

  • Real-Time Data, Real Savings

    Saks Fifth Avenue reduces energy costs with LED retrofit

    It’s often said that companies must spend money to make money, and this is true of investments in energy efficiency.

  • And the top state for business is…

    New York -- The top state for business is a high-tax, high-wage, union-friendly, cold-climate state, according to an annual ranking by CNBC.
     

  • Men’s Wearhouse names PetSmart exec COO

    Fremont, Calif. - The Men's Wearhouse has named Bruce K. Thorn, 48, executive VP and COO. Prior to joining Men's Wearhouse, Thorn served as executive VP, store operations, services and supply chain at PetSmart Inc.

    Thorn had been employed by PetSmart since 2007 in various positions, assuming his most recent post in April 2014.  Prior to joining PetSmart, Thorn served in various leadership roles with Gap, Cintas Corp., LESCO, Inc. and the U.S. Army.

  • Amazon heads south of the border

    Seattle – Mexico has always held an appeal for Americans, and Amazon.com is the latest visitor from the U.S. to heed Mexico’s call.

    Following the successful launch of its Mexican Kindle store in 2013, Amazon has launched a Spanish-language Mexican website and mobile app with millions of unique items available.

  • Starbucks makes French connection

    Seattle - Starbucks Coffee Co. plans on making a connection with French consumers.

    The retailer is partnering with and Casino Restauration, the restaurant subsidiary of mass merchandiser Groupe Casino, to open Starbucks stores within Géant Casino hypermarkets and Casino supermarkets across France.

  • Mens Wearhouse finds COO fit by going to the dogs

    The Men's Wearhouse is bringing in a PetSmart executive to serve as chief operating officer.

    Men's Wearhouse said that Bruce K. Thorn, 48, has been named executive vice president, chief operating officer, effective immediately.

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