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Strategy

  • Pier 1 regains footing in 2016, eyes improved profits

    Pier 1 shrank its store base and e-commerce penetration reached record levels during the company’s fourth quarter, a period in which profitability was marred by promotions, markdowns and supply chain issues.  
  • Retailer suit targets EMV mandate

    It was probably inevitable that somebody at some point would challenge the legality of the Oct. 1, 2015 EMV (Europay, Mastercard and Visa) liability shift.

  • Starbucks’ Howard Schultz makes guest appearance — at Target HQ

    Starbucks founder and CEO Howard Schultz recently touched down at Target Corp. headquarters in Minneapolis as part of Target’s series of “innovation speakers.” “With Starbucks, I dreamed of building a national brand and different kind of company, achieving balance between profit and conscience, bringing people along on the journey, and impacting the communities we serve,” Schultz said. “The kind of company my parents never got the chance to work for.

  • Accenture names former Oracle exec as head of retail

    Jill Standish
    Jill Standish has joined Accenture Consulting and been named senior managing director, retail. As the head of Accenture’s retail practice, Standish will focus on the business strategy and ongoing development and execution of retail industry strategy for clients. She will also manage the company’s retail industry client portfolio.
  • Old Navy taps Gap’s supply chief as president

    Gap Inc. has named a longtime member of its executive team to head up its Old Navy brand.

    The retailer appointed Sonia Syngal as global president of Old Navy, effective immediately, as it looks to reenergize its value-driven brand. She succeeds Stefan Larsson, who left last year to become CEO of Ralph Lauren Corp.

    Syngal, a 12-year Gap veteran, most recently served as executive VP of global supply chain and product operations for Gap Inc.

  • On-call scheduling comes under scrutiny in eight more states

    A controversial labor practice employed by some retailers is coming under increased scrutiny by U.S. regulators.

  • Tech Guest Viewpoint: Rethinking email in your store strategy

    “We have met the enemy, and he is us.” That’s a famous quote from the comic strip “Pogo” by cartoonist Walt Kelly. Popular during the 1960s, Kelly was commenting on how humans are often the cause of their own woes in the world. To which I would add retailers could just as easily say, “We have met the enemy, and it is email.”

  • Publix names 3 new board members

    Publix Super Markets added its soon-to-be CEO, current CFO and a retired Deloitte executive to its board of directors when the Southeast’s leading food retailer held its annual stockholders meeting on April 12.   Publix president Todd Jones, CFO David Phillips and retired Deloitte executive Jessica Blume were elected to the board of the $32.4 billion retailer.  
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