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Strategy

  • A new dimension in Sam's Club aisles

    Sam's Club is looking to expose more of its shoppers to 3D printing technology by expanding its partnership with MakerBot.

    The retailer announced it has expanded its availability of MakerBot Replicator Mini Compact 3D Printers to all 651 Sam’s Club locations nationwide. Select clubs will also feature a new in-club display that prominently showcases a physical MakerBot Replicator Mini Compact 3D Printer, so customers can learn about the technology first hand.

  • Nordstrom Rack in 2017 opening

    Seattle -- Nordstrom remains on the move with its off-price division.

  • Is the Container Store back on track?

    The Container Store may have cleared the low bar it set for itself in the first quarter, but reporting a loss and another quarter of negative same store sales can’t feel good.

  • BJ’s keeps up the store with Toshiba TCxCare maintenance service

    Westborough, Mass. – Keeping up the store is never an easy prospect, especially when you operate hundreds of stores with POS applications and peripherals from multiple vendors. To ensure store upkeep, at least from a hardware perspective, BJ’s Wholesale Club Inc. has selected Toshiba TCxCare to manage and be the single point of contact for “wall to wall” maintenance services at its 200 stores.

  • Tumi stores “pop” with LEDs from Solais

    New York -- High-end luggage and accessories Tumi has selected LED lamps from Solais Lighting, a division of PowerSecure International, has its lighting product of record. Tumi has specified Solais’ Xi20 and Xi24 PAR LEDs featuring the company’s VioLight color-enhancing technology.

    Tumi recently installed the LEDs in its store in New York City’s Rockefeller Center.
     

  • Report: Apple opening 8th store in New York City

    Apple's newest store in New York City is located in one of its most diverse burroughs and store employees will be fluent in a dozen languages.

    According to the New York Daily News, Apple is opening the store on July 11 in the Queens Center mall located in the Elmhurst neighborhood of Queens.

    "We are really excited to bring our eighth store in NYC to Queens," Jason Barlia, market director at Apple Retail, told the Daily News. "When we saw this location it made a lot of sense."

  • Express promotes finance VP to CFO

    Columbus, Ohio – Express Inc. is naming a new CFO, and not looking far to fill the role.

    Perry Pericleous, previously VP, finance, has been promoted to senior VP, CFO and treasurer, reporting to Matthew Moellering, executive VP and COO.  

    Pericleous succeeds Paul Dascoli, who has left the company, effective July 7. Pericleous, 42, is a 15-year veteran of Express and most recently served as VP, finance with responsibility for all financial planning and analysis functions.

  • Jockey mixes money with technology in C-suite

    Kenosha, Wis. – Some things are traditionally assumed not to mix – oil and water, cats and dogs, finance and IT. While the CFO has been taking a more active role in high-level IT decision-making in recent years, vertical apparel retailer Jockey International Inc. mixes money with technology more than most of its competitors.

    The Wall Street Journal reports that privately held Jockey recently hired Dain Bussewitz, former VP of finance at Abercrombie & Fitch, to assume the combined role of CIO and CFO.

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