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Strategy

  • Corner Bakery Café appoints Pepsi executive as marketing head

    Dallas - Justin Lambeth has been appointed as chief marketing officer of Corner Bakery Café.

    Lambeth joins Corner Bakery Cafe following several leadership roles at PepsiCo Inc., where he was responsible for marketing, consumer engagement and shopper marketing for the company's Quaker Division as chief marketing officer.

    Prior to his work with the Quaker division, Lambeth held the role of VP at Frito-Lay, as well as leadership roles at H.J. Heinz and Nabisco Inc.
     

  • Borderfree adds 120 markets

    New York - Borderfree, provider of international cross-border e-commerce solutions, has expanded its platform to reach more than 220 countries and territories. This expansion of scope includes an additional 120 countries and 15 currencies.

    Key emerging luxury markets Borderfree will now sell to include Nigeria and Kazakhstan. Both markets offer opportunities for e-commerce expansion due to increasing smartphone saturation and discretionary spending.

    The additional countries will be available to Borderfree customers starting this June.

  • Pier 1 Imports CEO: Growth plans still on track

    Pier 1 Imports reported same store sales growth for the first quarter, which the company’s CEO credited to the completion of an omnichannel transformation.

  • Are retailers ready for Federal regulations on drones? Amazon is.

    New York -- Federal regulations governing unmanned aircraft systems, or drones, will be in place by this time next year.

    Most retailers won’t be ready, but Amazon says it will be as soon as the feds are. Testifying at a congressional hearing on June 17, Paul Misener, Amazon.com’s VP of global public policy told lawmakers it would be ready to deliver packages via its service branded as Prime Air as soon as federal rules are in place.

  • Is A&P supermarket chain poised for sale?

    The Great Atlantic & Pacific Tea Co. is actively shopping 137 of its stores, including 10 Food Emporium locations in New York City, according to the New York Post.

    A&P, which emerged from bankruptcy protection in 2012, told The Record newspaper on June 16 that the company continues to weigh its options and that it is exploring strategic alternatives.

    Read more by clicking here.

     

  • Pier I Imports: Omnichannel transformation complete

    Fort Worth, Texas -- There was good news in Pier 1 Imports’ first quarter performance, including a 2% increase in same-store sales.

    The retailer reported net income of $6.9 million for the quarter, ended May 30, down from $15.1 million in the year-ago period. Its results were in line with expectations.  

  • Petco launches on-demand product delivery

    Petco is joining the increasingly large group of retailers offering on-demand delivery of their products.

    The specialty retailer has teamed with Instacart in a first-of-its-kind partnership in the pet industry. PetcoNow is a new service that gives pet parents the ability to have Petco products delivered directly to their door in as little as one hour.

  • Rent the Runway taps industry vet for key position

    New York - Fashion retailer Rent the Runway has hired industry veteran Chris Halkyard as the company's first chief logistics officer, effective Aug. 1. In his role, Halkyard will oversee Rent the Runway's logistics platform, including the company's proprietary reverse-logistics operations and transportation network.

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