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Strategy

  • Wal-Mart names new chairman as Rob Walton steps down

    Bentonville, Ark. -- Wal-Mart Stores announced that board chairman Rob Walton is stepping down and will be succeeded by vice chairman Greg Penner, who is Walton's son-in-law. Walton relinquished the position of chairman at the company's annual meeting on June 5.

  • Nike names Coca-Cola exec as CIO

    Beaverton, Ore. - Jim Scholefield, 53, will become CIO of Nike Inc., reporting to Eric Sprunk, COO, on June 29.

    Scholefield most recently served as CTO for The Coca-Cola Co., where he was responsible for creating and executing its worldwide IT strategy, technology operations, production support and technology engineering. His duties providing global leadership across the Coca-Cola enterprise on all technology matters.
     

  • IHL: EMV costly, time consuming, out of date for most retailers

    Franklin, Tenn. - The new EMV card payment mandate may not provide financial ROI for retailers. According to new research from IHL Group, most retailers will never recoup the expense that EMV imposes.

  • Dick’s Sporting Goods appoints Kraft finance head as CFO

    Pittsburgh – Dick’s Sporting Goods Inc. has appointed Teri L. List-Stoll as executive VP/CFO, effective August 2015.

     List-Stoll joins Dick’s with 30 years of experience. Prior to joining the company, she was employed by Kraft Foods Group from September 2013 to May 2015, serving as executive VP and CFO from December 2013 to February 2015. Before her role as CFO of Kraft, she served as senior VP of finance from September to December 2013.

  • How Target can beat Amazon

    New York -- Target Corp. will beat Amazon.com by following three core philosophies,  the retailer’s top digital executive (and former Amazon.com exec) Jason Goldberger said during a keynote address at the annual Internet Retailer Conference and Exposition, in Chicago.

  • Dick’s names ex-Kraft, P&G exec CFO

    Dick’s Sporting Goods named veteran consumer packaged goods finance executive Teri List executive vice president and CFO to oversee the retailer’s finance and legal organizations.

  • Report: Walmart stores not welcome in New York City, says mayor

    New York -- The mayor of New York City, Bill de Blasio, said Thursday that Walmart stores are not welcome in New York City, Newsday reported. His attitude is much different from his predecessor, Michael Bloomberg.

    Click here for the story.

  • New Zealand approves Staples-Office Depot merger

    Framingham, Mass. – The proposed $6.3 billion merger of Staples Inc. and Office Depot Inc. has cleared a global regulatory hurdle. Staples has received clearance from the Commerce Commission of New Zealand to acquire all the outstanding shares of Office Depot, which trades in New Zealand as OfficeMax.

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