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Strategy

  • RILA to testify at Congressional data breach hearing

    Arlington, Va. - The Retail Industry Leaders Association (RILA) will testify Tuesday, Jan. 27 at the House Energy and Commerce Subcommittee on Commerce, Manufacturing and Trade hearing, “What are the Elements of Sound Data Breach Legislation.” In his testimony, Brian Dodge, executive VP at RILA, will focus on retailers’ priority of supporting a strong preemptive federal data breach law that allows for reasonable and clear notice triggered by potential customer harm.

  • Retail Rap: You Win Some, You Lose Some

    Overall holiday shopping season sales numbers have been rolling in, and the news confirms what many retail real estate analysts (including myself) suspected: 2014 holiday sales were strong. Nothing earth-shattering — but plenty good enough to chalk this one up as a win. There were some bright and not-so-bright spots (December sales were weaker than expected, for example, and numbers didn’t hit some of the more optimistic overall projections), but the takeaway is that we did see the anticipated increase that the industry was looking for.

  • Sears Canada confirms Boire as CEO

    Ron Boire was named president and CEO of Sears Canada after serving in that capacity on an interim basis since last October.

    Boire was named acting president and CEO last October to replace Doug Campbell, the former head of the 381 unit Sears Canada operation who resigned for personal reasons. Boire was identified as the top candidate for the job at the time the appointment was made as he had spent nearly two years as executive vice president, chief merchandising officer and president of Sears and Kmart formats.

  • U.S. performance buoys Delhaize revenue in Q4

    Brussels, Belgium – The addition of a 53rd week in fiscal 2014 for its U.S. operations helped global grocery conglomerate Delhaize Group make up for disappointing results from its Belgium stores. Including the extra week and benefiting from retail inflation, fourth quarter U.S. revenues were $5.23 billion, a 12% increase from $4.67 billion the same period a year earlier.

  • Webinar January 29: Store traffic and conversion rates are key to retail performance

    New York -- In today's data-filled world, many retailers are missing some of the most basic — and important — metrics of all: store data and conversion rates. Join this Chain Store Age Webinar on Jan. 29, 2 p.m. (EST), and learn how the insights gained from this data can give companies an edge in today's hypercompetive, omnichannel retail environment. Analytics expert Mark Ryski will discuss how insights from store traffic and conversion analytics can help retailers deliver better results.

  • New exec to build Sports Authority brand

    Former Pep Boys and Bass Pro Shops marketing executive Ron Stoupa has joined the Sports Authority as executive vice president and chief marketing officer.

    Stoupa will be responsible for leading the strategic development and oversight of the company’s marketing plans. The Englewood, Co.-based company operates 466 locations throughout the U.S. and Puerto Rico.

  • Rite Aid names group VP, real estate

    Camp Hill, Pa. -- Rite Aid Corporation announced t that Ray Payne, currently VP, real estate west coast, has been promoted to group VP, real estate. Payne succeeds Karen Smith, who retired last year after more than 35 years with the company.

    In his new position, Payne will be responsible for developing and executing the company’s real estate strategy nationwide, including establishing a pipeline of properties for new and relocated stores.

  • Walgreens Boots names global CFO

    Walgreens Boots Alliance Inc. has appointed George Fairweather, formerly group finance director of Alliance Boots, as executive vice president and global chief financial officer, effective Feb. 20.

    Fairweather will succeed Timothy McLevish, who served as Walgreens CFO since August 2014, where he advanced the company’s completion of its merger with Alliance Boots to form Walgreens Boots Alliance and served as the initial global chief financial officer of the combined companies.

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