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Strategy

  • Coca-Cola exec adds fizz to Ann Inc. board

    Ann Inc. has named Coca-Cola executive Katie J. Bayne to its board of directors as the company looks to increase traffic and sales.

    "Katie is an outstanding addition to Ann Inc.'s board of directors. She brings an exceptional background in strategic marketing and brand management that will add value to the company," said Ron Hovsepian, non-executive chairman of the board. "We're delighted to welcome her to the board and look forward to her insights and contributions."

  • TechBytes: Three Reasons Retailer Innovation Labs are a Good Idea

    With the recent announcement that it will build a new digital innovation lab in Boston, CVS Health has joined the ranks of retailers, including Wal-Mart Stores and Target Corp,  who have also launched similar facilities.  Not every retailer is in the position to build its own proprietary innovation hot house,  but there are many advantages for those with the resources to do so.  Following are three key reasons that retail innovation labs are a good idea.

  • Staples to showcase in-store 3D printing kiosks

    MakerBot and Staples announced today that MakerBot  Replicator 3D Printers and MakerBot Digitizer Desktop 3D Scanners are now available in 50 select Staples retail stores across 18 states. MakerBot is Staples’ exclusive provider in-store of 3D printing hardware, with premium in-store experiences to showcase the entire MakerBot 3D Ecosystem.  This partnership makes Staples the exclusive office supply company to offer MakerBot 3D printing and scanning products in the store.

  • Authors sign up to boost B&N sales

    In an effort to generate traffic and increase sales at its physical stores, Barnes & Noble has announced a secret weapon against Amazon.com this Black Friday.

    Barnes & Noble recruited 100 prominent authors — including Donna Tartt, David Mitchell, Dan Brown, E. L. James, Jeff Kinney, George W. Bush and Hillary Clinton — to each sign roughly 5,000 copies of their latest books. The company will distribute and sell the 500,000 signed books among its retail stores only. The signed books will not be available on the company’s website.

  • Longtime Container Store employees get married at headquarters—with co-founder officating

    DALLAS - The Container Store has long been lauded as one of the places to work—and now it looks like it’s also a great place to get married. The chain on Saturday celebrated the wedding of two 25+ year tenured employees—Greg Arechar and Lety Covarrubias—from its distribution Center,  at its headquarters. Co-founder and chairman emeritus Garrett Boone, an ordained officiant, led the ceremony.

  • Hudson’s Bay takes out $1.25 billion mortgage on Saks store

    With the value of its flagship store on New York City’s Fifth Avenue appraised at an astonishing $3.7 billion, Saks parent Hudson’s Bay Co. has taken out a $1.25 billion loan to pay down debt and finance a $250 million renovation in 2015.

  • Ann Inc. names Coca-Cola exec to board

    New York – Ann Inc., the parent company of Ann Taylor and Loft, has named Katie J. Bayne to its board of directors. Bayne serves as senior VP, global sparkling brands at The Coca-Cola Company.

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