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Strategy

  • Retail imports to increase 2.3% in January under looming threat of port strike

    Washington -- Import cargo volume at the nation’s major retail container ports is expected to increase 2.3% in January over the same month last year as retailers continue to urge labor and management to avoid a strike at East Coast and Gulf Coast docks, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. A strike would close 14 ports from Maine to Texas where nearly 15,000 dockworkers handle 40% of the nation’s ocean cargo.


  • Experian FootFall: Mixed results for holiday 2012

    New York -- The 2012 holiday shopping season didn’t provide the sales and traffic lift anticipated by retailers, according to Experian FootFall. The company said the season got off to a blazing start as consumers responded to some of the earliest Black Friday sales and promotions, effectively extending the Black Friday shopping experience to a four-day event. Following this annual start to the season that accounted for billions of dollars in retail sales, the 2012 calendar shift began to impact consumer behavior.

  • Wal-Mart names new chief of Walmart Latin America; Solorzano to retire

    Bentonville, Ark. -- Wal-Mart Stores announced that Enrique Ostale, president and CEO of Walmart Chile, formerly D&S, has been named EVP, president and CEO of Walmart Latin America, where he will oversee Walmart's operations in Argentina, Brazil, Chile, Costa Rica, El Salvador, Guatemala, Honduras, Mexico and Nicaragua.

  • Target to open in Huntington, N.Y.

    Minneapolis -- Target announced plans to open a store in Huntington, N.Y. in October.

    To date, Target has announced plans to open 17 Target stores in 2013.

     

  • Walgreens shares vision for 2013 and beyond

    CHICAGO — "[The year] 2012 was definitely an important year for Walgreens," Greg Wasson, Walgreens president and CEO, told shareholders here, at the Navy Pier, Wednesday afternoon, at the chain's annual shareholder meeting. "We did make some tough choices to protect and solidify … our position for the long term," he said. "[But] our vision is crystal clear to become the first choice for health and daily living in America."

  • CE supplier adds new retail talent

    AURORA, Ill. – Peerless-AV, a leading supplier of brackets to mount flat-panel televisions and audio-visual accessories, has appointed Hal Truax as managing director of retail sales.

    Truax, a 30-year veteran in the audiovisual industry, will be charged with expanding the company's on-the-shelf presence in the U.S., building on the success of retail placements in global markets.

  • Supply chain firm makes top-level changes

    PITTSBURGH, Pa. — Supply chain and reverse logistics provider Genco has appointed Herb Shear as executive chairman and Todd R. Peters as CEO.

    Genco is a leading third-party logistics provider for manufacturers, retailers and U.S. government. It operates 130 value-added warehouse locations totaling 38 million sq. ft. and manages $1.5 billion in freight annually throughout North America.

  • Brand e-commerce company names new president

    CHICAGO — Jay Dettling was named president of Acquity Group, a global e-commerce an digital marketing company.

    Dettling will lead North American Services and in addition to identifying strategic expansion targets, he will be charged with evolving Acquity Group's current service offerings in strategic, creative and technical practice areas to keep pace with technological advances and changing market conditions.

  • Walmart joins health care efficiency program

    Walmart has committed $670,000 to help fund a first-of-its-kind program in its home state known as the Arkansas Payment Improvement Initiative (APII).

  • UL expands product safety capacity

    UL has more than doubled its product testing capability by relocating to a new 48,000-sq.-ft. facility in Enfield, CT.

    The company, whose ubiquitous UL trademark appears on all manner of products, said the relocation will enable it to more efficiently meet the growing demand for the company’s analytical, physical, performance and compliance testing of consumer products for retailers and manufacturers doing business in the U.S.  

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