Strategy

Giant Food Stores is expanding its partnership with sister company Peapod again, this time with the launch of a new pickup spot at a store in a town near Philadelphia.

Giant-Carlisle and online grocery service Peapod, both banners of Ahold USA, announced the launch of the pickup service in Huntingdon Valley, Pa. The store is the 10th Giant location in Pennsylvania to include a Peapod pickup spot.

New Haven, Conn. -- Sportech Venues, owner and operator of Winners sports bars and OTB in Connecticut, will launch a major new concept in sports entertainment at the Bradley Teletheater adjacent to Bradley International Airport, in Windsor Locks. Construction concludes shortly, with the opening planned for early January 2014.

Walmart has appointed Krish Iyer president and CEO of Walmart India, effective Jan. 20, 2014. He will report to Scott Price, president of Walmart Asia.

New York -- Restoration Hardware Holdings said that co-CEO Carlos Alberini is resigning, effective January 31, to become the chairman and chief executive of Lucky Brand Jeans. The move comes just days after Fifth & Pacific Cos. entered into an agreement to sell Lucky Brand to private equity firm Leonard Green & Partners.

New York -- Due to the holiday rush and related closings, Chain Store Age has extended the deadline for its 32nd annual Retail Store of the Year Design Competition until Wednesday, January 8, 2014.

More than 20 competition categories are featured, including department stores, supermarkets, discounters, restaurants, convenience stores, specialty stores, service, sustainability and pop-up stores. This year, for the first time, the competition also includes the category of in-store digital innovation.

Seattle – Nordstrom has closed a previously announced offering of $400 million aggregate principal amount of 5.00% Senior Notes due 2044. The proceeds from the sale of the notes will be used for general corporate purposes, including repayment or retirement of outstanding indebtedness due in 2014, financing of capital expenditures and working capital needs.

The notes were offered in a private placement, solely to qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933.

Bentonville, Ark. – Wal-Mart Stores has named a new president and CEO of its Indian operations. According to multiple media reports, Krish Iyler, who has been a senior VP in Wal-Mart’s international unit since January 2013, will assume his new role on Jan. 20. 2014.

The Coca-Cola Company is making management and organizational changes to Coca-Cola Americas as part of its agenda to accelerate growth.

The company, which reorganized its operating structure last year, is taking further steps to streamline its focus and expedite its refranchising to independent bottling partners.

Effective Jan. 1, 2014, the integrated North America business will be segmented into a traditional company and bottler operating model that will consist of two operating units: Coca-Cola North America and Coca-Cola Refreshments.