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Strategy

  • …And in other where are they now news

    In addition to a John Fleming sighting in Minneapolis, Walmart alums John Menzer and Craig Herkert made news of their own this week.

    Menzer resigned as CEO of Michaels following a stroke he suffered back in April, while Herkert was let go from his CEO role at Supervalu following a string of poor results.

  • Things get ugly at Tuesday Morning

    DALLAS — A lawyer representing former Tuesday Morning CEO Kathleen Mason asserts the closeout retailer fire her upon learning she was diagnosed with breast cancer.

    Kathleen Mason, the former President and CEO of the Dallas-based, closeout retailer, has filed charges of disability discrimination against her former employer with the Equal Employment Opportunity Commission (EEOC).
     

  • Shopko bolsters executive team

    GREEN BAY, Wis. — Shopko has named Craig Gourley as its new SVP, general merchandise manager home and hardlines.  

    In this position, Gourley will report to Jill Soltau, EVP, chief merchandising officer, and will be responsible for overseeing all aspects of merchandising for the home division including developing strategies, negotiation vendor partnerships and managing the buying team.

  • Harris Teeter announces store growth plans

    MATTHEWS, N.C. — Harris Teeter plans to expand its presence in existing markets, the company said in its third-quarter earnings release.

  • Nestle names new U.S. chairman

    GLENDALE, Calif. — Paul Grimwood, CEO of Nestlé UK and Ireland, has been appointed to the role of chairman and CEO of Nestlé USA following the announcement by current chairman and CEO Brad Alford, who is to retire in October 2012.

  • Starbucks stores in energy-saving pilot

    Oakland, Calif. -- Lucid, a provider of real-time feedback technology for buildings, is spearheading a study of resource consumption and behavior change with Starbucks Coffee Co. The pilot project, developed in conjunction with the Snohomish County Public Utility District and Portland Energy Conservation Inc., will be hosted by 10 Starbucks stores in Snohomish County, Ore., and will serve to test and document measurable energy savings in the stores.

  • Harris Teeter details expansion plans

    Matthews, N.C. -- Harris Teeter plans to expand its presence in existing markets, the company said in its third-quarter earnings release.

  • Samsonite acquires Hartmann

    New York -- Samsonite International is acquiring high-end luggage and leather goods firm Hartmann from Clarion Capital Partners for $35 million.

    “The Hartmann brand is an important addition to our portfolio and gives us the ability to successfully expand our presence in the global luxury luggage section,” stated Tim Parker, chairman and CEO, Samsonite.
     

  • Kronos: Retail hiring slows for second consecutive month

    Chelmsford, Mass. -- The Kronos Retail Labor Index edged down one-tenth to 4.2% in July, reflecting declines in both hires and applications. (The index is defined as the ratio of hires to applications within a given month, expressed as a percentage. A level of 3.0 means that for every 100 applications received, three hires occurred.)

  • Walgreens’ July same-store sales down 7%

    Deerfield, Ill. -- Walgreen Co. said that its same-store sales fell 7% in July as its split with Express Scripts continued to hurt its top line. (The two companies last month reached an agreement to resume doing business, but that doesn't start until Sept. 15.)

    The company's pharmacy same-store sales were down 9.7%, while front end sales fell 2.4%. The performance missed analyst expectations.
     

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