Strategy

Bentonville, Ark. – Wal-Mart Stores, Inc. will reportedly decide how it will proceed with retail plans in India this month. According to Reuters, Wal-Mart’s Indian partner Bharti Enterprises will decide if it wants to continue working with Wal-Mart based on those plans.

New York — Sam’s Club will open two new clubs on Oct. 3. One is located in Romeoville, Ill. Romeoville Mayor John Noak, Chicago Bears cornerback Tim Jennings and former Bears tight end Desmond Clark, will attend the grand opening.

The second new Sam’s Club is located in Edmond, Okla. Edmond Mayor Charles Lamb, Oklahoma quarterback Jason White and former Sooner running back Billy Sims will attend the grand opening.

The Clorox Company has updated its strategic growth plan. Called the 2020 Strategy, it focuses on delivering long-term, profitable growth through the year 2020 and builds upon the company's recently completed centennial strategy.

Seattle -- HauteLook, an online flash sale retailer owned by Nordstrom, announced that founder Adam Bernhard is stepping out of the CEO role and day-to-day operations of the business, but will remain with HauteLook in an advisory capacity. Terry Boyle will remain as president, reporting to Jamie Nordstrom, president of Nordstrom Direct. With HauteLook fully operating as a division of Nordstrom, no CEO will be appointed in Bernhard's place
   

Earlier this year, quick-serve behemoth Dunkin’ Brands, which operates 10,500 Dunkin’ Donuts in 31 countries and 7,000 Baskin Robbins in 50 countries, announced its first new store design in seven years.

Stater Bros. has announced that VP of real estate Mike Slaton passed away suddenly on Saturday, Sept. 28. He was 51 years old.

As a tribute to Slaton, the 44,000-sq.-ft. Stater Bros. supermarket that opened recently in Redlands, Calif., will be dedicated in his honor.  
 

By Yaromir Steiner

J.C. Penney is making headlines again thanks to shareholder Alan Marcus, who is suing the troubled department store chain because of its recent decision to build equity by issuing more than $800 million worth of new stock, which sent share values plunging, Reuters reported.

The report said Marcus, who bought 300 shares of Penney stock on Sept. 26 shortly before the new stock was announced, is trying to obtain class-action status for his suit.