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Strategy

  • Whole Foods launches meat apprenticeship

    Austin, Texas – Whole Foods Market is launching an in-store meat apprenticeship program for its team members. The intensive 18-month training program is designed to transform aspiring butchers into skilled meat cutters and teach them the company's standards for quality, animal welfare, food safety, and sanitation.

  • Sprouts rolls out Manthan BI solution

    Phoenix -- Sprouts Farmers Market, Inc. has completed the implementation of the Manthan Systems ARC BI platform and merchandise analytics technology in 166 retail stores across eight states.

  • Dick’s Sporting Goods plans to add over 300 stores by 2018

    Pittsburgh -- Dick’s Sporting Goods on Wednesday detailed its long-term plan to deliver sales and operating profit growth and drive shareholder value over the next five years, with the company’s namesake stores, new Field & Stream retail format and omnichannel platform driving its growth.

  • Report: Staples and RadioShack remove Amazon lockers

    New York -- Staples and RadioShack Corp. have removed Amazon lockers from their stores, according to Bloomberg. The chains were among a group of retailers who have been testing the system.

    According to the report, Staples ended the partnership with Amazon because it didn’t meet the criteria the two companies set up, while RadioShack said the program did not fit with its strategy.

     

  • Sycamore takes 8% stake in Aeropostale

    New York -- Private-equity firm Sycamore Partners disclosed through a filing with the U.S. Securities and Exchange Commission on Tuesday that an affiliate, Hummingbird LLC, had taken an 8% stake in Aeropostale.

    Sycamore through its Hummingbird LLC unit, bought about 6.3 million shares of Aeropostale, according to the filing. That would make it the retailer’s fourth-largest shareholder, according to data compiled by Bloomberg.

     

  • HSN appoints TPG Capital advisor to board

    St. Petersburg, Fla. -- HSN has appointed Matthew Rubel, senior advisor with TPG Capital, to its board of directors.

    Rubel previously served as chairman, president and CEO of Collective Brands, where he worked from 2005-2011. Before that, his executive roles included serving as president and CEO of Cole Haan from 1999 to 2005, as well as serving as executive VP of J. Crew Group and CEO of Popular Club Plan.

  • Ikea planning Kansas’ largest geothermal heating and cooling system

    Conshohocken, Pa. -- Ikea plans to incorporate the largest geothermal heating and cooling system in the state of Kansas (and neighboring Missouri) in its upcoming store in Merriam, Kan. The 359,000-sq.-ft. store is now under construction.

    The related drilling and underground work should be complete by winter, with the system operational when the building opens in fall 2014. The Ikea Merriam will be the second U.S. Ikea location with geothermal technology. (In 2011, Ikea opened a store Centennial, Col., that uses geothermal technology.)

  • Report: Judge to review J.C. Penney-Martha Stewart contract situation

    Plano, Texas -- Legal wrangling about J.C. Penney Co. selling Martha Stewart-branded home goods is reportedly continuing. According to The Motley Fool, a hearing has been scheduled for Sept. 25 to review allegations in the New York Post that J.C. Penney plans to terminate its contract with Martha Stewart Living.

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