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Strategy

  • Brazil is top developing economy for retail expansion

    New York -- A report released Monday by A.T. Kearney showed that Brazil once again first among developing countries for global retail expansion.

    A.T. Kearney’s Global Consumer Institute’s 2012 Global Retail Development Index ranks the top 30 developing countries for global retail expansion.

  • Weis set to reopen former Genuardi's stores this weekend

    SUNBURY, Pa. — Weis Markets has closed on its purchase of three former Genuardi's stores and is slated to reopen them this weekend.

    In advance of these store openings on June 16, located in Conshohocken, Doylestown and East Norristown, Pa., Weis said it will reopen each store's pharmacy Monday at 12 noon to minimize prescription service disruption.

    Weis added that it has hired 218 former Genuardi employees and has added 150 positions, which will allow each store to double the number of cashiers it employs and increase front-end service.

  • Save-A-Lot looking for college interns to 'hit the road'

    ST. LOUIS — Save-A-Lot, a wholly owned subsidiary of Supervalu, on Monday launched a national search for a team of two interns to serve as brand ambassadors — or more aptly titled Road Scholars — for its 2012 Fuel Your Family Road Trip campaign.

    The winning team will hit the road at the end of July for a four-week tour to 12 U.S. cities to personally bring the brand to consumers and help show people how Save-A-Lot can help families with savings of up to 40%, compared with traditional grocery stores.

  • Claire's Stores COO resigns company

    Chicago -- Claire's Stores announced Monday that its COO James G. Conroy has departed the company, effective immediately.

    Conroy's duties will be assumed by newly appointed CEO James D. Fielding, who will officially join Claire’s on June 18. Fielding had been president of Disney Stores Worldwide since May 2008.
     

  • NYC files derivative suit vs. Wal-Mart

    New York -- A Monday report by Reuters said that New York City's pension funds have filed a derivative lawsuit against Wal-Mart Stores Inc. based on reported allegations of bribery in Mexico and a possible cover-up by Wal-Mart officials.
     
    The suit, filed in Delaware Chancery Court, alleges that Wal-Mart's officers and board of directors breached their fiduciary duty to both the company and shareholders by failing to properly handle claims of alleged bribery and apparently attempting to cover up details of the issue.

  • Weis set to reopen former Genuardi's stores on June 16

    Sunbury, Pa. -- Weis Markets has closed on its purchase of three former Genuardi's stores and is slated to reopen them on June 16.

    Ahead of the three openings -- in Conshohocken, Doylestown and East Norristown, Pa. – Weis said it opened each store's pharmacy Monday at noon to minimize prescription service disruption.

     

  • Martha Stewart revs e-commerce presence with former Anthropologie exec

    New York -- Martha Stewart Living Omnimedia said Monday it has named Michael Robinson to the newly created position of VP e-commerce.

    Robinson was most recently Anthropologie’s head of e-commerce for Europe and United Kingdom, and was responsible for launching the Anthropologie catalog and website in 1998, as well as introducing the retailer’s loyalty card program.

    He has also held managerial and planning positions with Banana Republic and Smith & Hawken.

  • McDonald's global comps up 3.3% in May

    Oak Brook, Ill. -- McDonald's Corp. reported Monday that global same-store sales grew 3.3% in May, led by a 4.4% gain in the United States and 2.9% growth in Europe.

    The Asia/Pacific, Middle East and Africa were down 1.7%.

    "I am confident we will continue to deliver long-term sustainable growth as we remain focused on the opportunities that will enable Brand McDonald's to further extend our relevance to the 68 million customers who we serve around the world every day," said Jim Skinner, CEO.

  • Dunkin' Brands names global strategy officer and CFO

    Canton, Mass. -- Dunkin' Brands Group said Monday that it has named current CFO Neil Moses as its new chief global strategy officer, charged with driving the company's strategic initiatives.

    Paul Carbone, formerly VP finance and strategy, is being promoted to CFO.
     

  • Dick's Sporting Goods to open two new stores on June 13

    Pittsburgh -- Dick's Sporting Goods announced Monday it will open two new stores on June 13.

    A store at Bloomfield Town Square, in Bloomfield, Mich., will be the sporting goods retailer’s 20th store in the state.

    The new store opening at Northborough Crossing, in Northborough, Mass., will be the retailer’s 17th in the state.
     

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