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Strategy

  • Ross Stores makes executive appointment in real estate

    Pleasanton, Calif. -- Ross Stores announced that Glen Boyer, previously VP real estate market research, has been named group VP real estate market research & property management.

  • J.C. Penney Transformation: Two Months In

    J.C. Penney is in the very beginning of its transformation. But the first component of the strategy — a new pricing model that jettisoned hundreds of promotions in favor a three-tier model — in already in place. And not surprisingly, experts are weighing in.

  • Saks selects Oracle applications to deliver business insight across all channels

    New York -- Saks Inc. has selected Oracle's retail merchandising, planning and optimization applications and the Oracle e-business suite 12.1 to help integrate business operations and improve margins and profitability across all channels.

    The implementation is part of a business-wide initiative by Saks to establish a modern, flexible and scalable IT platform that will provide finance, human resources, merchandising, commerce and store operations teams with real-time, mobile access to sales, inventory and performance data they require.

  • Starbucks ramping up expansion in China

    New York -- Starbucks Coffee Co. is planning to a major push into smaller cities in China, with a target of 1,500 stores in more than 70 Chinese cities by 2015, Bloomberg reported.

    China will become the chain’s second largest market outside the United States, the report said. Currently, Starbucks has about 500 outlets in China and operates in 48 cities.

  • Charming Charlie makes executive appointments; 60 stores on tap for 2012

    Houston -- Specialty retailer Charming Charlie announced the appointment of four retail executives as part of the ongoing development of the company’s internal structure and another step in its ongoing national expansion, including the opening of 60 retail locations in 2012.

  • Target names marketing head

    New York -- Target Corp. on Monday named Jeffrey Jones as executive VP and chief marketing officer, effective immediately. He succeeds Michael Francis who left the company in October to join J.C. Penney.

  • Meijer acquires Michigan dairy

    GRAND RAPIDS, Mich. — Mass merchandise chain Meijer has acquired a Michigan-based dairy, the company said.

    Meijer announced the purchase of Bareman's Dairy, a family-owned company based in Holland, Mich., and the intention of investing more than $8 million into expansion of the plant.

  • Swanson joins agenda at chamber event

    Walmart SVP talent development Celia Swanson has been added to the roster of speakers for the NWA Business Women’s Conference on Sept. 11 hosted by the Bentonville/Bella Vista Chamber of Commerce. Swanson joined Sam’s Club with the Pace membership club acquisition in 1994 as the senior director of the people group. She served as VP of the people group at Sam’s until 1997 when she was promoted to run membership, marketing and administration. She was named EVP in 2000, assumed leadership of change management in 2005 and moved to her current role in 2009.

  • 2012 could be the year (finally) for apparel sales improvement

    It seems like forever that that Walmart has been describing the performance of its apparel department as “a work in progress,” but this could be the year things turn around thanks to a number of factors working in the company’s favor.

    For starters, the return to basics emphasis is giving Walmart customers what they want and expect from Walmart, just as the market for apparel is enjoying strength and disruption at a competitor is creating the potential for share gains.

  • Whole Foods hooks sustainable seafood

    NEW YORK — Whole Foods Market is leading charge to promote the sale of sustainable seafood by becoming the first national grocer to stop selling red-rated seafood. The company announced that, beginning this Earth Day (April 22), it will no longer carry red-rated, wild-caught fish in its seafood departments. 

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