Strategy

San Francisco -- The Gymboree Corporation has appointed former Levi Strauss & Co. executive Joelle Maher as the company's new COO.  

At Levi Strauss & Co., Maher was most recently executive VP, president global retail, and prior to that senior VP of Americas multichannel retail, and VP, planning, allocation, stores, store operations and outlet.

She also held executive leadership positions at Lucky Brand Jeans, Old Navy and Macy's East.

WASHINGTON — The National Retail Federation welcomed today’s announcement that the Federal Trade Commission plans to investigate patent trolls. 

“Patent trolls are a drain on the economy,” NRF SVP and general counsel Mallory Duncan said. “It’s time for Washington to put an end to this abuse of our nation’s laws. Seeing this issue receive top-level attention from the FTC is a significant development.”

Now that Walmart U.S. derives more than 66% of its sales from food, consumables and health and wellness related categories, Kroger is more of an immediate threat than Amazon.

PORT WASHINGTON, Wis. — K2 Sourcing has added former Walgreens purchasing and e-sourcing executive Dan Carlson to its e-sourcing team. 

Carlson will be charged with helping to parse the company’s e-procurement applications and professional procurement services to its clients.

Norwoood, Mass., and Dover, Del., are home to two next generation Staples stores reflective of the company’s latest thinking when it comes to serving shoppers in a digital world.

Cincinnati -- The Kroger Company reported better-than-expected net income of $481 million during the first quarter of this year, up nearly 10% from $439 million in the first quarter of 2012. The company also raised its forecast for annual earnings.

Total sales increased 3.4% from $29.1 billion to $30 billion and a 3.3% increase in same-store sales beat analyst projections of a 2.8% increase.

Fort Worth, Texas -- Pier 1 Imports announced a 14% jump in fiscal first-quarter earnings on Thursday and upgraded its full-year guidance.

The company reported net income of $20.3 million for the first quarter ended June 1, compared to $17.8 million for the year ago period.

Total sales were $395 million, a 9.3% increase from $361 million in the prior year quarter. Same-store sales rose 5.9% on stronger store traffic and higher average tickets.

Amazon.com and Walmart.com both sell products online, but that’s where the similarities end despite frequent efforts to compare the two.