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Strategy

  • DSW to accelerate 2012 store openings to 35-40

    Columbus, Ohio -- DSW Inc. said Tuesday it will open between 35 and 40 stores in 2012, up from an initial plan of 15 to 20 new stores this year.

    The footwear and accessories retailer also raised its annual earnings guidance.

    “The expansion of our footprint into new and existing markets is a key growth initiative for us,” said Mike MacDonald, president and CEO, DSW Inc.

    The majority of the new stores are slated to open in the second half of 2012, according to the company.

  • Former Dell exec named CIO at Catalina Marketing

    ST. PETERSBURG, Fla. — Catalina Marketing has named John Miles as its new EVP and CIO. As Catalina’s EV{ and CIO, Miles will be responsible for leading IT strategy, research and development and new product development.

    Since 2009, Miles served as a senior member of the Dell leadership team and CIO for its global commercial and consumer businesses. He has also held senior executive and technology positions with Lowe’s and Lend Lease Inc., as well as consulting positions at Arthur Anderson and Booz Allen Hamilton.

  • Staples supports mentor program for home-state youth

    BOSTON — Staples is working with Mass Mentoring Partnership, an organization that provides youth mentoring opportunities, to recruit adult mentors for approximately 3,000 youth in its home state of Massachusetts. In addition, the retailer is donating $25,000 to the cause.

  • Walmart preps for tax season

    BENTONVILLE, Ark. — Walmart announced that it is helping customers prepare for tax season by offering low-cost tax preparation preparation services and free in-store federal Form 1040EZ filing. In addition, the retailer provides $3 and $6 check-cashing services. 

  • Long-time Walmart IT chief named CIO at QVC

    WEST CHESTER, Pa. — QVC announced that Linda Dillman has been appointed CIO, reporting to QVC president and CEO Mike George.

    Dillman, who has more than 20 years of experience leading IT teams, most recently served as SVP global IT at HP. Previously, she was EVP and CIO at Wal-Mart Stores, where she was instrumental in transforming the supply chain management model for Walmart, according to a QVC press release. 

  • Rite Aid names group VP managed care

    CAMP HILL, Pa. — Rite Aid has hired Wendy Barnes as group VP managed care, the retail pharmacy chain said Monday.

    Reporting to SVP pharmacy services Chris Hall, Barnes will be responsible for all aspects of managed care, including contracting; relationships with managed care organizations, pharmacy benefit managers and third-party payers; and developing new strategic partnerships.

  • Food Lion selects advertising agency of record

    SALISBURY, N.C. — Food Lion announced that it has selected Mullen as its advertising agency of record. Mullen will be responsible for developing Food Lion's advertising campaigns and partnering with the company on integrated marketing initiatives in support of the Food Lion brand. 

  • 7-Eleven implements mobile solution from On The Spot Systems

    Boston -- On The Spot Systems, a mobile systems provider, announced that 7-Eleven is using its Survey on the Spot mobile survey platform to capture feedback from managers in the field. 7-Eleven recognized the critical importance of gaining timely and accurate market-level data in order to make better business decisions and began using the mobile survey system in March, according to On The Spot Systems.

  • Health Net sells Medicare unit to CVS

    New York City -- Managed care company Health Net Inc. announced it will sell its Medicare Part D stand-alone prescription drug business to CVS Caremark for $160 million.

    The business has about 400,000 members in 49 states and Washington, D.C., with annual revenue of approximately $490 million.

    The deal is scheduled to close during the second quarter, pending approval from antitrust regulators.
     

  • Lululemon founder stepping back

    New York City -- Lululemon Athletica said on Friday that Dennis J. Wilson, its founder and former CEO, would step down from his current position as chief innovation and branding officer of the yogawear company at the end of January.

    Wilson will remain as chairman.

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