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Strategy

  • Staples opens Velocity Lab to boost online growth

    Framingham, Mass. -- Staples Inc. opened its new Velocity Lab, in Cambridge, Mass. The lab houses teams responsible for designing and implementing innovative new e-commerce and mobile solutions across Staples’ global business units.

    The move is part of the office supply retailer’s recently announced strategic plan to accelerate growth by integrating its retail and online offerings and increasing investment in online and mobile capabilities to provide business customers with a seamless multichannel shopping experience.

  • Nike revamps leadership team

    BEAVERTON, Ore. — Nike has named Roger Wyett as its new VP of Action Sports. Wyett will oversee Nike brand’s skateboarding and snow businesses, as well as Hurley International LLC.

    Sandy Bodecker, the current VP of Action Sports at Nike, will now work on special projects involving long-term product innovation. Additionally, Jim Calhoun, CEO of Converse, will report directly to Mark Parker, president and CEO of Nike.

  • Dickies slips into something more comfortable

    FORT WORTH, Texas — Global work wear brand Dickies has signed a new licensing agreement with R & S Sales Company, a leading developer and marketer of slippers and flip-flops in the U.S.

  • Ikea to make state debut in Kansas City area

    Merriam, Kansas -- Shopping center owner and developer DDR Corp., based in Beachwood, Ohio, said Tuesday it will sell 22 acres of land to Ikea Property for the construction of Ikea’s first store in Kansas, located in the Kansas City bedroom community of Merriam, Kan.
     
    Ikea confirmed Tuesday that the City Council of Merriam has unanimously approved plans for this project, following last month's approval from the city's Planning Commission.
     

  • Kansas City here Ikea comes

    CONSHOHOCKEN, Pa. — Ikea has received the green light from Merriam’s city council to go ahead with its Kansas City-area store.

    Pending the land purchase, permits and demolition of on-site buildings, construction of Ikea Merriam can begin summer 2013, with the store opening fall 2014.

  • Keurig-maker brews board changes

    WATERBURY, Vt. — Green Mountain Coffee Roasters has implemented several changes to its board of directors.

    GMCR has elected Norman H. Wesley as its new chairman of the board and appointed former Kellogg Company head A. D. “David” Mackay as an independent director. Michael J. Mardy, who had previously served as interim chairman, will continue in his role as audit committee chair.

  • Ascena Retail Group announces DC expansion

    Suffern, N.Y. -- Ascena Retail Group, which operates the Maurices and dressbarn banners, said Tuesday it will launch a 760,000-sq.-ft. distribution center expansion in central Ohio.

    Upon completion, the new facility will distribute apparel and accessories for its lineup of brands, which also includes Justice & Brothers, Lane Bryant and Catherines.

  • Dick’s suspends sales of certain type of ‘modern sporting rifles’

    New York -- Dick's Sporting Goods said it has removed all guns from its store nearest to Newtown, Conn., and is suspending the sale of certain kinds of semi-automatic rifles from its chains nationwide.

    In a statement, the retailer said the move was made out of respect for the victims and families of last week's Sandy Hook Elementary School shooting.

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