Strategy

MEMPHIS, Tenn. -- AutoZone announced that it has recognized Great Neck Saw as Extra Miler: Supplier of the Year during the annual AutoZone Vendor Summit held in Memphis, Tenn.

HOUSTON -- Kroger announced that, beginning  April 13, Kroger customers in the Greater Houston area will be able to save up to $1 per gallon at 68 Kroger Fuel Centers through the grocer's new fuel accumulation program. Kroger's latest gas savings initiative will allow shoppers to redeem up to 1,000 fuel points, which are earned through everyday grocery, prescription and gift card purchases using the Kroger Plus card, during a single fill-up.

BENTONVILLE, Ark. and HOFFMAN ESTATES, Ill. -- Walmart and Sears Holdings have both announced their commitment to helping military members maintain employment when moving from one community to another.

INDIANAPOLIS -- Finish Line announced that Donald Gualdoni has been appointed VP business development and corporate strategy, effective April 14.

New York City -- J. Crew said Tuesday that it plans a $20 million expansion of its Lynchburg, Va., distribution center to facilitate the retailer’s goal of selling more clothes overseas.

According to a report in the Lynchburg newspaper News & Advance, J. Crew is slated to open its first store outside the tates and start shipping orders to Europe by the end of 2011. Those orders will be filled at J. Crew’s facility in Lynchburg.

Bentonville, Ark. -- Wal-Mart Stores said Tuesday it plans to reduce space for electronics in its U.S. stores, saying that sales in that category have declined.

The company will reduce floor space devoted to items such as flat-screen televisions and give some of that space to apparel, according to Rosalind Brewer, who runs the Wal-Mart East division and addressed a retail conference in Atlanta on Tuesday.

Atlanta -- A report released Tuesday by First Data Corp. found that, despite tough comps and a late Easter, March 2011 same-store consumer spending by credit, signature debit, PIN debit, EBT cards and checks at U.S. merchant locations showed a steady uptick.

Washington, D.C. -- On the heels of First Lady Michelle Obama and Dr. Jill Biden’s “Joining Forces” military support announcement in Washington, D.C., on Tuesday, Walmart has announced its Military Family Promise. 

The commitment guarantees a job at a nearby store or club for all military personnel, and military spouses, employed at Walmart and Sam's Club who move to a different part of the country because they or their spouse have been transferred by the United States military.

New York City -- A report by the Associated Press revealed that Gap CEO Glenn Murphy received compensation worth nearly $6 million in 2010, an 18% increase from the year before.

Most of the increase came from a one-time bonus and stock awards. Murphy didn't receive any stock awards the year before.
 

Wilmington, Del. -- Chase Card Services, a division of JPMorgan Chase & Co., and Kohl’s Department Stores announced an exclusive marketing partnership in which Chase card members enrolled in Chase’s Ultimate Rewards program will gain access to a wide range of increased rewards benefits for shopping at Kohl’s.