Strategy

Armonk, N.Y. -- IBM said Wednesday it has completed its acquisition of Emptoris Inc., expanding IBM’s cloud-based analytics offerings that provide supply chain intelligence, or smarter commerce.

“Developing the right procurement strategy and an adaptive supply chain are keys to achieving the business objectives of smarter commerce,” said Craig Hayman, general manager, IBM Industry Solutions. “Together, Emptoris and IBM's integrated solutions will transform how clients manage compliance and mitigate supply risk.”

Oakbrook Terrace, Ill. -- Redbox Automated Retail, a division of Coinstar, announced Tuesday it has renewed its agreement with Walmart to continue featuring Redbox kiosks at more than 3,700 Walmart locations nationwide.

The agreement extends the availability of Redbox kiosks and builds upon the companies' more than five-year relationship, said Redbox.

The first Redbox kiosks were installed in Walmart stores in 2006.
 

Los Angeles -- The Robin Group said Tuesday that Yoav Sarraf has been promoted to VP and director of retail brokerage services.

Sarraf joined TRG in 2008. He was previously director of acquisitions for Brighton Holdings.

FRAMINGHAM, Mass. — The TJX Companies announced Tuesday that Scott Goldenberg has been promoted to CFO, retaining his EVP title, effective Jan. 29, the beginning of TJX’s fiscal year. Goldenberg will oversee corporate finance for TJX and continue to report to Jeffrey Naylor who had resumed the CFO position in 2009. Naylor will continue as senior EVP, chief administrative officer and also have responsibility for other corporate functions, including Information technology, legal, risk management, and investor relations.

North Plainfield, N.J. -- A survey released Monday by Levin Management Corp., which polled retailers within its 12.5 million-sq.-ft. shopping center portfolio in New Jersey, Pennsylvania and New York, found a general feeling of post-holiday optimism.

York, Pa. -- Following recent news that Bon-Ton Stores president and CEO Bud Bergren would be stepping down and succeed by former Lord & Taylor CEO Brendan Hoffman, the retailer said Tuesday that, effective Feb. 7, Bergen will become chairman of the board.

Hoffman will become a director of the company. Former executive chairman, who recently resigned that title, will remain on the board as strategic initiatives officer.

Boca Raton, Fla. -- Office Depot announced Tuesday the release of its 2011 Corporate Citizenship Report, highlighting its commitment to business, ethics, diversity, environmental sustainability and community.

Highlights of the report include diversity initiatives such as its Historically Underutilized Businesses catalog, which features products by businesses owned by minorities, women, the disabled and veterans; its ranking as the greenest retailer in America; and its compliance training initiatives.

Milwaukee -- NAI MLG Commercial said Tuesday that Brian J. Vanevenhoven has been named principal of the firm.

Vanevenhoven joined NAI MLG Commercial in 2000 and became a retail associate in 2001. In 2006, he was promoted to VP, and in 2007 was promoted to senior VP of the retail team.