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Strategy

  • Kraft Foods names new leadership at Europe division

    NORTHFIELD, Ill. — Kraft Foods announced that Michael Clarke, EVP and president of Kraft Foods Europe, will leave the company in mid-August to take a senior executive position with a U.K.-based public company. Kraft Foods has named Timothy Cofer, formerly SVP of the company's global chocolate category team, to succeed Clarke.  Cofer will report to chairman and CEO Irene Rosenfeld and become a member of the Kraft Executive Team.  He will be based in Zurich, Switzerland.

  • Woolworth Mexico’s deployment of RedPrairie solution wins logistics award

    Atlanta -- RedPrairie Corp. announced that Grupo Comercial Control, parent company to Woolworth Mexico and other well-known retail brands, won Mexico's annual National Award for Logistics for its successful implementation of a WMS integral strategy based on the RedPrairie Warehouse Management solution.

  • Hhgregg opens 10 new South Florida stores

    Indianapolis -- Hhgregg announced Tuesday that it will open 10 new stores in south Florida, launching simultaneous grand-opening celebrations on July 14.

    The new stores located in Miami, Broward and Palm Beach counties bring the total number of Hhgregg stores in Florida to 33, according to the retailer. The openings are in the communities of Aventura, Boca Raton, Ft. Lauderdale, Hialeah, Pembroke Pines, Miami, Plantation, Jensen Beach, East Wellington and West Palm Beach.

  • Canadian fashion brand selects Oracle Retail to drive growth

    Quebec -- Fashion brand Groupe Dynamite, based in Quebec, said Tuesday it has selected Oracle Retail applications to support the company’s expansion plans.

    Groupe Dynamite said it will implement Oracle Retail merchandising, demand forecasting and store solutions across its 250 “Garage” and “Dynamite” brand locations in North America.

    “We want to transform our business and needed a proven retail technology platform as a part of that process,” said Anna Martini, president, Groupe Dynamite.

  • Report: Landlords object to Borders sale plan

    New York City -- A report by Reuters on Tuesday said that a group of landlords have filed objections in U.S. Bankruptcy Court in Manhattan, disputing the process by which Borders Group is attempting to auction itself out of bankruptcy.

    According to the nearly 20 landlords that filed objections on Friday and Monday, the plan offers no information regarding which leases would be assumed by potential buyers of Borders’ assets.

  • Navarro Discount Pharmacy promotes Ortiz to CEO

    MIAMI — Regional pharmacy chain Navarro Discount Pharmacy, which currently has 29 stores, has named finance executive Juan Ortiz the company's CFO, to the position of CEO.

    Ortiz succeeds CEO Steve Kaczynski, whose expertise in retail merchandising and marketing over the last 18 months has been instrumental in setting a strategic direction for the company and expanding its footprint in South Florida and nationally.

  • Walmart and Sam's Club raise nearly $28M for Children's Miracle Network

    SALT LAKE CITY — Walmart and Sam's Club stores, with the help of associate, customer and member donations, between May 1 and June 13 raised more thatn $27.9 million for Children’s Miracle Network Hospitals.

    During the six-week campaign, Walmart and Sam’s Club customers and members were invited to make a donation of $1, $2 or $5 at the register to the Children's Miracle Network Hospital in their community. Additional in-store fundraisers were held to bolster fundraising efforts.

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