Strategy

LONDON  — Asda announced last week that Judith McKenna, the company's current finance director, is to take the reins as the retailer’s COO, effective September.

Judith, who joined Asda more than 15 years ago, has led Asda’s finance functions as CFO since 2001.

As COO she will take on leadership of all Asda’s retail operations, including its stores, distribution network and IT systems.

Denver -- Centro Properties Group US announced Tuesday that Dollar Tree has opened a new store in Denver.

The 8,460-sq.-ft. Dollar Tree store opened at Villa Monaco, which is owned by New York City-based Centro Properties Group.

Such retailers as Target, Best Buy, Home Depot, JCPenney, Lowe’s and Walmart are part of an organization called the Coalition for Responsible Transportation (CRT) that is pushing a new approach designed to reduce emissions at the nation’s ports. The retailers along with Hewlett Packard, Nike and a host of leading transportation providers have teamed with the Environmental Defense Fund and the U.S. Environmental Protection Agency to launch a program called, “EPA SmartWay Drayage Program.”

Boston -- WS Development announced that Aldi will open a new store at Stateline Shopping Center, located in Salem, N.H.

The new store, the grocer’s first in the state, will join a newly opened Lowe’s anchor, as well as Sovereign Bank and NAMCO at the recently redeveloped 232,000-sq.-ft. shopping center.

New York City -- Next-generation digital signage that uses the latest in holographic imaging and audio-visual technology to create the illusion of a real person is making its U.S. debut at Duane Reade’s new flagship in downtown Manhattan.

Bangalore, India -- According to multiple reports on Monday, India’s largest retailer has hired two former executives of Wal-Mart Stores’ China operations as its two top executives.

Reliance Industries Ltd., which operates 1,000 retail stores across India selling everything from produce to electronics, has named Rob Cissell as CEO of Reliance Retail Ltd. and has named Shawn Gray as COO.

NEW YORK — Duane Reade, which is owned by Walgreens, is opening on July 6 its 22,000-sq.-ft. flagship store that has a decided “up market focus” with exclusive services and amenities never seen before in a Duane Reade or any other drug store.

The innovative 24-hour store is located at 40 Wall St., which is known as the "Crown Jewel of Wall Street" and once held the title of the tallest building in the world.

New York City -- Walgreens’ Duane Reade division on Wednesday will open its most ambitious and elaborate store to date, a flagship in downtown Manhattan. The 22,000-sq.-ft. drug store, located at 40 Wall Street, will have an upscale focus, and feature a number of exclusive services and amenities aimed at the Wall Street clientele.