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Strategy

  • Safeway in DC earns LEED certification

    New York City -- Safeway’s store in the Georgetown section of Washington, D.C, has earned LEED (Leadership in Energy and Environmental Design) certification. The 71,067-sq.ft. store is the grocer’s second LEED-certified store, and the first LEED certified store in DC.

  • Craft & Hobby Association announces CEO departure

    ELMWOOD PARK, N.J. — The Craft & Hobby Association (CHA) board of directors has announced the departure of Steve Berger as president and CEO of CHA. The board of directors will immediately begin a search for a new chief executive. No timetable has been set for securing a replacement. In the interim, Tony Lee, VP meetings and expositions, will serve as acting president and CEO.

  • It’s not the economy. Or the cost-cutting.

    Starbucks CEO Howard Schultz told Britain’s Sky.com that the chain’s focus on improving its offerings and encouraging innovation as opposed to cost-cutting and store-closings are the reasons for its turnaround.

    “You can’t “cut your way to prosperity,” Schultz said. “You have to create growth and opportunity.”

  • Amazon CEO offers shopper insights

    When it comes to shopping, Jeff Bezos, CEO of Amazon knows a thing or two about the subject, which is why it was fitting that he was the keynote speaker at Consumer Reports’ ShopSmart magazine summit on May 11. The founder of the leading online retailer offered insights on the consumer and the future of the industry.

  • Anna’s Linens names Transplace as 2010 Business Partner of the Year

    Dallas -- Transplace, a leading provider of transportation management services and logistics technology, announced that Anna’s Linens has selected the third-party logistics provider (3PL) as its 2010 Business Partner of the Year.

    Anna’s Linens recognized Transplace, which manages all of the specialty retailer’s domestic transportation activities, for delivering supply chain improvements via the 3PL’s managed services solution and logistics technology.

  • Kohl's raises FY outlook on strong Q1

    MENOMONEE FALLS, Wis. — Kohl’s reported that its first quarter diluted earnings per share increased 14% to 73 cents, in line with Citi and Stifel analysts expectations and with the company's updated guidance that EPS would be toward the high-end of 68 cents to 73 cents (provided on May 5). Net income for the quarter was $211 million, compared with $199 million (64 cents per diluted share) a year ago. Net sales were $4.2 billion, an increase of 3.1% for the quarter. Comparable-store sales for the quarter increased 1.3%.

  • Wal-Mart exec to run fast-growing Save-A-Lot

    Eden Prairie, Minn. -- Supervalu has named Santiago Roces, a former Wal-Mart Stores executive, as the CEO and president of its discount Save-A-Lot division. Roces, who most recently served as senior VP and general manager of Wal-Mart's small-format division, replaces Bill Shaner, who led Save-A-Lot since 2006 and worked for Supervalu for 27 years.

    Supervalu it plans to double the number of Save-A-Lot stores, growing it to more than 2,400 locations by the end of 2015.

  • Nordstrom to roll out mobile checkout devices company-wide

    New York City -- Nordstrom is taking its vaunted customer service to the next level: The company will roll out mobile checkout devices to its stores nationwide by the start of its anniversary sale in July, Nordstrom president Blake Nordstrom told shareholders Wednesday at the company's annual meeting in Seattle. The retailer, which has tried a variety of different devices, is currently testing the iPod Touch in its downtown Seattle and Bellevue Square stores.

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