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Strategy

  • L.L. Bean to offer free shipping on a permanent basis

    Freeport, Maine -- L.L. Bean announced it will implements free standard shipping to all United States and Canadian addresses effective March 25.

    “We tested free shipping offers with no minimum purchase for several months and the customer response was overwhelming,” said Chris McCormick, president and CEO, L.L. Bean, Freeport, Maine. “It’s our opportunity to offer free shipping for all U.S. and Canadian customers with no minimum purchase, no end date, no conditions -- guaranteed.”

  • Wal-Mart Stores establishes East Coast office in Atlanta

    BENTONVILLE, Ark. -- Wal-Mart Stores said it will open a new office in Atlanta, positioning the retailer to more effectively manage nearly 1,600 stores in 20 eastern U.S. states and allow it to focus on opportunities to grow its business in states such as New York.

    The new eastern business unit will be run by Rosalind Brewer, president of Walmart East and executive VP of Walmart U.S.

  • Golf Town in U.S. debut with five stores in greater Boston

    Toronto -- Canadian golf retailer Golf Town said Thursday it has opened its first five stores in the United States, all located in the greater Boston area.

    The $25 million U.S. market expansion includes stores in Avon, Bellingham, Reading, Seekonk and Watertown, Mass., all of which opened on March 24 and total about 100,000 sq. ft. A sixth store is slated to open in Northborough, Mass. in the fall.

  • Home Depot director nominees include Staples CEO

    Ronald Sargent and Frank Brown -- the CEO of Staples and the dean of an international business school, respectively -- have been nominated for election to The Home Depot's board of directors at the company’s upcoming annual meeting on June 2.

    Separately, David Batchelder has informed the company that he has decided not to stand for re-election at the annual meeting. Batchelder, founder and principal of Relational Investors LLC, has been a director since 2007.

  • Home Depot to nominate Staples CEO to board

    Atlanta -- The Home Depot board member David H. Batchelder has decided against standing for re-election. The company said Thursday that it is nominating Staples chairman and CEO Ronald L. Sargent and former accounting and consulting company executive J. Frank Brown for seats.

    Batchelder, 61, has been a Home Depot board member since 2007. He is the founder and principal of Relational Investors LLC.

    Sargent, 55, has served as Staples' CEO since 2002 and as chairman since 2005.

  • Walmart reduces waste sent to landfills by 80% in California

    Bentonville, Ark. -- A comprehensive waste reduction program has resulted in Walmart eliminating more than 80% of the waste that would go to landfills from its operations in California. Walmart’s results exceed both the national average landfill diversion rate of 45% and the California rate of 65%. The program is now being implemented across all of the company’s 4,400 U.S. locations, including Sam’s Club units and distribution centers.

  • Cabela's names new board member

    SIDNEY, Neb. -- Cabela’s Inc. announced that Beth Pritchard has been appointed to its board of directors.

    “I am delighted that Beth has joined our Board,” said Tommy Millner, Cabela’s CEO. “Beth’s impressive retailing expertise, marketing knowledge and leadership experience will be invaluable as we continue to focus on our strategic initiatives and look to profitably expand our retail store count.”

  • Wal-Mart establishes East Coast office in Atlanta

    Bentonville, Ark. -- Wal-Mart Stores said it will open a new office in Atlanta, positioning the retailer to more effectively manage nearly 1,600 stores in 20 eastern U.S. states and allow it to focus on opportunities to grow its business in states such as New York.

    The new eastern business unit will be run by Rosalind Brewer, president of Walmart East and executive VP of Walmart U.S.

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