Strategy

Columbus, Ohio -- Denny Gerdeman, principal and co-founder of Chute Gerdeman, a full-service retail branding and design firm, has been named the 2011 Markopoulos Award winner.

The prestigious honor, named after the late visual merchandising legend Andrew Markopoulos, is presented annually by DDI Magazine to one outstanding industry professional. In winning the award, Gerdeman is recognized for his distinguished career as well as his efforts to give back to the profession.

New York City -- British footwear and apparel retailer L.K. Bennett plans to open 30 to 40 stores in the United States during the next three to five years, Women’s Wear Daily reported.

The company will open its first U.S. stores this spring, with British footwear and apparel retailer L.K. Bennett plans to open 30 to 40 stores in the United States during the next three to five years, Women’s Wear Daily reported.locations in Chicago and Atlanta.

ROCHESTER, N.Y. — Bausch + Lomb on Friday appointed a clinical professor of ophthalmology to serve as the company's first-ever chief medical officer.

As CMO, Calvin Roberts will coordinate B + L's research and development efforts across its vision care, pharmaceuticals and surgical business units.

Retail is a hard enough business without muddying the waters with all sorts of activities that have nothing to do with selling stuff shoppers want and need. To recap, Target gave some money to a homophobic politician who a lot of people thought was a jerk, which created an uprising in the gay and lesbian community and resulted in the company adopting a new policy to govern the political contribution process.

REDMOND, Wash. -- Target has enlisted the services of Microsoft to help run business-critical workloads for all its retail stores on 15,000 virtual machines using Microsoft virtualization and management technologies, giving its IT department greater agility and economies of scale, Microsoft announced. According to Microsoft, Target is using Windows Server 2008 R2 Hyper-V and Microsoft System Center to virtualize inventory, point-of-sale, supply-chain management, asset protection, in-store digital media and more.

Redmond, Wash. -- Microsoft Corp. announced Monday that Target Corp. is running business-critical workloads for all its retail stores on 15,000 virtual machines using Microsoft virtualization and management technologies, giving its IT department greater agility and economies of scale. Target has virtualized inventory, point-of-sale, supply chain management, asset protection, in-store digital media and more on Windows Server 2008 R2 Hyper-V and Microsoft System Center.

New York City -- Shoppers plan to wait until next year and beyond to spend generously again, a survey on Monday showed, in an early sign that rising gasoline prices could make the spring selling season tough for retailers, Reuters reported.

About three-quarters of Americans surveyed by America's Research Group said they were shopping less due to rising gas prices, with more than 62% of the participants planning to spend generously only next year or beyond.

Chicago -- Retailers and consumer product manufacturers who create and maintain a diverse workforce are more likely to increase innovation and meet consumer needs than those who don’t, according to a new report by the Network of Executive Women.