Corporate Governance

The Indianapolis suburb of Plainview will be home to Walmart’s newest dedicated e-commerce fulfillment center when the 1.2 million-sq.-ft. facility opens early next year.

The retailer indicated in early June that Indiana would be home to its third e-commerce fulfillment center but did not identify the community at the time. Walmart’s other online dedicated centers are located in Texas and Pennsylvania. The newest facility will employ approximately 300 people with hiring expected to begin in October.

New York -- Walmart will open a new dedicated e-commerce fulfillment, in the Indianapolis suburb of Plainview. The1.2 million-sq.-ft. facility is expected to open in early 2015.

Walmart’s other online dedicated centers are located in Texas and Pennsylvania.

Maybelline New York is rolling out the welcome wagon for Brazilian supermodel Adriana Lima, who served as global spokesperson once before, from 2003-2009.

Lima rejoins current spokeswomen Christy Turlington, Emily DiDonato, Jourdan Dunn and Marloes Horst.  

Secaucus, N.J. - Jimmy Jazz, a multichannel retailer of urban apparel and footwear with 170 physical stores in the eastern U.S., has implemented NetSuite OMX to support its e-commerce storefront. Jimmy Jazz is also taking advantage of the CRM and email marketing capabilities included in the solution for a single customer view that helps call center agents improve support effectiveness and deliver personalized email communication based on a customer’s order frequency, dollar value of purchases and products ordered.

In his first full quarter as CEO of the nation’s largest supermarket retailer, Rodney McMullen had the pleasure of reporting sales and profits that exceeded estimates and increasing the growth forecast for a company that was already poised to surpass annual sales of sales of $100 billion.

Scarborough, Maine -- Cole Haan is opening a flagship location in the Ginza, Tokyo's premier shopping district. The 2,000-sq.-ft. store debuts the company’s global format. Cole Haan also plans to use the store as a launching point for growth in the Asia-Pacific region.

Architecture firm Anderson Architects in New York led the design of the ground-floor store, in partnership with local architects Garde Co.

Camp Hill, Pa. – Rising drug costs and falling reimbursements, as well as higher income tax expense, significantly cut into profits at Rite Aid Corp. Net income dropped 55% to $41.4 million in the first quarter, from $91 million in the year-ago period. Its earnings matched analysts' expectations.
 
Improving pharmacy sales helped drive a 3% increase in revenue to $6.47 billion from $6.29 billion, above Wall Street projections. Same-store sales rose 3.1%. Rite Aid maintained its fiscal 2015 earnings and revenue predictions.

Peoria, Ill. — Cullinan Properties has promoted Kathleen Cullinan Brill to VP, director of leasing. In her new role, Brill will direct the leasing, sales and marketing functions of Cullinan Properties while managing third party broker relationships.

Since joining Cullinan in 2006, Brill has completed over 1,000,000 sq. ft. of transactions, including big-box and junior anchor retailers such as Target, Costco, Gordmans and Hy-Vee as well as numerous national and regional small shop tenants and restaurants.