Human Resources

Bentonville, Ark. – Wal-Mart Stores Inc. is shuffling a number of key executives and also tinkering with its organizational structure. Veteran Wal-Mart operator Mike Moore, who currently serves as executive VP of the 613-unit Neighborhood Market division, will transition to a new executive VP role with oversight of Wal-Mart’s much larger 3,421-unit supercenter operation in the U.S.

Assuming Moore’s previous position is Wal-Mart West executive VP Julie Murphy.

San Jose, Calif. – eBay Inc. shareholders have reportedly voted themselves a measure of power to nominate directors on the company’s board. According to the Wall Street Journal, 59% of shares voting at the meeting approved allowing investors who hold at least 3% of eBay’s shares for three years to nominate up to 25% of the company’s directors.

The CEO of Carter's Inc. and the former CFO of V.F. Corp. have joined the board of directors at the Fresh Market.

Michael D. Casey, CEO and a director of Carter’s Inc., and Robert K. Shearer, formerly CFO of V.F. Corp., have been named as independent directors effective May 1. With these additions, the Fresh Market’s Board has nine directors, eight of whom are independent directors.

Cincinnati – The Kroger Co. plans to build 11 new stores and remodel 22 existing stores in the Indianapolis area. Kroger will spend $464.6 million in a four-year plan that actually started in 2014.

The plan includes constructing seven 125,000-sq.-ft. Kroger Marketplace stores in Fishers, Franklin and Indianapolis counties. Those stores will cost $141 million and create 1,350 permanent jobs.

Every business magazine sports an “X Under 40” list celebrating precocious professionals. But, really, isn’t it almost always youthful drive and optimism that feeds the engine of progress?

The stories of Chain Store Age’s 2017 list of over-achievers under 40 abound with examples of young people from different disciplines who all discovered retail real estate as the perfect channel for their passions.

The Kroger Co. is continuing to invest in its footprint in 2015, this time with plans to build 11 new stores and remodel 22 existing stores in the Indianapolis area, according to the Indianapolis Star.

Whether local or global, growth has been robust for 2014’s top third-party managers

The 26th annual survey of Fastest-Growing Managers surveys new domestic and international third-party management and leasing contracts obtained during the 2014 calendar year and ranks the top performers.

Canada represents a dynamic market for U.S. retailers looking for store expansion opportunities.