Retail

Kohl’s pursues ‘Greatness Agenda’ with enterprise omnichannel initiatives

If you’re going to create an agenda, it may as well be an ambitious one. And the “Greatness Agenda” being pursued by Kohl’s Corp. is certainly that.

“Our strategy is to be the most engaging retailer in the U.S.,” Janet Schalk, executive VP and CIO of Kohl’s, explained during an interview with Chain Store Age.

Pittsburgh – Dick’s Sporting Goods Inc. knows who it wants to be – a successful omnichannel brand. The retailer is rolling out a new omnichannel campaign, "Who Will You Be?", which will debut March 6 on TV and digital platforms during ESPN's College Basketball Championship Week.

Dhiraj Jain, business development head of retail products and IP for global IT services, consulting and business solutions organization Tata Consultancy Services (TCS), recently took some time to explain exactly how the POS is evolving into a full-fledged omnichannel commerce platform.

How has the role of the point of sale (POS) evolved over the years?

A traditional POS is no longer sufficient to fulfill demands of the modern retailer.

Seattle -- Nordstrom on Friday opened the doors to its store at Rideau Centre in Ottawa, Ontario. The 157,000-sq.-ft. store is the retailer’s second location to date in Canada.

"We are thrilled to welcome Nordstrom to Rideau Centre, which is a major milestone and component in the shopping centre's $360 million multi-year redevelopment project," said John Sullivan, president and CEO, The Cadillac Fairview Corporation Limited.

Focus on concrete moisture and mitigation

Damage to flooring from concrete slab moisture costs U.S. companies upwards of $1 billion each year. When we interviewed flooring industry experts, more than 70% of them reported that they experience moisture issues “often,” with 100% of those surveyed in unanimous agreement that they had experienced some moisture issues.

Moisture issues show up as distorted flooring (such as curling and buckling), adhesive coming through the joints and alkalinity.

Issaquah, Wash. – A tax benefit in connection with a special cash dividend helped boost net income at Costco Wholesale Corp. a better-than-expected 29% to $598 million from $463 million in the company’s second quarter of fiscal 2013.

Sales increased 4% to $26.9 billion and membership sales grew 5.8% to $582 million, with total revenues increasing 15.8% to $27.5 billion during the quarter ending Feb. 15.

Mahwah, N.J. - Ascena Retail Group Inc. has named board member Randy L. Pearce to the newly created role of lead independent director. As lead independent director, Pearce will preside at executive sessions of the independent directors, will serve as liaison between the independent directors and the chairman of the board and between the independent directors and senior management, and will call meetings of the independent directors.

Los Angeles - Factory workers of American Apparel established a coalition of workers to advocate for their rights before new corporate management. Hundreds of workers met on Feb. 28 to organize themselves into the "Coalition of American Apparel Factory Workers United to Save American Apparel."