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Retail

  • Tiffany appoints new president

    New York -- The board of directors of Tiffany & Co. has appointed Frederic Cumenal to the position of president of Tiffany & Co. and also appointed him to a newly created seat on the company’s board. Cumenal, 54, who has been with Tiffany in a regional executive role since March 2011, will retain his regional responsibilities and will assume responsibility for the design, merchandising and marketing functions.

  • Walmart gets real

    As part of its efforts to strengthen its digital footprint, Walmart has launched its first-ever original reality series developed specifically for the Web. 

    The new weekly Web series highlights 20 finalists in the Walmart Get on the Shelf contest, which encourages entrepreneurs to present products to Walmart customers.

  • Toys ‘R’ Us holiday hiring flat with last year

    Wayne, N.J. – Toys “R” Us, Inc. plans to hire 45,000 employees to staff its stores and distribution centers nationwide for the upcoming holiday season. This number is basically flat from last year’s holiday staffing totals.

  • Weis Markets CEO resigns; vice chairman named interim chief executive

    Sunbury, Pa. -- Weis Markets announced that company president and CEO David J. Hepfinger has left the company to pursue other interests. Company vice chairman Jonathan H. Weis replaces him as interim CEO. Robert F. Weis remains as company chairman.

    Hepfinger has also resigned from the company's board of directors. As part of the reorganization, Kurt Schertle, executive VP, sales and merchandising will report directly to Weis who will also oversee the company's real estate/store development, finance and human resources' teams.

  • Kohl’s honored by EPA with Sustained Excellence in Green Power Award

    Menomonee Falls, Wis. -- Kohl’s Department Stores announced its goal to achieve net zero emissions each year through 2015. The company also announced that it has been recognized with a 2013 Sustained Excellence in Green Power Award from the U.S. Environmental Protection Agency (EPA). (The annual Green Power Leadership Awards recognize the country’s leading green power users for their commitment and contribution to helping advance the development of the nation’s voluntary green power market.)

  • Deloitte: U.S. holiday sales to rise 4% to 4.5%

    New York -- Holiday sales are expected to climb to between $963 and $967 billion, representing a 4% to 4.5% increase in November through January holiday sales (excluding motor vehicles and gasoline) this year from last year’s season, according to the new Deloitte holiday sales forecast. The growth rate is on par with last year's 4.5% gain.

    In addition, Deloitte forecasts a 12.5 to 13% increase in non-store sales. Nearly three-quarters of non-store sales result from the online channel with additional sales coming from catalogs and interactive TV.

  • Piracy, discoverability challenge app developers

    San Francisco -- Piracy and discoverability are the top issues facing app developers today, with 26% of app developers reporting their apps have been pirated. A survey of more than 250 app developers App Developers Conference (ADC) also shows that a similar 26% found that their apps had been hacked, or obtained without proper payment.

  • Wal-Mart ups holiday hiring 10%, with plans to hire 55,000 temporary workers

    Bentonville, Ark. -- Wal-Mart Stores, Inc. plans to hire 55,000 seasonal associates for the 2013 holiday season, up from 50,000 last year. In addition, the retailer intends to transition more than 35,000 associates from temporary to part-time and another 35,000 associates from part-time to full-time.

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