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Retail

  • Wal-Mart ordered to provide investors bribery files

    Bentonville, Ark. – Wal-Mart Stores Inc. has lost its bid to keep files regarding an internal probe of possible bribes paid to Mexican officials to aid real estate deals out of the hands of investors. The Delaware Supreme Court has upheld a 2013 ruling by a lower Delaware state court mandating that Wal-Mart provide the files to several investors.

  • Walgreens president of pharmacy to retire

    Deerfield, Ill. -- Walgreens announced that  Kermit Crawford, president of  pharmacy, health and wellness, will retire, effective Dec. 31, after 31 years with the company. Crawford plans to join the University of Southern California’s School of Pharmacy, where will serve as executive in residence and senior adviser to the Dean. He also will serve as a senior counselor to Walgreens president and CEO Greg Wasson.



  • Amazon sales surge, so does net loss

    Second quarter sales at Amazon increased 23% to $19.3 billion thanks to growth of new and existing products, but the company reported an even bigger loss than it did the prior year.

  • Workers at Macy’s store in Massachusetts can unionize

    New York – The National Labor Relations Board has issued a ruling that workers in the cosmetics and fragrances department in a Macy’s store located in Saugus, Massachusetts, have the right to attempt to unionize. According to the Wall Street Journal, the 3-1 ruling sided with the United Food and Commercial Workers union and said the 41 Macy’s employees form a community of interest.

  • Timberland taps new brand president

    Timberland has elevated Stewart Whitney to brand president, effective Oct. 5. Whitney, who has led Timberland’s growth in the Asia Pacific region since 2008, will report to Patrik Frisk, who has held the position since the brand’s 2011 acquisition by VF Corporation and was promoted to coalition president, Outdoor Americas for VF, in April.

  • Survey: Stores leading back-to-school purchase destination

    San Jose, Calif. - On average, consumers say 64% of their back-to-school shopping will take place in-store, the rest online via computer or mobile device. A new survey of 1,001 U.S. parents with school-age children from customer experience solutions provider Baynote and The E-tailing Group also shows that 40% of consumers say that paper catalogs influence their in-store purchases, more than any other channel.

  • On The Border names IHOP franchise vet as president

    Dallas - On The Border Mexican Grill & Cantina, has appointed Ward Whitworth as president of On The Border. The move follows the resignation of On The Border CEO Steve Clark, who has committed to stay on for a period of time in order to ensure a smooth transition to new leadership.

  • Saks, Party City adopt Scandit barcode scanning solution

    New York – Saks Fifth Avenue and Party City are both utilizing the Scandit software-based barcode scanning and data capture platform for smartphones, tablets and wearable computing devices. Using Scandit’s Barcode Scanner SDK, the retailers are able to offer a variety of consumer- and employee-facing applications, including mobile shopping, clienteling, mobile point-of-sale, asset tracking and product information gathering.  

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