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Retail

  • Former Target exec among those to watch in 2013

    Michael Francis is among 10 top executives Advertising Age has singled out on a list of movers and shakers for 2013.

  • Former KPMG IT director new SVP, tech at Overstock.com

    SALT LAKE CITY — Former KPMG technology consultant Bhargav Shah is Overstock.com’s new SVP of technology. Shah replaces Sam Peterson, who will remain with the company for a transition period.

    Shah will spearhead development as well as the implementation of information technology initiatives within the organization. He will also influence business strategy through innovative use of technology.

  • Nordstrom Rack reaches Maine

    SEATTLE — Nordstrom plans to open another new Rack store this spring in Maine as the number of off price locations now exceeds the company’s full price stores.

    The approximately 30,000-sq.-ft. store at Maine Crossing Shopping Center will be its first location in the state, and is scheduled to open this spring.

  • Former Best Buy exec new president of ESL Investments

    NEW YORK — ESL Investments has appointed G. Mike Mikan as its new president. Mikan will report to Edward S. Lampert, founder, chairman and CEO of ESL Investments.

    Mikan held various executive positions throughout a 14-year period at UnitedHealth Group, including serving as EVP and CFO, as well as CEO of its Optum subsidiary. Mikan has served on the board of directors of Best Buy Co. since 2008. He was appointed Best Buy’s interim chief executive in April 2012, and served until September 2012.

  • Why Content Marketing Matters

    Dive in to find out why original content should be the driving force of your digital marketing strategy, now more than ever.
    Why Content Matters
  • Staples begins New Year with Better Binder intro

    FRAMINGHAM, Mass. — It’s not the latest iPhone or the newest Tablet, but Staples is touting a breakthrough in binder design for the New Year.

    The Staples Better Binder boasts removable FileRings which the company contends make it the first such product to offer a feature that allows users to detach the rings from the shell for easy filing.

  • Supply chain cliff averted, for now

    The retail industry has temporarily avoided a shut down of 14 ports along the East and Gulf coasts following a 30 day extension of contract negotiations with organized labor.

    The extension solves nothing, but it does give port operators and representatives of the U.S. Maritime Alliance and International Longshoremen’s Association time to iron out a new collective bargaining agreement that was set to expire on December 29. Retail industry trade groups welcomed news of the extension, while pushing for a longer term solution.

  • Online retailers getting satisfaction

    Amazon.com, LLBean.com and QVC.com were the top three retailers on ForeSee’s Annual Holiday E-Retail Satisfaction survey.

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