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Retail

  • Kroger promotes perishables VP to head of Central division

    CINCINNATI — Kroger has promoted Jeff Burt, formerly group VP perishables, merchandising and procurement, to president of the company's Central division. Kroger's Central Division operates 136 food stores primarily in Indiana and Illinois.

    Mr. Burt, 50, has been group vice president of perishables merchandising and procurement since 2010. He succeeds Bob Moeder, who recently announced his plans to retire this spring.

  • Starbucks makes New Delhi debut

    New York -- Tata Starbucks Limited, the 50/50 joint venture between Starbucks Coffee Company and India’s Tata Global Beverages Limited, opened Starbucks’ first location in New Delhi. The store is designed to celebrate the heritage and history of the city.

  • 2013: The year retail rebounds?

    By Gary Glick, partner, Cox, Castle & Nicholson LLP

  • REI CEO nominated for new role in Washington

    SEATTLE — Sally Jewell, CEO of REI, has been nominated as Secretary of the Interior. 

    Sally has led REI as CEO since 2005 and during that time has provided steady leadership for the co-op and its thoughtful growth. During her tenure REI has increased sales from $1 billion to nearly $2 billion, added 71 stores, and greatly expanded its online business. Under Sally's leadership, the company has been named annually to Fortune Magazine's list of the Best Companies to Work For.

  • Walmart and Mother Nature Network in Twitter promotion

    Bentonville, Ark. — Walmart and Mother Nature Network are inviting people to use Twitter to express their green ideas for the chance to win a $100 Walmart gift card.

  • Kmart, Essence help empower African Americans

    HOFFMAN ESTATES, Ill. — Kmart has partnered with Essence Magazine's finance expert, Tanisha Sykes, for the sixth-annual Share the Word campaign to provide financial empowerment to African-Americans.

    "Financial empowerment is extremely important within the African-American community," Sykes said. "This year's Share the Word campaign will provide the tools, information and resources to help pave the road to financial success."

  • Asia-Pacific to overtake North America as e-commerce leader

    Business-to-consumer e-commerce sales in 2012 grew 21.1% to top $1 trillion for the first time, according to new global estimates by research firm, eMarketer. 

    The firm predicts that 2013 will be even better, with e-commerce sales up 18.3% to $1.298 trillion worldwide, on the strength of the Asia-Pacific market. 

  • NCR completes acquisition of Retalix

    Duluth, Ga. -- NCR announced it has completed its acquisition of Retalix Ltd., a leading global provider of retail software and services.

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