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Retail

  • Wal-Mart issues ‘zero tolerance’ policy for global suppliers

    Bentonville, Ark. -- Wal-Mart Stores is tightening the reins on its global suppliers. Effective March 1, the retailer is implementing a "zero tolerance" policy for any supplier who subcontracts work to factories without the company’s knowledge, the Associated Press reported. Previously, Wal-Mart gave suppliers three chances to correct mistakes.

    As part of the new rules, Wal-Mart will require all factories in Bangladesh to undergo an electrical and building safety assessment from an independent agency.

  • Lowe's meets demand with seasonal hires

    MOORESVILLE, N.C. — Lowe’s is gearing up for increased demand this spring, by hiring approximately 45,000 seasonal employees at its stores in the United States. The company will also add 9,000 permanent part-time employees.

    Seasonal jobs available are focused on customer support and include cashiers, lawn and garden specialists, loaders, and stockers. The number of hours worked per week will vary based on the needs of individual stores, but, on average, seasonal employees could work an estimated 20 to 25 hours per week.

  • Tuesday Morning names COO

    Dallas -- Tuesday Morning Corp. announced the appointment of John C. Rossler as executive VP, COO, effective immediately.

    Rossler has been serving as an executive advisor to Tuesday Morning since October, 2012, and his focus has been primarily on operational efficiencies, including overall cost control, supply chain and real estate.

  • Kohl's donates $2M to educational center

    MENOMONEE FALLS, Wis. — Kohl’s Corp. announced a $2 million donation to Discovery World in Milwaukee, over three years to continue support for Kohl’s Design It!, an educational program allowing kids to use advanced technology to turn design into reality. The donation comes from the Kohl’s Cares cause merchandise program which sells special merchandise, including plush toys and books, and donates 100% of the net profit to benefit children’s health and education initiatives nationwide.

  • Westfield San Francisco Centre partners for Chinese New Year celebration

    San Francisco -- Westfield San Francisco Centre is partnering with the Asian Art Museum, Bloomingdale’s and M.Y. China to celebrate the Chinese New Year with music and dance performances, storytelling, live cooking demonstrations, zodiac readings and more – all launching in January.

  • CPG industry expects highest growth in club channel

    NEW YORK — Expect to see more consumer package goods on warehouse club shelves, as a new survey reveals this to be a high growth area for CPG companies.

    According to new research from Deloitte, consumer products executives expect their highest growth to come from the warehouse club channel compared with any other retail sales channel over the next three years, including mass merchandise, grocery, and e-commerce.

  • BJ’s taps LogicSource for print procurement and management

    Norwalk, Conn. -- BJ’s Wholesale Club has reached a multi-year agreement with LogicSource Inc. to provide enhanced print procurement and management services that will deliver significant cost savings to BJ’s. Terms were not disclosed.

    LogicSource will provide onsite co-sourcing for all of BJ’s print procurement needs by collaborating with BJ’s to identify new potential supply chain partners and procurement efficiencies.

  • CFO change ahead at Hot Topic

    CITY OF INDUSTRY, Calif. — Jim McGinty, CFO of teen retailer, Hot Topic, has resigned from the company, effective March 29, the company announced Monday. George Wehlitz, VP, Finance, will serve as the interim CFO.

    “We are grateful for Jim’s committed service to the company over the past 12 years and wish him well in the next phase of his career,” said Lisa Harper, chairman and CEO of Hot Topic.

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