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Mass Merchant

  • Unwrapping Holiday Hiring

    For retailers, a diligent and detailed vetting of applicants — including employment verifications, thorough interviews and comprehensive background checks — should be a standard part of any responsible hiring and candidate review process. At the best of times, this process can be a complex and time-consuming endeavor. When retailers are looking to hire temporary or part-time seasonal help, especially for the holidays, the degree of difficulty goes up significantly.

  • Sam’s Club elevates focus on food with merchant moves

    Veteran Safeway merchant Toby Noiles has joined Sam’s Club in a senior role as the warehouse club operator creates a new organizational structure for its food and beverage business.

    Noiles was named senior VP and general merchandise manager of grocery and beverage and joins Sam’s Club from the online grocery delivery company Fresh Direct where she served as chief merchandising officer. Noiles was with Fresh Direct only seven months but prior to that she spent 29 years with Safeway and held a wide range of merchandising roles.

  • Find out which stores Target is closing next year

    Target is taking steps to right-size its portfolio by closing 13 money-losing stores on Jan. 30, according to a report from the Minneapolis St. Paul Business Journal. The decision to close a Target store is not made lightly,” spokesperson Kristy Welker told the publication. “We typically decide to close a store after careful consideration of the long-term financial performance of a particular location.

  • Famed outdoors retailer names new CEO

    L.L. Bean has gone outside the company for the first time ever to pick a chief executive. The outdoors retailer named the chief merchandising and marketing officer of a Walmart-owned Chinese e-commerce business as president and CEO, effective Feburary 2016. [ABC News]

  • Walmart exec assumes COO spot at Brookdale

    The top executive over Health and Wellness of Walmart's U.S. division is leaving to join Brookdale Senior Living as its COO.

    Labeed Diab will have responsibility for all aspects of Brookdale’s operations, including community and field operations, marketing and sales.

  • Walmart's executive assumes COO spot at Brookdale

    The top executive over Health and Wellness of Walmart's U.S. division is leaving to join Brookdale Senior Living as its COO.

    Labeed Diab will have responsibility for all aspects of Brookdale’s operations, including community and field operations, marketing and sales. 

  • PwC: Retail mergers & acquisition activity hits $1 billion

    Mega deals worth more than $1 billion drove the U.S. retail and consumer sector’s strong third quarter, according to PwC’s U.S. quarterly R&C Deals Insights report.

    During the three-month period ending Sept. 30, 36 deals valued over $50 million were announced for the sector, with deal value up 64% in the third quarter, accounting for $46.6 billion, compared to $28.4 billion in the second quarter. Deal volume went up 6% from the second quarter, but down 36% from third quarter 2014.

  • Target, Neiman Marcus and Jet.com among Shoptalk headliners

    More than 100 senior retail executives are already confirmed as speakers for a first-of-its-kind event called Shoptalk that will be held next May with a focus on next generation commerce.

    Organizers of the event have confirmed speaker participants including Jason Goldberger, president of Target.com and mobile; Casey Carl, Target chief strategy and innovation officer; Joe Megibow, chief digital officer at American Eagle Outfitters; John Koryl, president of Neiman Marcus stores and online and Andrea Wasserman, senior VP and head of direct-to-consumer at Nine West Group.

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