Mass Merchant

Office Depot, along with Walmart, Target and CVS Health, have been named as top companies for women, according to the Women's Business Enterprise National Council (WBENC).

New York -- Office Depot, Walmart, Target, Macy’s and CVS Health are among the top companies for women’s business endeavors, according to the Women's Business Enterprise National Council (WBENC). The list is designed to recognize organizations that integrate policies and programs across the corporation to enable growth and reduce barriers for women-owned businesses; increasing opportunity in new markets – both domestically, and international; fueling innovation; and empowering communities through economic growth and job creation.

Minneapolis – Target Corp. has entered into a settlement agreement with MasterCard International Inc.to resolve losses from the data breach that Target experienced during the fourth quarter of 2013. Under the agreement, alternative recovery offers will be made by MasterCard to eligible MasterCard issuers worldwide that claimed to have been affected by the data breach. 
 

Sidney, Neb. - Cabela’s Inc. has appointed James F. Wright to its board of directors. Wright served as executive chairman of Tractor Supply Co. a farm and ranch supply retailer, from January 2013 through December 2013.  

Former Walmart President and CEO Mike Duke talks with First Lady Michelle Obama at the quarterly meeting of member CEOs of the Business Roundtable on March 13, 2013. Photo credit: Walmart.

Washington, D.C. – Mike Duke, former president and CEO of Wal-Mart Stores, has joined global alternative asset manager The Carlyle Group. Mike Duke as an operating executive in the Global Consumer & Retail group. He began his duties in mid-April.

New York - Saks Fifth Avenue has named Tracy Margolies as chief merchant, effective May 11, 2015. Margolies will drive the strategic direction and performance of all buying activities for Saks, and will report to Marc Metrick, president of Saks Fifth Avenue.

Margolies rejoins Saks Fifth Avenue after serving as senior VP and general merchandise manager, beauty, contemporary 5F, footwear and handbags at Bergdorf Goodman. Previously, Margolies spent seven years at Saks as VP, division merchandise manager, women's footwear.

New York - Target Corp. on Thursday opened a pop-up shop at Bryant Park in mid-t0wn Manhattan selling what many experts say will be one of its most popular designer collaborations to date:  A 250-piece Lilly Pulitzer for Target collection. According to reports, 500 to 600 people were waiting in line at 8 a.m. when the temporary store opened.

Former Walmart CEO and current board member Mike Duke is the newest operating executive at the Carlyle Group, which suggests the pace of deal-making activity in the retail and consumer packaged goods world could be about to heat up.