Sales & Marketing

Home Depot’s CEO Craig Menear will take over as chairman of the board when Frank Blake retires Feb. 2.

Menear, formerly head of Home Depot’s retail operations, was named Blake’s successor as CEO in August, and the company said at the time that Blake would remain as chairman. Menear took over the CEO role at the beginning of November.

New York -- Apparel manufacturer and retailer Kellwood has named Joseph Lombardi, the former CFO of Barnes & Noble, as CEO.

Lombardi joined Kellwood as CFO in 2013, and has three decades of retail experience across a variety of sectors, including apparel.

Leading apparel manufacturer Kellwood has named ex-Barnes & Noble chief financial officer Joseph Lombardi as CEO.

Lombardi joined Kellwood as CFO in 2013, and has three decades of retail experience across a variety of sectors, including apparel.

In reviewing Target’s troubled expansion into Canada, Kantar Retail breaks down the misfires into a finance-operations model:

BRAND

Charlotte, N.C. – The store is still the center of profit, and Belk Inc. is focusing on increased control, efficiency and visibility of workforce activities to maximize that profit. Belk has implemented Reflexis Workforce Manager, Reflexis Time & Attendance, Reflexis Task Manager, and Reflexis Advanced Analytics & Reporting to streamline corporate-to-store communication, track completion status of important tasks and projects, increase labor efficiency, reduce costs, and comply with complex labor laws.

Inventory visibility is a prerequisite for retailers executing omnichannel strategies, which is why RFID is enjoying a resurgence and something called the Tagged Item Performance Protocol holds great promise.

Inventory visibility has always been important in retail, but never more so than today when retailers of all types are looking to execute omnichannel strategies that involve ship from store and return to store capabilities. Omnichannel creates all sorts of new supply chain challenges that make it more difficult to keep tabs on inventory.

Atlanta – The Home Depot Inc. has named CEO and president Craig Menear as chairman, effective Feb. 2. He will succeed Frank Blake, who will retire as chairman.
 

As media companies increasingly look for ways to boost profitability, the New York Times is leveraging its brand recognition by launching an overhaul of the New York Times Store.

The store is the online destination for shoppers seeking New York Times branded merchandise. But the new store will also sell personalized products that are curated for and recommended to each individual shopper, in addition to bestsellers like classic photography, newspaper reprints, sports memorabilia and books, as well as a wide selection of autographed and historical items.