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Sales & Marketing

  • Ex-CIO Dillman to receive recognition

    Former Walmart chief information officer Linda Dillman is among a group of 10 executives who will be recognized for outstanding achievement in driving diversity and inclusion in the consumer product and retail industry when the Network of Executive Women gathers next month in Orlando for its annual meeting.

  • Fresh & Easy powers up REC solar panels at 11 stores

    Phoenix -- Fresh & Easy Neighborhood Market said Thursday it has turned on 11 rooftop solar installations in Phoenix and Los Angeles. The panels, installed by REC Solar, will provide 536 kW of power and supply 20% of each store’s energy needs.

  • Fred's customers challenged in Q2

    MEMPHIS, Tenn. — Southeastern discount banner Fred's on Thursday morning reported that the consumer continues to be challenged by economic pressures. "In key markets we continue to see swings in sales [tied to] the payroll cycle," Bruce Efird, Fred's president and CEO, told analysts during a conference call this morning. Efird also reported an increase in government assistance utilization.

  • The future of food

    Picture this setting. The neatly manicured grounds of the spectacular Broadmoor resort are underfoot, the Rocky Mountains are in the background, and the sky above Colorado Springs is a crisp blue. Hundreds of dark-suited senior executives are milling about an early evening reception, sipping wine as white-gloved waiters offer curious looking hors d'oeuvres.

  • Collective Brands to close 475 underperforming stores as it considers selling itself

    Topeka, Kan. -- Collective Brands, parent company of Payless and Stride Rite shoe chains, announced Wednesday that it would close 475 underperforming stores over the next three years and has hired a firm to help it explore its options.

    The company hired Perella Weinberg Partners and Kurt Salmon as advisors to explore strategic alternatives.

  • Express Q2 profit falls 43%, but beats Street

    Columbus, Ohio -- Express reported Wednesday that profit for the second quarter fell 43% to $12.6 million, compared with $22.1 million in the year-ago period. Results still topped Wall Street expectations, and the company has upped it s forecast for the third quarter and full year.

    Revenue rose nearly 10% to $446 million from $407.3 million, beating analysts' average forecast for $439.6 million in revenue. Same-store sales rose 6%.

  • Massmart to increase store count by 8.6%

    Johannesburg -- Massmart Holdings Ltd., the South African retailer controlled by Wal-Mart Stores, announced Thursday it will up its store counts in fiscal 2012 by 8.6% to 340 stores. The company will open 27 new stores during the period, mostly in South Africa and two in Nigeria.CEO Grant Pattison said the accelerated pace is to keep the company in front of its competitors.

    Also on Thursday, Massmart reported an 11.6% rise in total sales for the year ended June 26 to $7.29 billion, and upped its forecast for the remainder of 2011.

  • Special tribute planned for 9/11 10th anniversary

    Seeing as how the 10th anniversary of the Sept. 11 terrorist attacks falls on the final day of the Walmart NW Arkansas Championship presented by P&G, tournament officials faced the delicate challenge of developing a respectful way to observe the event.

    What they came up with was the following: 

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