Supply Chain & Merchandising

Newell Rubbermaid has signed a definitive agreement to acquire Ignite Holdings from North Castle Partners, a leading private equity firm focused on consumer businesses that promote healthy, active and sustainable living.

Washington, D.C. - The Association for Retail Technology Standards (ARTS), the standards and technology division of the National Retail Federation (NRF), has released the Compliance Audit Interchange. The CAI is a specification that allows organizations to share compliance audit results securely with other companies who source from the same supplier location.

Fort Worth, Texas -- Trademark Property Co. announced it has been engaged to manage and lease Uptown Village at Cedar Hill, a 610,000-sq.-ft. mixed-use open-air center in Cedar Hill, Texas.

Strategically located in the midst of a dynamic retail hub less than 20 minutes south of downtown Dallas, Uptown Village includes 350,000 sq. ft. of specialty stores and restaurants and 35,000 sq. ft. of office space.

Norwalk, Conn. -- GE Capital announced it is providing Brookstone, the product development company and specialty retailer, with a $115 million senior credit facility. The financing will be used to support the company’s recent acquisition by Sailing Innovation (Sailing) and general working capital needs.

Imagine a lifelong Procter & Gamble employee suddenly named CEO of Walmart and that is essentially what happened at leading global retail Tesco where the company has named long time Unilever executive Dave Lewis as its next CEO.

Tewksbury, Mass. – Although no promise has been made to rehire ousted CEO Arthur T. Demoulas, a rally at the corporate headquarters of Demoulas Super Markets Inc. is replacing a previously planned employee walkout. Employees of Demoulas’ Market Basket chain had threatened to stage a walkout on July 18 in protest of Demoulas’ removal as CEO in June.

New York -- Spanish apparel giant Inditex, plans to have radio frequency identification technology in place in its nearly 2,000 Zara stores around the globe by 2016. The technology has already been installed at all of Zara's distribution centers and at more than 700 Zara stores.

PPG Industries, a leading coatings and specialty materials company, has elevated EVP Michael H. McGarry to chief operating officer, effective Aug. 1. He will remain based at PPG’s global headquarters in Pittsburgh and continue to report to chairman and CEO Charles E. Bunch.

McGarry will have executive oversight responsibility for all of PPG’s strategic business units and operating regions and for the information technology (IT), environment, health and safety (EH&S) and purchasing functions.