News

Seattle -- Starbucks Corp. said that Troy Alstead, CFO and chief administrative officer, has been promoted to CFO and group president, Global Business Services.

Alstead’s promotion is a recognition of the increasing responsibility and complexity of his role overseeing Starbucks global financial, technology and supply chain operations and ensuring that the company’s overall business infrastructure is optimized to support the company’s global growth.

ST. PETERSBURG, Fla. — Interactive multichannel retailer HSN has appointed Matthew Rubel to the company's board of directors. Rubel's appointment brings the number of HSNi board members to 10.

Starbucks has promoted CFO and chief administrative officer Troy Alstead to CFO and group president of the company's global business services. 

Alstead’s promotion is a result of his increasing responsibilities as well as an acknowledgment of the complexity of his role overseeing Starbucks global financial, technology and supply chain operations and ensuring that the company’s overall business infrastructure is optimized to support the company’s global growth.

Ottawa, Ontario -- The Canadian government is reportedly seeking to boost penalties for retailers caught using “zapper” software that can delete or modify transactional data in electronic POS systems to illegally hide sales.

Green Mountain Coffee Roasters plans to open its first Keurig Store this November in the Burlington Mall in Burlington, Mass.

Keurig Store shoppers will be able to test Keurig brewers and beverages from Keurig K-Cup, Keurig Vue and Keurig Rivo systems. In addition to providing the full line of Keurig brewers, the Keurig Store will offer on-site demonstrations, special promotions, new product offerings and unique Keurig accessories.

By Anna Convey, OpenSpan

ShopperTrak, a leading provider of shopper analytics, anticipates a 2.4% rise in retail sales this holiday season, during November and December specifically, and expects total retail traffic to decrease 1.4% compared to the prior-year period. 

Additionally, the company pointed out, retailers will have less time to capture peak holiday spending. There are only 25 days between Black Friday (Nov. 29) and Christmas this year, compared to 31 days in 2012. Unlike last year, consumers will have only four full weekends to shop, rather than the five they had last year.

Dallas -- PeopleAnswers and New York & Company announced a software licensing agreement for the specialty apparel chain with more than 500 stores nationwide to use the PeopleAnswers HR-focused business solution to recommend employee candidates who can guide their customers to make smart fashion purchase decisions.