News

New York -- Best Buy Co. named Ron Wilson as president and COO of its Canadian operations, effective immediately. Wilson will lead the business in Canada under the Future Shop and Best Buy online brands.

As SVP merchandising and e-commerce since 2008 for Best Buy Canada, Wilson led the strategic visions of Bestbuy.ca and Futureshop.ca. Wilson previously managed several other units within Best Buy Canada, including merchandising, operations and marketing.
 

New York -- Despite rumors to the contrary, Publix is not interested in acquiring Harris Teeter, according to The Ledger.

Publix is in the midst of its first expansion into North Carolina, with plans to open two stores in the Charlotte area in 2014.

Officials with Harris Teeter recently confirmed that the 208-store chain will consider offers from potential buyers.

Denton, Texas -- Sally Beauty Holdings announced that its board has approved a new share repurchase program authorizing the company to repurchase up to $700 million of its common stock. The announcement is the first repurchase authorized by the company in 2013, but the third in the last 12 months.

Dallas -- Alliance Data Systems Corp., a leading provider of loyalty and marketing solutions derived from transaction-rich data, announced its Retail Services business has signed a long-term agreement to continue providing the co-brand credit card program for multichannel retailer Gander Mountain.

Some are familiar; others not so. Fast Company’s annual list of “The World’s Top 10 Most Innovative Companies in Retail” covers a lot of ground in its diversity. Here’s a recap:

1. Nike: Cited for its revolutionary new products and culture of “true believers.”

By Mike Poldino, Motorola Solutions

Unless you have recently upgraded your point-of-sale (POS) systems, chances are the bioptic POS in your grocery store today can only scan 1D bar codes printed on the paper labels placed on items or on paper coupons. While that met the needs of yesterday’s POS, times have changed. And in order to provide your customer with the best possible experience at the POS, your POS needs to change too.

Beyond 1D — the new types of bar codes appearing in your POS lanes

New York -- Vornado Realty Trust is selling 10 million shares of J.C. Penney Co. in an unregistered secondary transaction, according to reports by CNBC and other media outlets.

Deutsche Bank is shopping around the sale of the Vornado shares, according to the report.

Vornado is Penney’s third-largest shareholder controlling some 8.5% of the company. Vornado chairman Steven Roth sits on the company's board.

King Of Prussia, Pa. -- GSI Commerce, an eBay Inc. company, said it has extended its contract with PetSmart to support the retailer’s omnichannel strategy with webstore, fulfillment and customer service solutions. GSI has worked with PetSmart since 2007, and this contract will extend the relationship for three years.
   

Walmart Foundation president Sylvia Mathews Burwell will be named director of President Barack Obama’s Office of Management and Budget during a ceremony at the White House scheduled for Monday morning.

Obama announced his intent to appointment Burwell several months ago, but the nomination on Monday makes it official and paves the way for Senate confirmation hearings to begin.

Wal-Mart Stores, Inc., president and CEO Mike Duke said Burwell would do a tremendous job serving the county if she is confirmed by the Senate.

CHICAGO — KitchenAid has announced plans to introduce the first line of non-licensed cookware, bakeware and kettles in its nearly 100-year history. KitchenAid had previously offered these products through a licensing arrangement.

"These newest KitchenAid products look, feel and perform like those that built our reputation as a brand," said Michael Huie, global business unit director for KitchenAid.