News

NEW YORK — Barnes & Noble CEO and director William Lynch has resigned, effective immediately, and the company has restructured its leadership team as a result. 

New York -- Supply Chain Optimization, a special online report by Chain Store Age, looks at how changing demand, multiple channels and increased consumer expectations are redefining the retail landscape and putting increased emphasis on supply chain infrastructures.

Learn how to gain a competitive advantage by having a more efficient, flexible and, responsive supply chain.

Download the report.

DENVER — Junction Solutions, a leading provider of hosted and cloud-based software and services for the multichannel retail and food and beverage sectors, has appointed John Bonati as SVP of sales. 

Bonati will manage the global sales activities for the company’s industry-specific software and service solutions. 

CITY OF COMMERCE, Calif. — Extreme value retailer 99 Cents Only Stores is getting ready to help one of its customers celebrate her 99th birthday as only it can. 

At 7 a.m. Friday, July 19, Mildred "Millie" Fox of Murrieta, Calif., is going to receive a 99-second shopping spree experience and free birthday cake at her local store. It will be 99 Cents Only Stores’ very first 99th birthday celebration.

New York -- Jones Group Inc. has tapped Citigroup Inc. to explore a possible sale, according to Reuters.
 
In April, Jones Group said that it would close 170 stores and cut 8% of its workforce after first-quarter profit was less than analysts’ estimates. The news comes just months after activist hedge fund

The company, whose brands include Stuart Weitzman, Jones New York, Easy Spirit, and Nine West, had a market value of about $1.2 billion as of July 5.

BREA, Calif. — Health and natural products wholesale distributor Nature's Best has hired Amy Kirtland as the company’s VP of sales. Kirtland will be responsible for leading the company's sales team and executing the company's strategic growth plans.

Department store executive and Target co-founder Douglas Dayton died Saturday of cancer at 88.

Dayton was the inspiration for the first Target stores and oversaw the development and early growth of the concept of an upscale discount store. Dayton served as Target's first president in 1961 and a year later he opened the first Target stores in the Twin Cities communities of Roseville, Crystal, St. Louis Park and Knollwood.

By Nathan Needel, PRD International

For years, surveillance systems have recorded thefts and other incidences, including those at POS location, for future investigation. Now, video can be used to stop incidences as they happen. To do this, users need to quit thinking of surveillance systems as simply repositories of what’s been seen and recorded and, instead, think of cameras as sensors in a system. Why should you have to search through recordings to locate the incident when, if fact, they can stop it as it happens?