News

Retired KPMG International chairman Timothy Flynn was named to the Walmart board of directors on Monday amid ongoing investigations into whether the company violated the Foreign Corrupt Practices Act.

Safeway has opened the first LEED for Retail certified store in the state of Montana, in the town of Bozeman. The $12 million, 58,000-sq.-ft. store is one of approximately just 200 LEED certified grocery stores in the United States.

Newport Beach, Calif. -- JustEnough Software, a provider of demand management solutions for retailers, distributors and brand owners worldwide, announced that Five Below has selected its merchandise financial planning solution.

LONDON — Unilever has put its North America frozen meals business on the sales block.

MINNEAPOLIS — Supervalu on Monday named Wayne Sales, a Canadian hall-of-fame-caliber retailer, as the company's president and CEO, replacing Craig Herkert.

“In my new role, I will work closely with our leadership team to improve our sales and earnings trajectory and generate long-term shareholder value, focusing relentlessly on identifying factors that will drive meaningful improvements in our strategy execution and overall performance,” Sales stated.

Newell Rubbermaid’s net sales declined 1.9% to $1.52 billion in the second quarter ended June 30. Net income declined 23.8% to $111.8 million. But those declines didn’t prevent CEO Michael Polk from looking at the bright side and pointing to momentum.

Core sales, which exclude the impact of changes in foreign currency translation, grew by 0.4%. And net sales for the first six months were $2.85 billion, up 1.0 % from the first-half results last year.

Burlington, Mass. -- OrderMotion, a web-based platform for direct-to-consumer (D2C) campaign and order management, announced that Midwest consumer goods retailer Alco Stores selected OrderMotion's OMX platform as the back-office technology best suited to grow with its online volume demands while also leveraging its Magento eCommerce front-end system.  

HOUSTON — Retail financial services provider Cardtronics announced that its Harris Teeter- located ATMs will be branded by PNC Bank. The ATMs will be surcharge-free fro PNC Bank customers. Harris Teeter operates a regional chain of supermarkets, with its base of operations in North Carolina. Cardtronics, Inc. (NASDAQ:CATM) is the world's largest retail ATM owner.