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OPERATIONS / SUPPLY CHAIN

  • Macy’s Lundgren honored with a ‘Father of the Year’ award

    New York -- The National Father’s Day Council, a nonprofit that recognizes modern day role model fathers, has named Terry Lundgren, chairman, president and CEO of Macy’s Inc., as a recipient of its 2013 “Father of the Year” Award.

    Lundgren joins President Bill Clinton, founder of the William J. Clinton Foundation and 42nd President of the United States, as a fellow honoree. The awards will be presented at the 72nd Annual Father of the Year Awards in New York City on June 11.

  • Gigante and Petco in deal to open stores in Mexico and Latin America

    New York -- Mexican supermarket and restaurant operator Gigante has entered into a joint venture with Petco Animal Supplies to open at least 50 stores in Mexico and other Latin American countries over seven years, Reuters reported.

    The first two Petco stores will open this year in Mexico City and Guadalajara, Gigante said in a release to the stock exchange.

    The financial terms of the agreement were not disclosed.

     

  • Target announces brand and collection line-up for Canadian stores

    Mississauga, Ontario -- Target officially unveiled its partners, owned brands and limited-time only collections that will be featured in its Canadian stores, which will  start opening in March/April 2013.

    In addition to Target's ongoing partnerships, the Canadian stores will include an exclusive, limited-time only collaboration with Roots. The new Roots Outfitters collection for Target will offer fashion for women, men, boys, girls and toddlers, and will be available from March to June 2013.

  • Home Depot Center to potentially be renamed

    Carson, Calif. -- A Friday report by the Associated Press said that the home of Los Angeles’ professional soccer team will likely be getting a new name.

    The Home Depot Center, which also includes facilities for tennis, track and field, baseball, basketball and other sports, as well as serves as an official training site for U.S. Olympians, is nearing the end of the $70 million, 10-year naming rights period, and Home Depot spokeswoman Jean Niemi told AP that the retailer does not plan to renew the deal.

  • Management shakeup at 99 Cents Only Stores; CEO out

    City of Commerce, Calif. -- The founding family of the 99 Cents Only Stores chain has been fired by its owners, with retail veteran Richard Anicetti and Michael Fung taking over top executive roles.

    The retailer said that Eric Schiffer (CEO), Jeff Gold (president) and Howard Gold (EVP) are “no longer employed by the company” and that Richard Anicetti has been named interim CEO. Schiffer is the son-in-law of founder David Gold while Jeff and Howard are his sons.

  • Report: India’s Cabinet gives OK to probe Wal-Mart lobbying

    New Delhi -- An Indian official said Thursday that India’s Cabinet will investigate allegations that Wal-Mart Stores Inc. broke rules as it lobbied to make its retail market debut in the country.

    According to Manish Tewari, information and broadcasting minister for India, the cabinet has authorized a retired judge to look into Wal-Mart’s lobbying disclosures and investigate whether any of the retailer’s activities broke Indian law.
         

  • Lowe’s makes management shifts

    Mooresville, N.C. -- Lowe’s Cos. Inc. said Thursday it has named Michael Jones chief merchandising officer, effective immediately. Jones was previously president of the North American and Latin American divisions of Husqvarna, an outdoor equipment manufacturer.

    The retailer also announced that Stephen J. Szilagyi has been promoted to supply chain executive, from his current position as SVP distribution.

  • Ann Taylor and Kate Hudson team for capsule collection, advocacy

    New York -- Ann Inc. said Thursday that actress Kate Hudson will continue her role as the face of Ann Taylor for its spring and summer 2013 campaigns.

    However, said the retailer, this year Hudson's role will grow as both a design influence and charitable ambassador as well. For the summer collection, she will be developing a capsule collection for the brand. In addition, Hudson will join the Advisory Council for the company's ANNpower Vital Voices Initiative, a program that supports the empowerment of young women.

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