Skip to main content

OPERATIONS / SUPPLY CHAIN

  • CVS Caremark names executive VP/general counsel

    Woonsocket, R.I. -- CVS Caremark said Monday it has named Thomas M. Moriarty as executive VP and general counsel for the company.  

    Moriarty most recently served as general counsel at the Celgene Corp., a biopharmaceutical company.

    Moriarty succeeds Douglas Sgarro who retired in May after more than 14 years with the company.

     

  • Gap Inc. names H&M designer as creative director for namesake brand

    San Francisco -- Gap Inc. said Monday it has named Rebekka Bay as creative director and executive VP for Gap Global Design, effective Oct. 1.

    Bay is most noted for conceptualizing, developing and launching the COS brand for Hennes & Mauritz. She spent five years as creative director at COS.

    Bay will be responsible for Women’s, Men’s, 1969, Accessories and Body lines worldwide.

     

  • Report: Best Buy to move loss-prevention employees to sales floor

    New York -- Best Buy is moving about 2,000 loss-prevention employees in its U.S. locations to focus on selling, Bloomberg reported.  

    Employees who greeted shoppers entering Best Buy  stores and checked receipts when they left will join the ranks of the company’s sales force, according to the report.

     

  • Walmart holiday toy layaway program starts Sunday

    Bentonville, Ark. -- Walmart on Friday announced its Top 20 Toy List for the upcoming holidays and said the items are available now at Walmart stores in time for the retailer's layaway program, which launches this Sunday. In a social media tie-in, customers who “like” their local Walmart store's Facebook page can begin using the service immediately.

  • India paves way for foreign retailers

    New Delhi, India -- India’s government said Thursday that it has OK’d plans to permit foreign retailers to open stores that sell more than one brand, paving the way for retailers such as Wal-Mart Stores and Carrefour SA to expand their presence in the country.

    The approved plan calls for overseas companies to put half of their investment in infrastructure such as processing, manufacturing, storage, warehouses and packaging.

  • Planalytics: Cool fall temps next week will boost seasonal demand

    New York -- Retailers may soon be getting an assist from the weather, according to a Friday report from Planalytics. Businesses should be prepared for a demand spike in seasonal products as consumers react to the change in conditions, the report advises.
     

  • Home Depot to close its last seven big-box stores in China

    Atlanta -- The Home Depot Inc. said Friday it will close its remaining seven big-box outlets in China and focus on Internet-based sales and specialty stores.

  • City Sports names CEO

    Boston -- City Sports said Wednesday it has named Edward Albertian as president and CEO of the 21-store chain.

    Albertian joins the company from Trans National Group, where he was president and CEO. He has also served as senior VP retail operations at Staples.

    Albertian's appointment follows the departure of City Sports’ previous president and CEO Jeff Connor, who resigned last month.

     

X
This ad will auto-close in 10 seconds