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OPERATIONS / SUPPLY CHAIN

  • Stage Stores signs long-term contract extension with Alliance Data

    Houston -- Stage Stores and Alliance Data Systems announced that they have signed a long-term amended and restated private-label credit card renewal agreement for private-label credit card services.
     
    Under the terms of the agreement, Alliance Data’s Retail Services business will continue to provide a full suite of private-label credit card services geared toward driving sales and brand loyalty to grow Stage Stores’ customer base.

  • Supervalu names president of Shoppers

    Minneapolis -- Supervalu announced that Robert Bly will join the company as president of Shoppers Food and Pharmacy, a 56-store chain in the Baltimore, and Washington, D.C., market.

    Bly, 49, most recently served as VP of Kmart and Sears divisions for the Sears Holdings Co. He is expected to begin his new role on Aug. 22 and will report to Chuck Elias, senior VP retail operations.

    Bly replaces Tim Lowe, who recently accepted a new leadership role in Supervalu's merchandising organization.
     

  • Best Buy names chief executive of Carlson as new CEO

    Minneapolis -- Best Buy Co. has named Hubert Joly, the former chief executive of global hospitality company Carlson, as the chain's new CEO and president. Carlson, which operates such businesses as Radisson and T.G.I Friday's, announced Sunday that Joly resigned from that company.

  • Walmart bringing back holiday layaway early; changes fees

    Bentonville, Ark. -- Walmart announced it is bringing back layaway a month early this holiday season. The program will be available nationwide Sept. 16 through Dec. 14.

    “Last year, millions of Americans relied on layaway at Walmart to provide a great Christmas for their families. Because of their feedback, we're offering the service again this year and making it better than ever," said Duncan Mac Naughton, chief merchandising and marketing officer, Walmart U.S.

  • Finish Lines names VP planning and allocation

    Indianapolis -- The Finish Line announced that Amber Vanes has been appointed VP planning and allocation.

    Vanes has been with Finish Line for seven years, most recently serving as senior buyer/DMM for The Running Specialty Group, which Finish Line acquired last year.

  • Body Central names interim CEO

    New York -- Body Central announced Friday that Thomas W. Stoltz has been promoted to COO and named interim CEO.

    Stoltz has served as the company's executive VP and CFO since September 2011 and replaces B. Allen Weinstein, the company's former CEO who retired effective Aug. 16.

    Stoltz will also continue to serve as Body Central's CFO.

  • Restoration Hardware co-CEO steps down amid allegations of personal improprieties

    New York -- According to multiple reports citing anonymous sources, Restoration Hardware chairman and co-CEO Gary Friedman has stepped down after an internal investigation into a relationship he had with a 26-year-old female employee.

    Friedman was confronted with findings that he had had an intimate relationship with the employee, who has since left the company. To look into the matter, the board of directors formed a special investigative committee and brought in an outside law firm to conduct the inquiry.

  • Macy’s sues J.C. Penney over Martha Stewart agreement

    New York -- Bloomberg reported Thursday that Macy’s Inc. has filed suit against J.C. Penney Co. in New York state court over the rights to sell products branded by Martha Stewart Living Omnimedia Inc. in their respective department stores.

    Macy’s sued Martha Stewart Living in January to stop it from executing a sales agreement with J.C. Penney, as Macy’s claimed an exclusive right to sell Martha Stewart products in certain categories.

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