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OPERATIONS / SUPPLY CHAIN

  • Former Sears interim CEO Johnson named CEO of spun-off unit

    Hoffman Estates, Ill. -- Sears Holdings Corp. said that former interim CEO Bruce Johnson will serve as president and CEO of Sears Hometown and Outlet Stores once the unit is spun off from the retailer.

    Johnson served as interim CEO of Sears Holdings from 2008 to early 2011.
     
    Last February, Sears Holdings announced it would spin off its Sears Hometown and Outlet businesses in an effort to raise an expected $400 million to $500 million.

  • Quiznos names new CEO

    Denver -- Quick-serve sandwich chain Quiznos announced that it has named Stuart Mathis as president and CEO, effective July 30.

    The company also named Susan Lintonsmith as chief marketing officer.

    Mathis was previously president of The UPS Store. He succeeds Greg MacDonald, who is stepping down as Quiznos' president and CEO, effective immediately. 

    Lintonsmith was previously senior VP and CMO of Red Robin Gourmet Burgers.
     

  • Dollar General teams with Western Union to offer prepaid cards at 10,000 locations

    Englewood, Colo. -- The Western Union Co. and Dollar General Corp. said that they have executed an agreement to begin offering two Western Union general-purpose reloadable prepaid cards at Dollar General’s more than 10,000 stores in 40 states.

    Dollar General is now offering the Western Union MoneyWise and co-branded Western Union Telemundo cards.

  • Walgreen, Express Scripts end stand-off

    Deerfield, Ill. -- After months of slumping sales following its split with Express Scripts Holding Co., Walgreens said it has forged a new multi-year contract with the prescription provider and will begin filling Express Scripts prescriptions on Sept. 15.

    Walgreen had stopped filling prescriptions for Express Scripts after a contract between the companies ended last year. Express Scripts ended the contract because it said Walgreens wanted a premium compared to what Express Scripts paid other pharmacies.

  • Food Lion expands brand strategy

    Salisbury, N.C. -- Food Lion on Wednesday expanded its new brand strategy to 269 stores in North Carolina and South Carolina. With the expansion, Food Lion has more than 700 locations operating under rebranding, representing more than 60% of its store base. 

    The new strategy offers customers lower prices on 6,000 items, a greater emphasis on private brands,  enhanced produce and an easy and convenient shopping experience, such as faster checkout. To support its new strategy, the company created approximately 800 new jobs.

  • Ron Johnson sticking with J.C. Penney’s new pricing strategy; will test RFID tags on merchandise

    New York -- J.C. Penney CEO Ron Johnson said that he is sticking with the chain’s new pricing strategy and that the company’s board of directors was “totally supportive.”

    In remarks at Fortune magazine's Brainstorm Tech conference in Aspen, Col., Johnson acknowledged that J.C. Penney initially confused customers when it came to explaining the new pricing strategy.

  • Macy’s in national rollout of Shopkick mobile rewards

    Palto Alto, Calif. -- Shopkick, the location-based shopping app that rewards shoppers for walking into stores and interacting with products, and Macy's, announced a full national rollout in more than 800 Macy’s stores of the shopping application.

  • Duane Reade in green transportation initiative

    New York -- In an effort to reduce vehicle air pollution, Duane Reade, in partnership with Mission Electric, is asking New Yorkers to help determine which of the chain’s stores should be served solely by electric trucks. Combined, more than 30 stores have been identified as electric truck ready in the city’s boroughs of Queens, Bronx, Brooklyn, and Manhattan.

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