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OPERATIONS / SUPPLY CHAIN

  • Sears CEO’s compensation valued at $9.9 million

    New York -- The CEO of Sears Holdings Corp., Louis D'Ambrosio, received a compensation package in 2011 whose value was put at $9.9 million, according to a proxy statement filed with the Securities and Exchange Commission.

    D'Ambrosio joined the company in February 2011. He received a base salary of $931,000. His stock awards totaled $8 million and his bonus was $150,000.

  • Pinkberry partners with Micros Systems to implement Google Wallet

    Columbia, Md. -- Micros Systems, a provider of information technology solutions for the hospitality and retail industries, has partnered with yogurt retailer Pinkberry to implement Google Wallet. The system, which allows Pinkberry customers to tap their device on an NFC (Near Field Communications) reader to quickly make their purchase and simultaneously redeem coupons and receive discounts, is now live in 69 Pinkberry locations in the United States.

  • Blue Nile names retail veteran as CEO

    Seattle -- Online diamond and fine jewelry retailer Blue Nile announced the appointment of Harvey Kanter as CEO and president, effective March 30. Kanter will also be appointed to Blue Nile's board of directors, effective March 30.

    Prior to joining Blue Nile, Kanter served as president and chief executive of Moosejaw Mountaineering and Backcountry Travel, a multichannel retailer of premium outdoor apparel and gear. Before Moosejaw, he served as executive VP and managing director of Michaels Stores.

  • Alliance Data in new multi-agreement with Canada’s Toys ‘R’ Us

    Dallas -- Alliance Data Systems Corp. announced that its Canadian coalition loyalty business has signed a new multi-year agreement with Toys “R” Us, Canada to issue air miles reward miles in its 73 stores across Canada effective March 23, 2012.

    The Air Miles Reward Program is Canada’s premier coalition loyalty program, with approximately two-thirds of Canadian households actively collecting reward miles.

  • Sears Canada launches online points redemption feature

    Toronto -- Sears Financial has launched an online points redemption system for its five million plus card members, making it one of the first major retail loyalty programs in Canada to do so.

  • Nielsen: Top five retail apps and websites

    New York -- During the 2011 holiday season, the top retail apps and websites combined — Amazon, Best Buy, eBay, Target and Walmart — reached nearly 60 % of smartphone owners, according to Nielsen.

    “The majority of smartphone owners used their devices for shopping this past holiday season,” said John Burbank, president of strategic initiatives at Nielsen. “Mobile shopping has reached scale and is only going to grow as smartphone penetration continues to rise.”

  • List details world’s ‘most ethical’ companies; 15 retailers make cut

    Austin, Texas -- Target Corp., Costco Wholesale Corp., Safeway, Gap Inc. and Whole Foods Market are among 15 retailers recognized on the Ethisphere Institute's 2012 "World's Most Ethical Companies" list. The other retailers honored were Starbucks Coffee Co., Patagonia, Wegmans, Marks and Spencer, Best Buy, eBay, Timberland, Office Max, Petco, and Ten Thousand Villages.

  • Panera Bread Co. announces move to co-CEOs

    St. Louis -- Panera Bread Co. announced that founder and executive chairman, Ron Shaich, and president and CEO, Bill Moreton, will become co-CEOs, effective immediately.

    The announcement formalizes a relationship that has evolved over the last year and is a reflection of the way in which Shaich and Moreton have been operating as partners, the company said.

    Each individual's formal title will be as follows: Ron Shaich, chairman of the board and co-CEO; Bill Moreton, president and co-CEO.

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