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OPERATIONS / SUPPLY CHAIN

  • Wal-Mart Stores’ annual shareholders meeting set for June 1

    Bentonville, Ark.  -- Wal-Mart Stores on Monday announced that the company’s 2012 Annual Shareholders meeting will be held on Fri., June 1, 2012 at 7 a.m. CDT, in Bud Walton Arena at the University of Arkansas in Fayetteville, Ark. 

    The meeting also will be webcast on the company’s website at http://walmartstores.com/investors. Following the meeting, there will be an informal 30-minute live question and answer session with company executives for shareholders.

  • Toys 'R' Us names chief merchandising officer

    Wayne, N.J. -- Toys “R” Us has named Richard Barry as  senior VP, chief merchandising officer, Toys“R”Us, U.S.  In his new role, Barry is responsible for all aspects of merchandising initiatives for the company’s U.S. operations.

    Prior to the promotion, Barry served as VP, general merchandising manager for Toys“R”Us, U.S., overseeing the learning and electronics and entertainment product categories.

  • Online spending jumps 13% in 2011, hits $161.5 billion

    Reston, Va.  -- Online retail spending reached $49.7 billion for the fourth quarter, up 14% over a year ago, according to comScore.  It was the ninth consecutive quarter of positive year-over-year growth and fifth consecutive quarter of double-digit growth rates. For the entire 2011 year, U.S. retail e-commerce spending reached a record $161.5 billion, marking a 13%  increase from 2010.

  • Payless ShoeSource in deals to open stores in Korea, Thailand and Vietnam

    Topeka, Kansas — Payless ShoeSource, a division of Collective Brands, announced that it has signed two new franchise agreements with partners Emart, a business unit of Shinsegae Group, Seoul, for stores in Korea, and Central Marketing Group, a business unit of Central Group, Bangkok, for stores in Thailand and Vietnam, bringing the total countries, which will have franchised Payless stores to 20 countries.

    Payless and its partners said that in 2012 they expect six store openings in Korea, as well as five stores each to open in Thailand and Vietnam.

  • H-E-B details growth and remodeling plans for Austin market

    New York -- H. E. Butt Grocery Co. plans to spend about $100 million to expand, remodel and relocate several of its stores in Austin, Texas, during 2012, the  Austin American-Statesman reported. The move is part of a larger, statewide expansion and price-cutting campaign. 

  • NRF BIG Show Wrap-Up Report

    New York City -- Seamless customer experience, empowered consumers, mobile commerce and social shopping were among the buzzwords at the National Retail Federation’s Annual Convention & Expo in New York City. Highlights of the show, which set new records for attendance and featured a keynote address by a former president, are featured in Chain Store Age’s NRF BIG Show Wrap-Up report.

    Click here to download the report.
     

  • Urban Outfitters names CEO for namesake brand

    Philadelphia -- Urban Outfitters Inc. has appointed a former executive as CEO of its namesake brand. The company named Tedford Marlow as head of the Urban Outfitters Group, effective Feb. 6. Marlow he retired from the chain in 2010, after spending nine years as president of the Urban Outfitters brand.

    The announcement came almost a month after Richard Hayne, the company's chairman and president, succeeded CEO Glen Senk, who resigned. Hayne co-founded the company in 1970.
     

  • Coldwater Creek names new COO

    Sandpoint, Idaho -- Coldwater Creek Inc. has promoted Jim Bell to the newly created position of executive VP and COO. He will oversee the retailer's information technology systems, real estate, distribution and logistics, planning and allocation, and finance.

    Bell is currently the company's chief financial officer, and will continue to fill that role in his new job, the company said Thursday.
     

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