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OPERATIONS / SUPPLY CHAIN

  • Liz Claiborne to change name to Fifth & Pacific Co.

    New York City -- Liz Claiborne Inc. said Wednesday that it will change its name to Fifth & Pacific Cos., effective May 15, to reflect the divestiture of its namesake brand as well as a newly honed focus on its core banners.

    The owner of Juicy Couture, Kate Spade and Lucky Brand agreed last October to sell its Liz Claiborne and Monet brands to J.C. Penney Co. for $267.5 million in a move to reduce debt. It also sold its Dana Buchman brand to Kohl’s Corp.

  • TJX Cos. announces senior management shifts

    Framingham, Mass. -- The TJX Cos. announced Wednesday several senior management shifts, including moving current Marmaxx Group head Michael MacMillan to the company’s European division.

    MacMillan, who has been in charge of the company’s largest division comprised of T.J. Maxx and Marshalls, will now be senior executive VP of TJX Europe. MacMillan replaces Paul Sweetenham, who recently resigned.

    The current president of HomeGoods, Richard Sherr, will return to Marmaxx Group as senior executive VP.

  • Barnes & Noble to sell Sterling publishing business

    New York City -- A Wednesday report in the Wall Street Journal said that Barnes & Noble Inc. has put its Sterling Publishing business up for sale.

    Barnes & Noble acquired Sterling in 2003 for about $115 million.

  • Vitamin Shoppe president joins Express board

    Columbus, Ohio -- Express has announced changes to its board of directors. Michael Archbold, president and COO of Vitamin Shoppe, has been appointed to the board as a class I director, effective Jan. 3.

    Archbold joined Vitamin Shoppe in 2007 as CFO and COO. He was promoted to president in 2011. Previously, he was executive VP, CFO and chief administrative officer of Saks Fifth Avenue.

  • 7-Eleven Mexico selects Oracle retail platform to support growth

    Redwood Shores, Calif. -- 7-Eleven Mexico has selected Oracle Retail Merchandising to create a platform for improving retail operations and driving growth across its 1,400 stores throughout the country.

  • Report: Sears arms associates with iPads and iPod touches

    New York City -- Sears has given store associates more than 5,000 Apple iPads and 11,000 iPod touches to track inventory and customer orders, Lou D’Ambrosio, CEO, Sears Holdings Corp., said in a Bloomberg report.

    In the article, D’Ambrosio also took on critics who have complained that Sears has not invested enough in its stores. The chain is spending less than a quarter of the $8 a square foot that retailers typically invest to maintain stores, according to International Strategy & Investment Group, according to the report.

  • BJ’s taps People Answers for talent assessment

    Dallas -- PeopleAnswers announced a new agreement in which BJ’s Wholesale Club will use the PeopleAnswers’ solution to help select team members in all locations across 15 eastern states.

  • Sears hires former Brookstone chief executive to lead merchandising

    New York City -- Sears Holdings Corp. hired Ron Boire, the former president and chief executive of Brookstone Inc. to lead its merchandising and retail stores for both the Sears and Kmart brands. Prior to Brookstone, Boire served as president, U.S. Toys, North America for Toys “R” Us from 2006 to 2009, where he was in charge of merchandising, marketing and operations

    "We are in the midst of a transformation of our business, from top to bottom...," Sears CEO Lou D'Ambrosio said in a statement on Tuesday.

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