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OPERATIONS / SUPPLY CHAIN

  • Survey: E-commerce retailers missing sales opportunities

    Montreal -- A survey released Friday by e-commerce visitor feedback analytics firm iPerceptions found that, despite online retail sales being up, online retailers are missing out on revenue opportunities.

    Third quarter 2011 Retail Ecommerce industry report showed that, while U.S. retail sales estimates show online retail spending rose 13% year-over-year to $36.3 billion for the quarter, task completion fell significantly for visitors at nearly every stage of the retail purchase cycle.

  • Walmart spotlights disaster-torn communities on day five of Facebook campaign

    Bentonville, Ark. -- Walmart said Friday that, on the fifth day of its "12 Days of Giving" Facebook campaign, it is awarding $130,000 to 13 nonprofits that are helping restore communities after natural disasters. Communities in Alabama, Connecticut, Missouri, Nebraska, New Jersey, North Carolina, North Dakota, Pennsylvania, Texas and Wyoming will receive contributions from Walmart Foundation, the retailer’s philanthropic arm.

    Over 12 consecutive days, Walmart will award a total of $1.5 million to 145 organizations.

  • Report: Someone is playing Santa at Kmart stores

    Omaha, Neb. -- There is a heartwarming story playing out  at Kmart stores  throughout the Midwest: Anonymous donors are paying off strangers'  layaway accounts, buying the Christmas gifts, especially toys and children’s clothing, that the families might otherwise have a hard time paying, the Associated Press reported.

  • Morton's steakhouse chain acquired by restaurant veteran

    New York City -- A Friday report by Reuters said that restaurant veteran Tilman Fertitta has added to his restaurant holdings by reaching a $117 million deal for Morton's Restaurant Group Inc., which operates high-end steakhouses nationwide.

    Fertitta, who expanded his stake from in Morton’s from the 5% he already held, has outlined plans to modernize the struggling chain.

    This latest deal marks Fertitta’s second acquisition in two months, as in November he acquired seafood chain McCormick & Schmick's.

  • Tiffany announces management shift

    New York -- Tiffany & Co.  announced that Stephane Lafay has been appointed to the newly-created position of group VP - Asia-Pacific Region and President - Tiffany Japan. 

    Lafay, 46, joined Tiffany in 2009 as president of Tiffany’s Japan organization. A search is underway for a managing director of Japan who will report to Lafay. 

  • Safeway names Denver division president

    Pleasanton, Calif. -- Safeway Inc. said Wednesday it has appointed Al Duran to president of the company's Denver Division. He replaces Scott Grimmett, who is leaving Safeway for another opportunity.

    Duran joined Safeway's Denver Division in 1979, and worked his way through the company's ranks including senior retail operations and marketing positions in the Safeway's Phoenix and Dominick's divisions. He joined Safeway's corporate team in 2009 as VP retail initiatives.

  • IBM survey: Online holiday shopping strong, mobile increases 234%

    New York City -- The IBM Benchmark snapshot, released Wednesday, of online retail data showed growing strength in the category.

    According to the data, online sales for the week of Dec. 5 were up 7.3% year over year. On Monday, Dec. 12, online sales were up 11.8% over the same day in 2010.

  • Christopher & Banks names former Wet Seal and Wilsons Leather CEO as president

    Minneapolis -- Christopher & Banks Corp. said Wednesday it has named Joel N. Waller as president for a one-year term, effective immediately. He will report to Larry Barenbaum, CEO.

    Waller, who is charged with revitalizing the business and putting the company back on track to profitability, was most recently a consultant to various retail companies, including AM Retail Group, Inc./Wilsons Leather. He served as CEO of Wet Seal from 2005 to 2008, and as chairman and CEO of Wilsons Leather before that.

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