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OPERATIONS / SUPPLY CHAIN

  • Wal-Mart China CEO stepping down

    New York City -- Wal-Mart Stores announced Monday that the president of its China unit is stepping down. A company spokesman said the resignation was unrelated to a Chinese government food safety case against several Wal-Mart stores.

    Ed Chan, CEO of Wal-Mart China, left for personal reasons, the company said. Scott Price, president of Walmart Asia, will fill the position in the interim.

  • Target's online president resigns

    Minneapolis -- Target Corp. said Thursday that the president of Target.com, Steve Eastman, has departed the company to pursue other opportunities.

    The retailer said the decision is unrelated to the performance of its online business. However, the crash of its website last month during the launch of its exclusive Missoni collection led to much criticism.

    Eastman is the second major executive to leave Target this month.

  • Walmart Foundation names Bill Gates Foundation exec as new president

    Bentonville, Ark. -- Walmart and the Walmart Foundation on Friday named Sylvia Mathews Burwell as president of the Walmart Foundation.

    Burwell will join Walmart in January 2012 to lead the company's charitable giving efforts and Walmart's Global Women's Economic Empowerment Initiative. Burwell will also guide the company's social, environmental and economic opportunity efforts in Africa, the company said.

  • Armani exec named CEO of Victoria's Secret Direct

    Columbus, Ohio -- Victoria's Secret Direct said Thursday that former Giorgio Armani Corp. CEO Bridget Ryan-Berman has been named CEO of the Internet and catalogue division of Victoria's Secret and a subsidiary of Limited Brands.

    Ryan-Berman replaces Pia Ferrario, who will remain as CEO through the holiday season and then transition into an advisory role with the company.

    Ferrario joined Limited Brands in 1989 and was named CEO of Victoria's Secret Direct in 2007.

  • Stein Mart extends credit card program with GE Capital

    Stamford, Conn. -- Stein Mart and GE Capital’s Retail Finance business announced Friday the multi-year renewal of the Stein Mart co-branded credit card program.

    Plans with the new agreement include launching a private label Stein Mart credit card in early 2012 that will be integrated into the customer loyalty program to drive sales and customer engagement.

  • Report: Amazon tests delivery lockers in stores in Seattle and New York

    New York City -- Amazon is testing robotic delivery lockers that people can use to receive items they order from the website, according to published reports.

    Wired magazine reported online that the company was conducting the tests in Seattle and New York at Rite Aid and 7-Eleven stores, as well as other locations. The new service would allow people to select a locker location for delivery and then go to retrieve their items automatically using a six-digit code.

  • CVS Caremark launches Android app

    Woonsocket, R.I. -- CVS Caremark announced the release of the Caremark.com Droid application. Available at no cost at the Android Market, this new application provides Android users with the ability to access the Drug Information Database to learn more about various prescription drugs and allows CVS Caremark plan members to log in and securely manage their prescriptions online.

  • Sears Holdings equipping store associates with iPads and iPod Touch devices

    Hoffman Estates, Ill. -- Sears Holdings has begun the staged roll out of Apple iPads and Apple iPod Touch devices, starting with nearly 450 stores nationwide. The move is designed enhance the relationship between customers and associates while improving the overall in-store shopping experience, Sears said.

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