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OPERATIONS / SUPPLY CHAIN

  • Gap vet named Frederick’s of Hollywood president

    New York City -- Frederick's of Hollywood said Wednesday it has named former Gap executive Don Jones as its president and COO. He will be charged with helping to revitalize the Frederick’s Hollywood brand on an international scale.

    Jones, most recently a retail consultant, was senior VP of stores and operations for Gap, where led the rollout of the Gap Body line.

  • Esprit to divest North America operations, looking to offload 93 U.S. stores

    Hong Kong -- On the heels of a 98% drop in its yearly earnings, Esprit Holdings said it is divesting its North American businesses and exiting three major European markets.

    The company said it is actively looking for a partner willing to acquire its North American operations, which include 93 stores in the United States.

  • Borders names CFO to lead liquidation

    Ann Arbor, Mich. -- A Wednesday report by Detroit News said that Borders Group Inc. has appointed turnaround specialist Ojas Shah as its CFO to lead the company toward final liquidation.

    Shah has been a director of Alix Partners, the firm providing financial restructuring and bankruptcy services to Borders.

    Borders, which filed for Chapter 11 bankruptcy protection in February, is slated to close all stores effective Sunday, Sept. 18.

  • Wal-Mart launches global women's economic empowerment initiatives

    Bentonville, Ark. -- Wal-Mart Stores on Wednesday launched initiatives intended, it says, to help women around the globe in the next five years.

    The retailer has spent the last year developing a plan -- with help from both governmental and non-governmental organizations and philanthropic groups -- which will direct $20 billion over a five- year period on goods and services from U.S. businesses owned by women, as well as double the amount it pays women-run suppliers overseas.

  • Gordman’s names VP stores

    Omaha, Neb. -- Apparel and home fashions retailer Gordman’s has named Andy Lundquist  as VP stores.

    Lundquist most recently served as senior VP stores for Kohl’s Department Stores, where oversaw 270 stores generating $4 billion in revenues in 21 states.

  • Walmart pushes mobile and social media initiatives with key acquisition

    Bentonville, Ark. -- Wal-Mart Stores said Wednesday that its technology unit, @WalmartLabs, has acquired Boulder, Colo.-based mobile and social advertising firm OneRiot.

    OneRiot’s technology will become part of WalmartLabs’ mobile and social shopping efforts, allowing the retailer to hone its social media skills and develop a variety of shopping and retail-related applications.
     

  • Big Y to eliminate self-checkout

    Springfield, Mass. -- Big Y Supermarkets plans to get rid of self-checkouts in all of its 61 stores by the end of 2011.

  • Whole Foods daily deal hits record

    Portland, Ore. -- Daily deal site LivingSocial said Tuesday that it has reached new records with its first nationwide grocery deal, implemented with Whole Foods Market.

    The debut deal offered shoppers $20 worth of products at Whole Foods for $10.

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