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OPERATIONS / SUPPLY CHAIN

  • Macy’s executive moving to CVS

    New York City -- CVS Caremark announced that Mark Cosby has been appointed president of CVS/pharmacy, effective Oct. 1. He formerly served as president of stores for Macy’s.

    “We’re delighted that Mark is joining our team,” Larry Merlo, CEO of CVS Caremark (NYSE: CVS) said in a news release. “His valuable experience at major retailers in operations and strategic planning makes him an excellent choice to lead our retail business going forward.”

  • Starbucks in settlement on overtime pay

    Seattle -- Starbucks Corp. agreed to pay nearly $1.6 million to cafe managers and their lawyers to settle a dispute concerning overtime pay, the Associated Press reported.

    The lawsuit was filed in 2009 in U.S. District Court in South Florida by a former Starbucks employee and covered roughly 550 managers.

  • Honeywell completes EMS acquisition

    Morris Township, N.J. -- Honeywell announced that it has completed its acquisition of EMS Technologies, for approximately $491 million. EMS is a leading provider of connectivity solutions for mobile networking, rugged mobile computers and satellite communications.

  • Court gives women in Wal-Mart class action suit time to file individual lawsuits

    New York City -- The women who were part of the large class action lawsuit against Wal-Mart Stores have been given until Oct. 28 to file individual lawsuits against the company, a U.S. judge ruled, Reuters reported.

    The women, who claim the retailer denied them pay raises and promotions because of gender bias, are regrouping after the U.S. Supreme Court dismantled a class of up to 1.5 million current and former Wal-Mart workers in June.

  • Winn-Dixie to discontinue SaveRite banner

    Jacksonville, Fla. -- Winn-Dixie Stores announced Thursday that it would convert all of its SaveRite-branded grocery stores to Winn-Dixie brands, discontinuing the SaveRite banner permanently.

    “By aligning all 484 stores under one Winn-Dixie banner, we will be able to ensure a more consistent shopping experience for all of our guests – regardless of the type of neighborhood in which we operate,” said Peter Lynch, Winn-Dixie’s chairman, CEO, and president.

  • NRF survey: Back-to-school shoppers using smartphones and tablets

    Washington, D.C. -- A survey released Thursday by the National Retail Federation found that nearly one third of tablet owners will use the device to purchase back-to-school items.

    According to NRF’s 2011 Back-to-School and College surveys conducted by BIGresearch, consumers with smartphones and tablets will use their devices to research products, redeem coupons, look up store information, and even make purchases.

  • Sears Holdings names CFO

    Hoffman Estates, Ill. -- Sears Holdings Corp. said Tuesday it has named Robert A. Schriesheim as executive VP and CFO.

    Schriesheim’s position as executive VP is effective immediately, and he will begin his CFO duties on Aug. 22.

    Schriesheim most recently was CFO for Hewitt Associates, leading the company's global financial and administrative roles until its merger with Aon Corp. He replaces acting CFO Bill Phelan.

  • Barneys and Lady Gaga collaborate on 2011 holiday campaign

    New York City -- Barneys New York said Monday it is teaming up with pop singer Lady Gaga on a holiday campaign and Christmas window display to be called Gaga’s Workshop.

    The luxury department store retailer said that, in addition to the Gaga-themed window display, it will devote an entire floor of its Madison Avenue flagship to Gaga’s Workshop. The campaign will also feature limited-edition gift items and specially themed holiday shopping bags and packaging.

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