OPERATIONS / SUPPLY CHAIN

Lululemon restructures executive team
Lululemon Athletica’s chief product officer has left the company and other key executives are in new roles as the company looks to increase innovation and execute a 10 year vision.

The operator of 336 stores named expanded the responsibilities of CFO Stuart Haselden and he now adds the title of executive VP of operations. Haselden joined the company early this year after serving as CFO of J. Crew. The company has also initiated a search to fill the newly created position of chief supply chain officer.
Gap exec rejoins company as board member
Veteran apparel retailer Tracy Gardner will join the Gap Inc. board, effective Nov. 11.

Gap has relied on Gardner on multiple occasions the past 25 years as an employee and advisor. Gardner worked at the company from 1991 to 1994 in various creative roles and from 1998 to 2004 in senior leadership positions, including head of Gap adult merchandising. This past year she served as an advisor to the Gap brand and functioned in a similar role in 2012.

Report: Jeff Bezos goes shopping at Costco

Costco Wholesale has sold an airplane hanger to Poplar Glen, the limited liability company owned by Amazon’s Jeff Bezos, the Puget Sound Business Journal reported. Bezos owns two airplanes, including a recently acquired Gulfstream, according to the report. [Puget Sound Business Journal]
Abercrombie taps seasoned HR exec to head up diversity efforts

Abercrombie & Fitch continues its efforts to polish its brand image.

The retailer announced that Jeanetta Darno has joined the company as VP of diversity and inclusion in a role that will include “enhancing the existing global diversity and inclusion best practices throughout the organization.”
Target rolls out 8 new sustainability goals

Amid a slew of news from Target HQ on Monday, the retailer also announced that, as part of the White House’s Climate Pledge, it would be working toward eight new sustainability commitments. The company has had success so far when it comes to sustainability, reducing its greenhouse gas emissions 9% since 2012 and eliminating more than half a million metric tons of carbon dioxide from its buildings.

The commitments are for the company to achieve the following benchmarks by 2020:
Four Best Practices to Make the Holiday Season Bright — with Convenience

With the rise of multichannel retailing and a saturated retail market, today’s customers expect to find the products they want, when they want and in a way that is most convenient to them. Be it via speedy delivery, in-store pickup or traditional store visits, shoppers today want to be connected to their purchases quickly. Retailers that don’t provide such services will be outperformed by competitors that do this Christmas season.
Top retailers back Obama climate change pledge

Ikea and Best Buy are among the top retailers supporting a U.S.-sponsored pledge to act on combating climate change.

President Barack Obama met with a group of business leaders Monday at the White House to announce the signatories of the American Business Act on Climate Pledge.

"The perception is that this is an environmental issue, it's for tree-huggers, and that hard-headed business people either don't care about it or see it as a conflict with their bottom lines," Obama said.
Report: Target continues internal IT focus

Target Corp. is making a number of aggressive moves to become more self-reliant when it comes to IT development.

According to the Wall Street Journal, the latest move is the adoption of the DevOps software development strategy. DevOps emphasizes increased cooperation among software engineers and product deployment employees, and also focuses on agile development and testing methods.
Target starts up accelerator application process

Start-ups looking to revolutionize retail have a significant new opportunity for support.
The New Realities of Cyber Risk Management: It’s Not Just an IT Issue

Imagine you are the general counsel at a retailer involved in sensitive M&A discussions. You receive an email from one of the deal’s outside advisors. He says he needs some information about your company, the kind you’ve passed on before. You send it along — and later find that you were victimized in a sophisticated cyber-attack aimed at stealing sensitive information.