OPERATIONS / SUPPLY CHAIN

Foot Locker taps Target digital exec as CIO
New York -- Foot Locker has named a digital head from Target Corp. to head up its technology efforts.

The specialty athletic retailer named Pawan Verma as senior VP and CIO, effective Aug. 10. He joins Foot Locker from Target, where he has worked since 2013, most recently serving as VP, digital and marketing technologies and services platforms.

Verma succeeds Peter Brown, who retired in April after 38 years with the company.
Fridays on hunt for new CEO
Carrollton, Texas -- TGI Fridays is looking for a new chief executive.

The company announced that Nick Shepherd recently informed the Fridays’ board of his decision to step down as president and CEO, citing that he believes the time is right to pass the torch to a new leader to steer the 50-year-old brand through its next chapter of growth.

Shepherd will continue to actively lead the business through mid-October, and will be working closely with Fridays chairman of the board, John Antioco.

Executive stepping down at Kroger

Cincinnati -- The Kroger Co.’s first female corporate officer is retiring.

The Kroger Co. announced that group VP for corporate affairs Lynn Marmer plans to retire in early 2016, after 18 years with the company.

"Lynn has been a trusted counselor and advisor to three CEOs during a period of significant change in food retail," said Rodney McMullen, Kroger's chairman and CEO. We wish her and her family all the best in retirement."
Dairy Queen gives customer data security fit for a king

Minneapolis – Dairy Queen restaurants thrive on providing customers treats, not exposing them to tricks from hackers and fraudsters.

To ensure the good times keep rolling, American Dairy Queen Corp. (ADQ) in the U.S. is deploying the cloud-based Netsurion managed firewall platform to strengthen network security and Payment Card Industry (PCI) compliance to protect customer data.
City Sports names retail veteran as CEO

Boston -- A veteran retailer with experience in running big national chains has joined City Sports as its new chief executive.

The Boston-based company tapped Marty Hanaka, who has served on the board of directors of City Sports since 2008, as its new chief executive. Hanaka was the interim CEO of Guitar Center from January 2013 to April 2013. Previously, he served as CEO of Golfsmith Holdings (from June 2008 to November 2012) and of The Sports Authority (from September 1998 to August 2003.) Prior to that, he was the president and COO of Staples.
Report: Wal-Mart wants accurate labels

Bentonville, Ark. – Wal-Mart Stores Inc. is reportedly making sure its suppliers understand expectations for labeling of products.

According to the Wall Street Journal, the retailer recently sent a memo to hundreds of suppliers, including major CPG firms such as Kraft Heinz Co. and Nestle, reminding them that the amount of an item inside a package must match the amount stated on the outside label.
Luxottica sees distribution capacity as crucial

Milan, Italy – No matter how popular a company’s products might be, if they can’t reach consumers they won’t sell.

Global eyewear retailer Luxottica Group is recognizing this basic business fact with a new strategy to substantially increase distribution capacity in the U.S., China and Italy.
The Power of Facebook

New York -- A mannequin storm has been playing out on Facebook.

British fast-fashion giant Topshop said it will make a change in mannequins a customer complained on her Facebook page about the chain's "ridiculously tiny" mannequin.

In the post, which went viral, the customer appealed to the merchant to take responsibility "for the impression you have on women and young girls."
Subway teaming up with PayPal

Milford, Conn. -- It’s getting harder and harder to keep track of all the activity in the mobile ordering and mobile payment space. The latest big announcement comes from Subway.

The fast-casual restaurant giant announced on Thursday new updates to its mobile app and website that include more mobile payment options, along with giving customers the ability to order on-the-go. Subway said it is adding PayPal as an option customers can use to pay for meals when they order remotely or pay in-store using the Subway app’s mobile payment feature.
White House taps Best Buy to connect America

Minneapolis – While the buzzing sounds and dings of dial-up Internet access may seem like quaint relics of the turn of the century, the fact remains that millions of Americans lack even that level of Web connectivity. To help bridge this digital divide, Best Buy will participate in a new ConnectHome initiative announced by President Obama and Housing and Urban Development (HUD) Secretary Julián Castro.