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OPERATIONS / SUPPLY CHAIN

  • Dollar General CFO to retire

    Goodlettsville, Tenn. — Dollar General announced Thursday that David Tehle, executive VP and CFO, will retire from Dollar General effective July 1, 2015. The retailer has started a search for a successor and will consider both internal and external candidates for the job.

  • Wal-Mart integrates Visa ReadyLink into prepaid card program

    Bentonville, Ark. – Wal-Mart Stores Inc. has integrated the Visa ReadyLink instant fund service into its Rapid Reload network of prepaid card programs. Now Visa reloadable prepaid cardholders can add funds to their general purpose reloadable (GPR) cards at participating Wal-Mart stores.

  • Report: Target lays off 1,700; to cut 1,400 positions

    Minneapolis – Target Corp. laid off 1,700 mostly headquarters employees on Tuesday and is eliminating 1,400 open positions. According to the Minneapolis/St. Paul Business Journal, Target notified employees of the workforce reduction in an email.

    The cuts are part of a two-year, $2 billion corporate restructuring. Roughly 13% of the jobs in Target’s Minneapolis workforce will be eliminated, the report noted.

  • CVS announces organizational changes

    Woonsocket, R.I. -- CVS Health is making a series of organizational changes to further drive enterprise alignment and fuel its growth strategy.

    The changes include:

    •The promotion of Josh Flum to executive VP, pharmacy services. In addition to overseeing retail pharmacy operations, pharmacy professional services, and payer relations, Flum will also have oversight of a new Enterprise Product Innovation and Development team, and a new Enterprise Pharmacy Growth team.

  • Lumber Liquidators spreads expanded showroom format

    Toano, Va. – Lumber Liquidators has been making the wrong kind of headlines recently, but the specialty hardwood flooring retailer has some good news to share about its expanded showroom store format. Currently, nearly a third of Lumber Liquidators’ 350-plus store locations have implemented the expanded showroom and that number will continue to rise throughout the next several years.   

  • GameStop accepting Apple Pay

    Grapevine, Texas – GameStop Corp. is launching a nationwide rollout of Apple Pay to its more than 4,200 U.S. video game stores this month. In GameStop stores, Apple Pay will work with the iPhone 6, iPhone 6 Plus and the upcoming Apple Watch.

  • Cache will cease operations

    Los Angeles – A little more than a month after filing for Chapter 11 bankruptcy protection, specialty women’s apparel retailer Cache is throwing in the towel. Advisory and valuation services provider Great American Group (GA), which won a bid for Cache’s assets at a March 3 bankruptcy auction, has begun "going-out-of-business" sales for all Cache's retail locations in the U.S., the Virgin Islands, and Puerto Rico.  

  • Johnny Rockets names Peter Piper head as CEO

    Aliso Viejo, Calif. - Johnny Rockets has named Charles Bruce as the company's new president and CEO. Bruce brings to Johnny Rockets more than 35 years of experience in marketing and leadership positions, most recently as president and CEO of Peter Piper Pizza,

    Earlier in his career, Bruce held marketing and brand strategy positions with the International Pizza Hut Franchise Holders Association as VP of marketing, and at Wendy's as VP of international marketing.
     

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