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OPERATIONS / SUPPLY CHAIN

  • Starbucks expands college tuition benefit to cover full degree

    Seattle -- Starbucks Corp. is extending its college tuition assistance plan for workers to cover the entire cost of getting an online bachelor's degree. The coffee giant launched the program with Arizona State University in June 2014. At the time, it was limited to juniors and seniors looking to complete their degrees. But in a major expansion of the benefit, Starbucks said it will now cover the full cost of the four-year online degree.

  • Google Wallet 9.0 offers improved transaction search

    Mountain View, Calif. – Google has released version 9.0 of the Google Wallet electronic payment app, skipping version 8.0 but only adding a couple of new features. The most significant new feature is a transaction search bar that lets users find past transactions via keyword.

    In addition, a maps widget lets users track stores where they make purchases and locate them on a map. Among other benefits, this feature lets consumers quickly identify purchases made in stores and areas they have not visited.

  • Report: FMI asks for delay in EMV rollout

    Arlington, Va. – The Food Marketing Institute (FMI) is reportedly asking major credit card companies to delay the October 2015 mandate for U.S. retailers to comply with the Europay, Mastercard Visa (EMV) chip-based payment card standard. According to the Wall Street Journal, the FMI sent a letter to Visa, MasterCard, American Express and Discover Financial Services asking for the deadline to be moved into 2016.

  • Cabela's looks to open its eighth Canadian store

    New York -- Cabela’s is looking to grow its Canadian operations with a new store in British Columbia.

    Cabela’s could begin construction in Abbotsford, B.C., this year, and could open in fall 2016. The proposed store site is located at 1880 McCallum Road in the newly planned McCallum Junction development off Exit 90 of Trans-Canada Highway 1. McCallum Junction Properties Inc. is the developer.

  • RadioShack CEO Joe Magnacca steps down

    New York -- Joe Magnacca has stepped down as CEO of RadioShack. Magnacca made the announcement on Wednesday in an internal memo to employees, according to the Dallas Business Journal. It came a day after Standard General was given the green light by a bankruptcy court judge to acquire RadioShack’s assets.

  • Changing of the guard at RadioShack; former Dell exec to head chain

    New York -- A former executive of Dell Inc. has been tapped as the new CEO of RadioShack. Standard General, the hedge fund that bought 1,743 of the chain’s stores in bankruptcy court proceedings, has appointed Ron Garriques as the new head of RadioShack.

    Garriques headed Dell's consumer and communications divisions and previously worked at Motorola Inc. He replaces Joseph Magnacco, who resigned Wednesday after two years as CEO.

  • Pharmaca Integrative Pharmacy to open its 30th store

    Boulder, Colo. -- Pharmaca Integrative Pharmacy will open its 30th store, in Los Altos, California, on May 2.
     
    Part of the company’s aggressive strategy to expand throughout the Western region, the new store is its third location to open in 2015 and follows three store openings in 2014. Pharmaca has plans to open an additional location in Colorado mid- to late 2015.
     

  • Saks: Changes at the top as company veteran Marc Metrick named president

    New York -- There’s been a change at the top at Saks Fifth Avenue. On Thursday, Saks parent company Hudson’s Bay Company announced that company veteran Marc Metrick, 41, is replacing Marigay McKee as president of Saks Fifth Avenue, effective April 2, 2015. It’s a return of sorts for Metrick, who is HBC’s executive VP and chief administrative officer. He spent the first 15 years of his career at Saks Fifth Avenue, ultimately becoming its chief strategy officer, before joining the leadership team of HBC in 2012 as chief marketing officer.

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