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OPERATIONS / SUPPLY CHAIN

  • Report: Toys ‘R’ Us Times Square flagship to close when lease expires

    New York -- Toys "R" Us is not going to renew the lease of its Manhattan flagship, according to various reports. The lease for the massive 110,000-sq.-ft. retail space, at 1514 -1530 Broadway, between 44th and 45th Streets, is set to expire at the end of January 2016. The ground floor of the prime space, in the heart of busy Times Square and with access to Broadway, commands a whopping $2,500 per foot per year in rent, with the second and third floors costing considerably less, according to CNN Money.

  • Canadian Tire exec appointed senior VP of Babies ‘R’ Us

    Wayne, N.J. -- Toys “R” Us announced that it has named Reg McLay as senior VP, Babies “R” Us business, effective March 30.
         
    McLay will lead the Babies “R” Us merchandising team in the U.S. in driving product innovation, as well as differentiation in services and offerings across its stores nationwide. He will report to Hank Mullany, president, Toys “R” Us, U.S.
     

  • Lowe’s rolls out KeyMe digital key kiosks

    Mooresville, N.C. – Lowe’s Companies Inc. may have found the key to customer self-service. The DIY giant is rolling out new retail kiosks from KeyMe at select locations.  

    The kiosks enable customers to safely store a “digital copy” of their keys in the cloud and create a spare copy at their local Lowe’s in under 30 seconds. The new kiosks will be able to copy car keys, both with transponder chips and those without. This is the first time car keys have ever been able to be copied at a self-service kiosk.

  • Dollar General promotes Rhonda Taylor to exec VP

    Goodlettsville, Tenn. -- Dollar General Corporation announced that Rhonda M. Taylor, currently senior VP and general counsel, has been promoted to executive VP and general counsel.

    “Rhonda is a valuable member of our executive leadership team and is a trusted advisor on legal and business issues impacting Dollar General. In addition, she provides outstanding leadership and I look forward to her continued success at Dollar General,” said Rick Dreiling, chairman and CEO.

  • Natural Grocers partners with Instacart in Denver

    Lakewood, Colo. - Natural Grocers by Vitamin Cottage will provide grocery delivery service to customers in Denver in as little as one hour with the Instacart grocery delivery service. Delivery to Denver metro area residents and businesses begins March 20.

  • NRF proposes solutions to deal with cybersecurity threats, including breach notification law

    Washington, D.C. -- The National Retail Federation on Wednesday presented Congress with what it termed “practical, commonsense and achievable solutions” to better protect consumers and help businesses prevent cyberattacks and data breaches, including passage of a uniform nationwide breach notification law applying to all entities that handle sensitive customer information.

  • Report: Target to raise minimum wage

    New York -- Target Corp. will raise its minimum wage to $9 per hour, with the change effective in April, according to a report late Wednesday afternoon by Dow Jones.

    The move comes after several other major retailers, most recently Walmart and TJX Cos., unveiled similar wage hikes. It also comes amid a tightening job market.

  • NRF asks Congress to overturn union regulation

    Washington, D.C. - The National Retail Federation (NRF) has formally asked the House to approve legislation that would overturn a National Labor Relations Board(NLRB) regulation allowing what it terms “ambush” union organizing elections, saying the rule infringes on employee and employer rights and is an attempt to favor union organizing. The Senate approved the legislation earlier this month by a vote of 53-46, and the House is expected to take it up later this week.

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