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OPERATIONS / SUPPLY CHAIN

  • Founder of Aldi dies at 94

    New York -- Karl Albrecht, who along with his brother Theo, created the Aldi supermarket chain from a small shop owned by his mother, has died at the age of 94, the New York Times reported.  

    Click here for the full story.

     

  • DHGate.com hires new executive team

    San Francisco - DHgate.com, an e-commerce marketplace focused on cross-border trade of Chinese goods, has hired several new executives. These include COO Noah Herschmann, who previously held management roles at Amazon, Groupon, Asia, Staples China and Tweeter.

  • IBM and Apple: ‘It’s Complicated’ for Retail

    New York -- Greg Buzek, president of IHL, which tracks mobile spending and forecasts for the retail and hospitality markets, offers analysis on the recently announced IBM-Apple partnership:
     
    If IBM and Apple for retail were people on Facebook right now, the relationship status would say “It’s complicated."

  • Rally replaces Market Basket walkout

    Tewksbury, Mass. – Although no promise has been made to rehire ousted CEO Arthur T. Demoulas, a rally at the corporate headquarters of Demoulas Super Markets Inc. is replacing a previously planned employee walkout. Employees of Demoulas’ Market Basket chain had threatened to stage a walkout on July 18 in protest of Demoulas’ removal as CEO in June.

  • Market Basket employees threaten walkout

    Tewksbury, Mass. – A group of Market Basket employees known as “Save Market Basket” have threatened to walk off the job as of 4:30 p.m. ET on July 17 if former CEO Arthur T. Demoulas is not reinstated. Demoulas had been waging a public battle with his cousin Arthur S. Demoulas, a stakeholder and director of the company, about finances when he was fired by Market Basket operator Demoulas Super Markets Inc. in June.

  • Williams-Sonoma taps Children’s Place exec as senior VP global

    San Francisco -- Williams-Sonoma announced the hiring of Ronald R. Young as senior VP global. Young will grow the portfolio of Williams-Sonoma brands outside the United States.

  • Management shake-up at Loblaw and Shoppers Drug Mart

    Brampton, Ontario -- Loblaw Cos. on Thursday announced a series of management changes, including the appointment of Galen Weston, executive chairman, as president, effective immediately. He succeeds Vicente Trius, president since August 2011, who is leaving the company, effective immediately,  for family reasons to return to Brazil.

  • Microsoft to cut 18,000 jobs; focus on smartphone work capabilities

    Redmond, Wash. - Microsoft Corp. is enacting a restructuring plan to simplify its organization and align the recently acquired Nokia mobile devices and services business with the company’s overall strategy. These steps will result in the elimination of up to 18,000 positions in the next year.

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