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OPERATIONS / SUPPLY CHAIN

  • Board changes at Supervalu in wake of acquisition

    New York -- Supervalu directors Mark Neporent and Lenard Tessler have stepped down from the company’s board of directors as a result of Cerberus-owned Albertsons’ deal to acquire Safeway.

    Neporent and Tessler were both appointed to the Supervalu board in 2013 as designees of Symphony Investors, a Cerberus Capital Management L.P.-led investor consortium. Symphony Investors owns approximately 20.9% of Supervalu’s outstanding common stock, and has the right to designate replacement directors for Neporent and Tessler.

  • NRF: Retail employment drops 6,700 in February

    Washington, D.C. – The National Retail Federation (NRF) calculated retail employment was down 6,700 in February 2014, yet up 205,500 year-over-year. The biggest job losses were seen in electronics and appliance stores, and sporting goods, hobby, book and music stores.

  • The Buckle shuffles leadership

    Kearney, Neb. - Michelle Hoffman has been appointed to the position of VP of sales and Kyle L. Hanson has been appointed to the position of VP, general counsel, and corporate secretary at The Buckle Inc., both effective immediately.

    The company also made the following changes to its leadership team:

  • Report: Multi-state shoplifting ring busted

    Northbrook, Ill. – The U.S. Secret Service has reportedly arrested three members of a family living in Northbrook, Ill., for running a sophisticated shoplifting ring that stole items from stores ranging from Maryland to Texas during the past 10 years.

  • Dunkin’ Brands extends CEO contract through 2018

    Canton, Mass. - Dunkin' Brands Group Inc, the parent company of Dunkin' Donuts and Baskin-Robbins, today announced the extension of Chairman and CEO Nigel Travis's employment contract through December 2018. Travis, 64, whose contract previously ran through December 2016, joined Dunkin' Brands as CEO in December 2008.

  • MinuteClinic, Main Line Health collaborate in Pennsylvania

    Woonsocket, R.I. - MinuteClinic, the retail health care division of CVS Caremark and Main Line Health have signed a clinical collaboration to enhance access to healthcare services at MinuteClinic walk-in medical clinics inside select CVS/pharmacy stores in Southeastern Pennsylvania.

  • Report: Phishing scam targets Netflix customers

    Los Gatos, Calif. – A new phishing scam is reportedly targeting Netflix customers and trying to obtain their financial and personal information. According to the Huffington Post, the scam provides customers with a phony Netflix log-in page that brings them to another fake Netflix page informing them their account has been suspended for unusual activity and providing a fraudulent customer service number.

  • Target CIO resigns; chain to overhaul info security

    New York -- Target Corp.’s chief information office, Beth Jacob, is resigning, effective Wednesday, as the retailer continues to deal with the fallout from its widespread data breach. Jacob has been in the position since 2008.
     
    In a statement released to the Associated Press, Target's president and CEO Gregg Steinhafel said the chain is overhauling its information security and compliance structure.  
        

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