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OPERATIONS / SUPPLY CHAIN

  • BDO report: Retailers rate economy and regulatory as top risks

    Chicago -- General economic conditions and federal, state and/or local regulations rank as the top two risks facing the retail industry, according to a new report by BDO USA. The report, an analysis of the risk factors listed in the most recent 10-K filings of the largest 100 public U.S. retailers, found that federal, state and local regulations have increased as a risk among the nation’s largest retailers.

  • Kohl's names Starbucks' exec chief customer officer

    Menomonee Falls, Wis. -- Kohl’s has appointed Starbucks executive Michelle Gass to the newly created position of chief customer officer. She will report directly to Kohl’s chairman, president and CEO Kevin Mansell.

    Gass, who joins Kohl’s on June 17, will have leadership responsibility for Kohl’s branding across all channels. She will oversee all marketing efforts, the company’s high growth e-commerce business on Kohls.com and the customer’s total omnichannel experience.

  • Wal-Mart hires Hill+Knowlton exec and former Bush advisor as VP of corporate affairs

    Bentonville, Ark. -- Walmart announced that Dan Bartlett will become the company's new executive VP of corporate affairs in late June.  Bartlett, 41, most recently served as president and CEO of the U. S. arm of Hill+Knowlton Strategies, a global business advisory firm serving corporations, non-profits and associations in 52 countries.

  • Target tests video streaming service

    Minneapolis – Target Corp. is testing a video streaming service with internal employees. Called Target Ticket beta, the service features 15,000 movies and TV shows for digital download.

    The service, which is password-protected, presumably is designed to compete with Netflix and Hulu, among other digital video platforms.

     

  • Parago study: Shoppers seek deals

    Lewisville, Texas – Today’s shoppers are more price-conscious and in search of deals than ever before, according to a new study from digital rewards provider Parago.

  • Regulation leads public retailer risks

    Chicago – Almost all of the top 100 public retailers (97%) consider federal, state and local regulations as a risk factor, according to a new analysis of 10K filings from the largest 100 U.S. public retailers by BDO, LLP. Only general economic conditions (100%) was cited by more retailers, and this marks the highest percentage of public retailers citing regulations as a risk in the seven years BDO has been performing this analysis.

  • Smashburger plans expansion, possible IPO

    DENVER -- Fast food hamburger chain Smashburger plans to more than double its nationwide store count to about 500 in the next few years. The chain currently runs about 200 locations across the US.

    According to public comments from Smashburger chariman and CEO Dave Prokupek, the chain may also launch a US IPO at some point in the future. “The idea of good food fast isn’t going to go away anytime soon,” said Prokupek.

     

  • Rite Aid appoints Bodaken to board of directors

    CAMP HILL, Pa. — Bruce G. Bodaken, former chairman, president and CEO of Blue Shield California, been named to the Rite Aid Corporation board of directors. Bodaken, 61, served with Blue Shield for 18 years, including 12 in his most recent role, and currently serves as director and audit committee chairman of WageWorks, Inc. He is also a member of the Institute of Medicine’s Roundtable on Value & Science-Driven Health Care.

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