OPERATIONS / SUPPLY CHAIN

Talbots, JDA Software team toward inventory improvements
Kronos Index: Holiday hiring lagging behind last year
Report: U.S. jobless claims fell last week to lowest level since July
Consumer survey: Most shoppers plan to spend same or more during holidays
Walmart names senior VP
Report: BJ’s close to hiring adviser for possible sale
Walmart names senior VP

Bentonville, Ark. -- Wal-Mart Stores announced Wednesday that it has promoted Jeff Davis to the position of senior VP and treasurer, effective Dec. 1.

In his new role, Davis will assume responsibility for treasury operations, capital markets, investor relations and risk management. Davis succeeds Charles Holley, who has been named to the position of executive VP and CFO, also effective Dec. 1.
Former Kmart head to settle SEC case for $5.5 million

J.C. Penney launches new growth brands division