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OPERATIONS / SUPPLY CHAIN

  • Update on EMV migration

    EMV adoption by consumers is on the rise, even as merchants are struggling to catch up.

    Those are among the key findings of a survey by Ingenico Group, which found that 60% of U.S. cardholders have received EMV cards from their banks/card issuers.

    Out of the U.S. cardholders who have both EMV and magstripe cards, 54% prefer magstripe cards over EMV cards, with 44% attributing their preference to habit.

    For more, click on the infographic below:

  • JPMorgan Chase exec joins Nordstrom board

    Nordstrom is adding some financial expertise to its board with its latest appointment.

    The Seattle-based retailer has appointed Gordon Smith, CEO of Consumer and Community Banking at JPMorgan Chase, to the company's board of directors. The addition of Smith brings the total number of directors to 15 and the number of independent directors to 12. Nordstrom directors serve one-year terms and the company requires annual elections of all Board members. Smith will join the Compensation and Corporate Governance and Nominating Committees.

  • Sports Authority vet leaves for Ollie's Bargain Outlet

    Ollie's Bargain Outlet Holdings Inc. is looking to a Sports Authority executive to fill the newly created position of senior VP of finance and chief accounting officer.

    The company has named Jay Stasz to the position, which will report to John Swygert, Ollie's executive VP and CFO.

  • KronosWorks: Improving employee scheduling top retail priority

    When it comes to workforce management, retailers are focusing on optimizing scheduling.

    The need for automated and even employee-driven scheduling was a coherent theme in presentations and interviews given by several retailers during the KronosWorks 2015 conference in Las Vegas. In an address during the opening keynote session, Mike Zorn, senior VP of associate and labor relations at Macy’s Inc., discussed the importance of scheduling to employee morale.

  • Kohl's names Walgreens exec as COO; hints she could become CEO

    Kohl’s has named Walgreens' former digital and chief marketing officer to the newly created role of COO and indicated she could eventually replace Kevin Mansell as CEO.

    Kohl’s named Sona Chawla to the newly created position of COO, which might as well stand for chief omnichannel officer given her range of responsibilities and most recent experience at Walgreens. She will report directly to Kohl’s chairman, president and CEO Kevin Mansell.

  • Report: Fast-food CEO says company will adjust to wage increases

    The CEO of Popeyes, Cheryl Bachelder, believes it’s time to move past the debate involving minimum wage increases, Fortune reported. “We will adjust to increased costs just like we have before. Life will go on,” Bachelder said. [Fortune]

  • Retail Loss Prevention Resolutions for 2016 and Beyond

    With 2016 upon us, most everyone is thinking about the New Year’s resolutions they have in place for the upcoming year. The perennially popular resolutions range from losing weight to getting out of debt.

    If you look closely, the resolutions could mirror goals that retailers may want to consider in 2016, especially as it relates to loss prevention (LP).

  • Health insurance executive joins Lowe's board

    Lowe's has appointed an executive of the health insurance industry to its board of directors.

    The retailer said that its board of directors has appointed Bertram L. Scott, 65, to the board, effective immediately. The announcement brings Lowe's board of directors to 12 members, 11 of whom are independent.

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