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OPERATIONS / SUPPLY CHAIN

  • Saks: Changes at the top as company veteran Marc Metrick named president

    New York -- There’s been a change at the top at Saks Fifth Avenue. On Thursday, Saks parent company Hudson’s Bay Company announced that company veteran Marc Metrick, 41, is replacing Marigay McKee as president of Saks Fifth Avenue, effective April 2, 2015. It’s a return of sorts for Metrick, who is HBC’s executive VP and chief administrative officer. He spent the first 15 years of his career at Saks Fifth Avenue, ultimately becoming its chief strategy officer, before joining the leadership team of HBC in 2012 as chief marketing officer.

  • Walmart CEO takes firm stance against ‘religious freedom’ bill in Arkansas

    New York – Arkansas native and Walmart president CEO Doug McMillon has taken a firm stance against a “religious freedom” measure passed by the Arkansas House on Tuesday. The bill (HB1228) is similar to the one that has kicked up a firestorm in Indiana.

  • Obama creates sanctions for cybercriminals

    Washington, D.C. – President Barack Obama has signed an executive order creating sanctions for cybercriminals who engage in crimes against the U.S. from foreign locations. The order allows the U.S. to impose sanctions on individuals who harm critical infrastructure, damage computer systems, or steal trade secrets, and sensitive information through cyberattacks based outside the U.S.

    The order does not specify what type of sanctions can be imposed.

  • Report: Wal-Mart seeks lower supply chain costs, expanded grocery

    New York – Wal-Mart Stores Inc. is reportedly asking suppliers to cut their product costs and also seeking to expand its grocery business. According to the Wall Street Journal, Wal-Mart is recommending that suppliers forego investing in joint marketing programs with the retailer and use that savings to reduce the price Wal-Mart pays for their goods.
     

  • IBM brings the weather to retailers; teams up with parent of Weather Channel

    Armonk, N.Y. – The weather is traditionally a topic for conversation when there is nothing else to discuss, but for retailers knowing what the weather will be is a vital concern. IBM and The Weather Company, parent company of the Weather Channel, are partnering to integrate real-time weather insights into business to improve operational performance and decision-making.

  • IHL study links in-store WiFi to increased customer loyalty, sales

    Atlanta -- Deployment of in-store Wi-Fi had the most significant positive impact on retail sales and loyalty of any technology initiative, according to a survey by IHL Group. Almost half of the participating retailers claimed increased customer loyalty due to deploying in-store employee Wi-Fi, with an associated 3.4% increase in sales. One-third of retailers (28%) reported increased customer loyalty due to deploying in-store customer Wi-Fi, with an associated 2% increase in sales.

  • Supervalu lets customers stack coin

    Eden Prairie, Minn. – Supervalu Inc. wants customers to be able to stack some coin. The grocery retailer has added Cummins Allison’s Money Machine 2 self-service coin counters across multiple store locations in Maryland, Missouri, Illinois and Virginia.

    Supervalu selected the new Money Machine 2 coin counters because of their flexibility. Additionally, Cummins Allison provided Supervalu with opportunities to increase their coin redemption revenue without increasing user fees.

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