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OPERATIONS / SUPPLY CHAIN

  • Senator calls for Lumber Liquidators investigation

    Toano, Va. – Sen. Bill Nelson (D-Florida) is publicly calling for federal agencies to investigate the formaldehyde levels in wood flooring sold at Lumber Liquidators Holdings Inc. Nelson, highest-ranking Democrat on the Senate Committee on Commerce, Science and Transportation Committee, sent an open letter to the heads of Consumer Product Safety Commission, Centers for Disease Control and Prevention and the Federal Trade Commission.

  • Report: Best Buy services president will leave company

    Minneapolis – Christopher Askew, president of Best Buy services, is reportedly leaving the company. According to the Wall Street Journal, Askew is leaving his post overseeing Best Buy’s Geek Squad technology services offering less than two years after he was hired from NCR Corp.

    An internal company memo indicates CEO Hubert Joly will oversee the services organization on an interim basis. Best Buy confirmed the memo. The retailer has been expanding its showroom floor space as services sales have been declining.
     

  • Study: POS technology alive and well; North American shipments up 5%

    Franklin, Tenn. – The boring old POS terminal may not be so boring after all. According to new research from IHL Group, North American POS shipments grew by 5.2% year-over-year in 2014, a time when many were calling for a reduction in shipments due to mobile.  

  • Advance Auto Parts names supply chain exec

    Roanoke, Va. -- Advance Auto Parts announced that Todd Greener has been appointed senior VP, supply chain.

  • '60 Minutes' expose sends Lumber Liquidators shares tumbling

    New York -- The "60 Minutes" episode alluded to in last week's Lumber Liquidators earnings conference call was apparently more damning than some analysts expected.

    As a result, the company's shares tumbled Monday morning, with pending news prompting a pause in trading that resumed again after the stock price fell more than 24%.

  • Petland hires former Walmart exec as VP of corporate stores

    Chillicothe, Ohio -- Petland has appointed former Walmart exec Tony Samples as VP of corporate stores. Samples will lead Petland's retail store division and oversee the company's merchandising and marketing efforts.  

    "Tony brings extensive retail experience to Petland at a time when Petland is expanding its retail footprint," said Petland president and CEO Joe Watson.

  • Gap names Victoria’s Secret ‘Pink’ creator as new design chief

    San Francisco  -- Gap Inc. is looking to add a little pink magic to its product design — and is bringing back a company veteran to do it. The retailer has named Wendi Goldman, creator of Victoria’s Secret “Pink” marketing/merchandising campaign, as executive VP of product design and development, effective March 16.

  • Blue Nile names private equity exec to board

    Seattle - Blue Nile, Inc. has added Robert van Schoonenberg to its board of directors, effective Feb. 23. van Schoonenberg is chairman and CEO of BayPoint Capital Partners LLC, a private equity firm, and a co-managing partner of AmeriCap Partners LLC, a growth capital investment firm.

    Prior to sale of the company to a strategic investor in June 2010, he was an investor in and served as chairman of Premiere Entertainment LLC, a company in the business of digital broadcast production.

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