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January 24, 2015

The fourth quarter edition of Walmart Supplier News is now available for viewing.

The fourth quarter edition of Walmart Supplier News is now available for viewing. This digital edition is brought to you by Delta Associates and is available by clicking here. Walmart Supplier News is published quarterly and is your source for insight and analysis of the business issues and trends involving Walmart, its trading partners and service companies.

 

January 23, 2015

Bi-Lo Holdings has turned to a veteran Australian retail executive to take over as president and CEO. 

Bi-Lo Holdings has turned to a veteran Australian retail executive to take over as president and CEO.

The parent company of Bi-Lo, Harveys and Winn-Dixie grocery stores said that Ian McLeod has been appointed president and CEO effective March 2. McLeod succeeds Randall Onstead, who will remain in place through March 2.

January 23, 2015

Target already has famous TV chef GIada De Laurentis selling her products on its shelves, but the retailer is teaming up with another celebrity foodie for a new product line.

Target already has famous TV chef GIada De Laurentis selling her products on its shelves, but the retailer is teaming up with another celebrity foodie for a new product line.

The company said it is launching a Mario Batali coffee range. Caffé Italiano, a collection of Italian-style coffees, will sell at select Target stores nationwide and online at www.target.com. The coffee is a product of a unique collaboration between Batali and Todd Carmichael, founder and CEO of La Colombe, world-renowned specialty coffee roaster.

January 22, 2015

Dollar General CEO Rick Dreiling had planned to retire in a few months, but after Family Dollar shareholder’s snubbed his company’s buyout offer, Dreiling said he’ll stick around a bit longer.

Dollar General CEO Rick Dreiling had planned to retire in a few months, but after Family Dollar shareholder’s snubbed his company’s buyout offer, Dreiling said he’ll stick around a bit longer.

January 20, 2015

The chief executive of Barnes & Noble Inc.’s retail group will retire May 2.

The chief executive of Barnes & Noble Inc.’s retail group will retire May 2.

Mitchell Klipper, will continue to work with the company as a special adviser on real estate and other matters, Barnes & Noble said. The company said it has begun to search for a new retail CEO, and Klipper will help in the process.

January 16, 2015

Leading apparel manufacturer Kellwood has named ex-Barnes & Noble chief financial officer Joseph Lombardi as CEO. 

Leading apparel manufacturer Kellwood has named ex-Barnes & Noble chief financial officer Joseph Lombardi as CEO.

Lombardi joined Kellwood as CFO in 2013, and has three decades of retail experience across a variety of sectors, including apparel.

January 16, 2015

The ability to create an integrated and personalized user experience across all channels is the promise of a new omnichannel grocery solution from Grid Dynamics.

The ability to create an integrated and personalized user experience across all channels is the promise of a new omnichannel grocery solution from Grid Dynamics.

With the supermarket world evolving rapidly and shoppers demanding increased integration between physical and digital, Grid Dynamics released its Omnichannel Grocery Platform as an extension of the SAP hybris ecosystem of solutions. Citing statistics from BI Intelligence, Grid Dynamics said 3.3% of current U.S. grocery spending is online and that figure is projected to increase to 20% by 2018.

January 16, 2015

Home Depot’s CEO Craig Menear will take over as chairman of the board when Frank Blake retires Feb. 2. 

Home Depot’s CEO Craig Menear will take over as chairman of the board when Frank Blake retires Feb. 2.

Menear, formerly head of Home Depot’s retail operations, was named Blake’s successor as CEO in August, and the company said at the time that Blake would remain as chairman. Menear took over the CEO role at the beginning of November.

January 16, 2015

Wet Seal Inc. has become the latest clothing retailer to seek bankruptcy protection as mall-based stores lose business to big-box chains and online merchants.

Wet Seal Inc. has become the latest clothing retailer to seek bankruptcy protection as mall-based stores lose business to big-box chains and online merchants.

The move by Wet Seal comes a week after the struggling teen retailer said it was closing 338 of its stores, leaving it with approximately 173 stores nationwide.

January 15, 2015

Talk about ripping off the Band-Aid. Target Chairman and CEO Brian Cornell moved swiftly and decisively in deciding to exit Canada, however his actions aren’t without precedent.

Talk about ripping off the Band-Aid. Target Chairman and CEO Brian Cornell moved swiftly and decisively in deciding to exit Canada, however his actions aren’t without precedent.

Big Lots took similar action after it entered Canada and last fall, a month after Cornell took the helm, the prospects of Target’s exist from the market were explored in the third quarter edition of Retailing Today’s Target Supplier News publication. This is that story:

January 14, 2015

Etsy, an e-marketplace that specializes in crafts and other artsy items, plans to hold an initial public offering as soon as this quarter, according to Bloomberg.

Etsy, an e-marketplace that specializes in crafts and other artsy items, plans to hold an initial public offering as soon as this quarter, according to Bloomberg.

The decade-old company may seek to raise about $300 million, Bloomberg says, and is working with Goldman Sachs and Morgan Stanley.

January 14, 2015

Staples didn’t have a great year, so Chairman and CEO Ron Sargent won’t accept a $31,000 base pay raise the board of directors had previously approved. 

Staples didn’t have a great year, so Chairman and CEO Ron Sargent won’t accept a $31,000 base pay raise the board of directors had previously approved.

The company announced that Sargent would not accept the 2.5% pay increase, along with several noteworthy governance moves, including the appointment of an independent chair when Sargent retires.

In other board moves, current director and former Toys “R” Us CEO Robert Nakasone is relinquishing his seat to make room for a Google executive.

January 13, 2015

Fred's Super Dollar has turned to a former Family Dollar and CVS executive to become its next president and chief operating officer.

Fred's Super Dollar has turned to a former Family Dollar and CVS executive to become its next president and chief operating officer.

Michael Bloom brings to Fred's more than 30 years of experience in small-box general merchandising, supply chain management and store operations, the company said. Most recently, he served as the president and COO of Family Dollar Stores. 

January 12, 2015

Sam’s Club is taking its efforts to help and recognize small businesses to a new level with a $700,000 grant to SCORE.

Sam’s Club is taking its efforts to help and recognize small businesses to a new level with a $700,000 grant to SCORE.

The American Small Business Championship through SCORE will award 102 small businesses, two in every state and the District of Columbia, for their sacrifice and dedication to the success of their business. The Small Business Champions will receive a $1,000 Sam's Club gift card, an all-expense-paid trip to a training event, SCORE mentoring for one year, and promotion throughout the year to showcase each Champion's story.

January 12, 2015

The Fresh Market is heading into the new year with fresh leadership changes at the top.

The Fresh Market is heading into the new year with fresh leadership changes at the top.

The specielty grocery retailer announced that Craig Carlk, president and CEO, and a member of the board of directors, has left the company and has resigned as a member of the board.

The board has appointed Sean Crane, EVP and COO, as interim CEO while the company evaluates candidates to replace Carlock.

January 12, 2015

After posting stronger than expected holiday sales, Burlington Stores Inc. has named a new chief financial officer.

After posting stronger than expected holiday sales, Burlington Stores Inc. has named a new chief financial officer.

Marc Katz, formerly the company’s EVP of merchandise support and information technology, is replacing Todd Weyhrich, who retired this month.

January 12, 2015

Despite a strong increase in same store sales, Genesco’s CEO says the company remains cautious about the rest of the fourth quarter. 

Despite a strong increase in same store sales, Genesco’s CEO says the company remains cautious about the rest of the fourth quarter.

Genesco Inc. reported that its same store sales, including both stores and direct sales, increased 10% for the quarter-to-date period ended Jan. 3, from the equivalent period last year. Same store sales increased 9% and sales for the company's e-commerce and catalog direct sales businesses increased 25% on a comparable basis for the period.

January 9, 2015

Teens will soon have fewer choices when it comes to shopping for the latest fashions. 

Teens will soon have fewer choices when it comes to shopping for the latest fashions.

Deb Shops announced it has won court approval to launch going-out-of-business sales that will culminate with the closing of nearly 300 stores.

“We thank our many customers and dedicated employees for their tremendous loyalty over the years and are very proud of our associates’ commitment to maintaining the high level of customer service we are known for throughout this transition,” said Dawn Robertson, CEO at Deb Shops.

January 8, 2015

Momentum from Black Friday weekend continued through the holidays for Pier 1 Imports Inc.

Momentum from Black Friday weekend continued through the holidays for Pier 1 Imports Inc.

The home furnishings retailer, which reported a disappointing third quarter in early November, reported an 8.2% increase in December same store sales. CEO Alex Smith said while sales in the third quarter were soft, November sales were strong versus a year ago, particularly over Thanksgiving weekend.

January 8, 2015

Stage Stores is reporting a strong holiday sales season despite predictions from the company’s CEO that December would be very challenging for apparel retailers. 

Stage Stores is reporting a strong holiday sales season despite predictions from the company’s CEO that December would be very challenging for apparel retailers.

The parent company of Beall’s, Goody’s and other stores reported an increase in same store sales of 6.5% for the nine week period ending Jan. 3.

January 7, 2015

Walmart is turning to the head of its Latin American business to take over as CEO of Walmart de Mexico.

Walmart is turning to the head of its Latin American business to take over as CEO of Walmart de Mexico.

Enrique Ostale, who is chairman of the board of the retailer's Latin American business, will take over as Mexico chief executive on Jan. 1. The position will oversee Walmart's operations in Mexico and Central America.

January 6, 2015

Western grocer Save Mart Supermarkets plans to increase its shopper relevance by implementing new technology that ensures the operator of 221 stores prices more strategically, consistently and competitively.

Western grocer Save Mart Supermarkets plans to increase its shopper relevance by implementing new technology that ensures the operator of 221 stores prices more strategically, consistently and competitively.

January 6, 2015

Department stores could be in for a fresh approach from Coach, following its announcement that it will acquire upscale footwear brand Stuart Weitzman.

Department stores could be in for a fresh approach from Coach, following its announcement that it will acquire upscale footwear brand Stuart Weitzman.

Coach will make initial cash payments of approximately $530 million to Sycamore Partners, and, in addition, will pay the firm up to another to $44 million in contingent payments upon hitting “selected revenue targets” over the next three years.

January 6, 2015

It didn't take long for former Walmart de Mexico executive Scot Rank to land a new job.

It didn't take long for former Walmart de Mexico executive Scot Rank to land a new job.

Mexican dairy company Grupo Lala has appointed Rank, the former chief executive officer of Walmart de Mexico, as its new chief executive to replace retiring top boss Arquimedes Celis, the company said.

Celis, who served as CEO for 14 years, will retire on June 30 but continue as a board member at the company, one of Latin America's largest dairy producers.

January 6, 2015

With Chinese-made products suspected in the deaths of more than 1,000 dogs it’s no wonder Petco has removed Chinese-sourced food products from its 1,300 stores.

With Chinese-made products suspected in the deaths of more than 1,000 dogs it’s no wonder Petco has removed Chinese-sourced food products from its 1,300 stores.

Petco announced it has completely removed all China-made dog and cat treats from shelves nationwide, including at Unleashed by Petco stores and online at Petco.com. Petco said the move makes Petco the first national pet specialty retailer to complete this transition.