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OPERATIONS / SUPPLY CHAIN

  • Best Buy exchanges gift certificates for iPads

    Minneapolis – Today and tomorrow, Best Buy is running a special promotion where consumers can bring in a working iPad 2 or third-generation iPad and receive a gift card worth $200 or more depending on model and condition of the iPad. As reported by All Things D, returns must be performed at a Best Buy store location and the gift card will be good for in-store or online Best Buy purchases.

  • Accenture globalization report finds emerging market retailers on the move

    New York -- The growing appeal of smaller format stores and the increasing number of international moves by emerging market retailers are two of the key trends revealed in the Accenture Globalization Index, Quarter One 2013.

  • Walmart pulls plug on three stores after D.C. Council OKs wage bill

    New York -- Walmart said it was walking away from its plans to build three stores in Washington, D.C., after the city council passed a bill on late Wednesday setting a higher minimum wage for large retailers.

    ”This was a difficult decision for us — and unfortunate news for most D.C. residents — but the Council has forced our hand,”  said Wal-Mart spokesman Steven Restivo in a statement released after vote, which passed 8 to 5.

  • Report: Market Basket CEO faces termination by family-run board

    Boston -- A report by the Boston Globe revealed that the fate of Market Basket CEO Arthur T. Demoulas lies in the hands of the grocery chain’s board of directors, as members are posted to fire Demoulas at a meeting of the board next week.

    A longtime family feud has split the board in two, and both sides of the family-owned Demoulas Super Markets Inc. will face off in a meeting on Thursday, July 18, to determine whether or not Demoulas will be removed from office.

  • British grocer Morrisons says it will close gap on rivals by 2015

    London -- Wm Morrison Supermarkets said Thursday it will have the technology systems, online presence and c-store counts by 2015 to significantly close the gap on its closest competitors.

    Britain’s No. 4 grocer trails Tesco, Wal-Mart's Asda and J Sainsbury in annual sales. Its CEO Dalton Philips is optimistic about the chain’s ability to compete. “I've only been here three years,” he told Bloomberg. “There was no plan for online, there was no plan for convenience and we had systems, which were 20th century.”

  • Kay Jewelers leverages Facebook for wedding ring promotion

    Akron, Ohio -- Kay Jewelers said it has teamed with wedding site The Knot to launch an interactive wedding ring style quiz on Facebook.

    As part of the promotion, consumers visit The Knot or Kay Jewelers on Facebook and answer questions about personal style and wedding ring preferences. Once complete, participants will receive their wedding ring personality types along with brand suggestions, and will be entered into a sweepstakes to win a pair of wedding bands from Kay.

  • Burger King expands home delivery to Salt Lake City

    Miami -- Burger King Worldwide said that it has now added Salt Lake City to the list of markets employing home-delivery.

    "BK Delivers is already performing well in Boston, New York, Miami, Houston, Los Angeles, Chicago, San Francisco Bay Area, Las Vegas, Sacramento, greater Washington, D.C., Phoenix and Denver,” said Petru Pusta, director retail innovation, Burger King Worldwide. The program allows consumers in each delivery zone to customize and order Burger King menu items by phone or online.

  • PriceGrabber names new president

    Los Angeles -- Online shopping content provider PriceGrabber announced it has appointed Jeff Goldstein as its president, charged with leading the new division of CPL Holdings that was created from a management-led buy-out from Experian.

    Jeff Goldstein previously was managing partner at BGT Capital, an investment and advisory firm focused on the digital media and ecommerce sectors where he advised CPL Holdings.

     

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