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Dots names former Wal-Mart exec as new CEO, unveils plans to grow to 1,000 stores

BY Katherine Boccaccio

Glenwillow, Ohio — Fashion retailer Dots announced Tuesday it has named former Wal-Mart Stores senior VP Lisa Rhodes as its new CEO.

Rhodes, who led Wal-Mart’s U.S. apparel merchandising division, has been charged with leading Dots’ march toward 1,000 stores, also announced Tuesday.

Prior to her role at Wal-Mart, Rhodes was executive VP and chief merchandising officer for Maurice’s.

Rick Bunka will remain president at Dots, overseeing the balance of the corporate support functions at its Ohio headquarters, where the company’s store operations, distribution, financial, human resources, and information technology segments will remain. The retailer also announced plans to create a Dots merchandise center in New York City.

"These moves are a bold step to propel Dots into a true national retailer,” said Bunka.

Dots currently has more than 400 stores in 28 states. Irving Place Capital made an investment in the company in January 2011.

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CVS/pharmacy joins Shopkick as inaugural retail pharmacy partner

BY Antoinette Alexander

Palo Alto, Calif. — Shopkick, a shopping application that rewards shoppers for walking into stores and interacting with products, has teamed up with CVS/pharmacy to roll out a first-ever offering of walk-in and other rewards at a retail pharmacy, Shopkick announced on Tuesday.

The program kicks off with a special offer, kicking $5 back to shoppers who visit participating CVS/pharmacy locations with the Shopkick app. 



“The CVS/pharmacy partnership with Shopkick is another exciting step in our ongoing efforts to expand our mobile capabilities for our digitally minded customers,” stated Rob Price, CMO for CVS/pharmacy. “We’re looking forward to working with Shopkick and to delivering on our goal of creating the most personalized and accessible shopping experience for our customers.”
 


CVS/pharmacy customers will receive Shopkick’s cross-retail currency “kicks” for walking in to 1-of-150 stores throughout the San Francisco Bay area, and will receive special offers and opportunities to interact with partner brands throughout their shopping experience. CVS/pharmacy customers will also receive additional kicks when they make a purchase with a MasterCard or Visa card through Shopkick’s “Buy & Collect” program.
 


CVS/pharmacy customers can also redeem kicks for CVS/pharmacy gift cards in the Shopkick Rewards Mall. 


To provide rewards to shoppers actually walking in stores, the Shopkick app detects a Shopkick signal, emitted from a patent-pending device located in each participating store and picked up by a shopper’s smartphone handset. Because the store is focused on rewarding actual visitors, it then delivers “kicks” via the app, which can be collected at all participating partner store locations. Kicks are redeemed for in-store gift cards, song downloads, movie tickets, Facebook Credits, donations to charities and more.

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Quaker Steak & Lube on track to open 11 restaurants in 2012

BY Katherine Boccaccio

Sharon, Pa. — Casual-dining chain Quaker Steak & Lube said Monday it has opened its 50th restaurant in Lakewood, Ohio, and is on track to open 10 additional restaurants this year. The brandalsowill be expanding to six new markets with five franchise groups over the next several years.

"Over the past six months, we signed agreements to develop 11 new restaurants around the country, including three corporate locations in Texas," said John Longstreet, president and CEO.

A multi-unit franchise agreement was signed with Blue Sky Development to develop three franchised restaurants in Fargo, N.D., and Rapid City and Sioux Falls, S.D. The company also announced plans to develop one new franchised restaurant in Waco, Texas, this fall, three corporate-owned locations in Dallas-Ft. Worth by 2014, and an area development agreement for three new franchised restaurants throughout Philadelphia over the next several years.

Additionally, restaurants are planned to open later this year in New Jersey, Kentucky, South Carolina, Ohio, and Pennsylvania.

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Jan-15-2013 09:26 pm

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R.Ponting says:
Jan-15-2013 09:26 pm

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