OPERATIONS

Home Depot names Blue Nile co-founder to board

BY Staff Writer

Atlanta — The Home Depot said Friday it has named Mark Vadon, co-founder of online jeweler Blue Nile, to its board of directors.

Vadon will serve on the audit and finance committees. His appointment gives the company 11 directors, 10 of whom are independent.

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Sep-24-2012 11:49 am

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M.Strom says:
Sep-24-2012 11:49 am

I heard Blue Nile’s Co-Founder Started a Private-Sale Site. Created a new Customer Group - children’s clothes from organic cotton. contractor

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REAL ESTATE

Report: Wal-Mart looks to open first India store within 18 months

BY Katherine Boccaccio

New Delhi, India — A Friday report by the Wall Street Journal disclosed that Wal-Mart Stores Inc. expects to open its first retail stores in India within the next 12 to 18 months.

In an interview with WSJ, Scott Price, Asia president and CEO of Wal-Mart, said that the retailer has not pinpointed where the first stores will be located or ultimately how many there will be. But the latest decision handed down by the Indian government allowing megastore retailers to enter the country via joint ventures paved the way for the impending openings.

Price told WSJ that the company expects to continue its current partnership with India’s Bharti Enterprises in a chain of 17 cash-and-carry stores, but it is not in discussions with any other companies for a potential retail partnership.

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Apr-10-2013 07:33 pm

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Apr-10-2013 07:33 pm

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Mar-28-2013 09:53 am

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T.Shi says:
Mar-28-2013 09:53 am

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Jan-31-2013 02:22 am

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T.Bowen says:
Jan-31-2013 02:22 am

Yeah, I heard this report a while ago and people are really expecting about the opening of their first retailer stores in India that expected to open more or less 18 months. But they are having a small problem with the Indian government because they are allowing megastore retailers to enter the country via joint ventures paved the way for the impending openings.-αγορά χρυσού I'm not so familiar with the Indian government but I'm still searching for an idea about their government rules. Hopefully, the retailer stores of Wal-Mart Stores Inc. will be open soon. ασήμι Teresa Bowen

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OPERATIONS

Costco and Macy’s take home World Retail Awards

BY Marianne Wilson

New York — Two U.S. retailers took home top honors at the 2012 World Retail Awards in London, with Costco Wholesale Club named “Retailer of the Year,” and Macy’s recognized as “Multichannel Retailer of the Year.” The awards were announced as part of the 2012 World Retail Congress.

In other awards, Ikea was presented with the “International Retailer of the Year” award, and Charlie Mayfield, chairman of John Lewis, was given the “Outstanding Leadership” award, Marks & Spencer and Woolworths South Africa were joint winners of “Responsible Retailer of the Year” award.

The “Store Design of the Year” award went to Fangsuo Commune, in Guangzhou, China. The “Emerging Market Retailer of the Year” award went to Turkey’s biggest consumer electronics retailer, Teknosa.

The co-sponsors of the 2012 World Retail Congress are Deloitte and Mastercard.

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Mar-29-2013 07:12 pm

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Mar-29-2013 07:12 pm

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