IBM acquires Emptoris to expand supply chain initiative
Armonk, N.Y. — IBM said Wednesday it has completed its acquisition of Emptoris Inc., expanding IBM’s cloud-based analytics offerings that provide supply chain intelligence, or smarter commerce.
“Developing the right procurement strategy and an adaptive supply chain are keys to achieving the business objectives of smarter commerce,” said Craig Hayman, general manager, IBM Industry Solutions. “Together, Emptoris and IBM’s integrated solutions will transform how clients manage compliance and mitigate supply risk.”
With this acquisition, IBM builds on its capabilities in the procurement aspect of smarter commerce and extends it to a new line of c-suite executives – chief procurement officers.
With the closing of this acquisition, approximately 725 Emptoris employees will join IBM’s software group.
Jewel-Osco honors African American vendors during Black History month
ITASCA, Ill. — Supervalu-owned Jewel-Osco, has announced that it will celebrate Black History Month this February with its 13th annual “A Taste of Black History” program, a month-long initiative to honor the contributions of Jewel-Osco’s African-American vendors and help them build on their success in the retail food business.
In addition to numerous in-store sampling events featuring African-American vendor products, Jewel-Osco will host a private reception from 6 p.m. to 9 p.m., on Thursday, Feb. 16, at Chicago’s South Shore Cultural Center, 7059 S. South Shore Drive.
As part of the reception, NBC 5 Chicago entertainment reporter LeeAnn Trotter and WVON 1690 AM radio show host Matt McGill will emcee a special presentation, during which Jewel-Osco will award a total of $20,000 in grants to four community organizations:
Martin Temple A.M.E. Zion Church—Hunger Relief Award for its Spoonful of Hope Soup Kitchen
Fellowship Missionary Baptist Church—Hunger Relief Award for its Community Table Food Pantry
GreenNet Chicago—Environmental Stewardship Award
Girls in the Game—Nutrition Education Award
“Our African-American vendors are important members of the Jewel-Osco family, and they are vital to our success,” said Brian Huff, president of Jewel-Osco. “We want to thank them for helping us meet the diverse needs of our customers every day, and we hope consumers recognize that by purchasing African-American vendor products they are supporting these of our customers every day, and we hope consumers recognize that by purchasing African-American vendor products they are supporting these wonderful entrepreneurs.”
Target wins “The Fray” for exclusive music
MINNEAPOLIS — Target scored another exclusive album deal, this time with The Fray. The company announced that it is partnering with The Fray on the release of the exclusive deluxe edition of their third album, “Scars and Stories.” The deluxe edition of “Scars and Stories” is available now for pre-order at Target.com and will be offered at Target stores nationwide beginning Feb. 7.
The Target deluxe edition of the album features four bonus tracks: an acoustic version of “Streets of Philadelphia,” and three live tracks: “The Fighter,” “You Found Me” and “How to Save a Life.”
“The Fray is a dynamic, unique rock band and the live sound of this album is really spectacular,” said John Butcher, VP entertainment for Target. “We are proud of this partnership, especially because it gives fans of The Fray exclusive live and acoustic tracks they can’t get anywhere else.”
The Fray was formed in 2002 by schoolmates Isaac Slade and Joe King in Denver. While the band’s first single, "Over My Head (Cable Car),” became a top 10 hit in the United States, the band can likely attribute its popularity to being featured on the popular tv series, "Grey’s Anatomy". The show has a way of bringing new artists into the mainstream, and it did so with The Fray’s second single, “How to Save a Life.” The song brought the band worldwide fame and ranked as a top three single on the Billboard Hot 100 chart. The group broke through in 2005 with the debut of their double platinum album by the same name. The group’s second self-titled album, released in 2009, debuted at number one on Billboard charts and was certified gold in the United States, Australia and Canada. It was also nominated for a Grammy Award for Best Pop Vocal Album in 2010.