OPERATIONS

Rite Aid names former Dick’s Sporting Goods exec as CIO

BY Marianne Wilson

Camp Hill, Pa. — Rite Aid has named Matt Lynch, an information technology executive with nearly 30 years’ experience, as senior VP and chief information officer. Most recently, Lynch served as senior VP and CIO for Dick’s Sporting Goods. Before that, he held various executive information technology positions at ShopKo.

At Rite Aid, Lynch succeeds Don Davis, who is retiring from the company after 14 years of service. Lynch will be responsible for all aspects of the drugstore chain’s technology and information operations, including computer systems, network infrastructure, telecommunications and data security.

“Matt is a seasoned information technology professional with diverse business systems’ management and deep retail experience,” said Frank Vitrano, senior executive VP, CFO, and chief administrative officer, Rite Aid. “Additionally, his expertise with advanced systems — spanning all key business functions — will be extremely beneficial to Rite Aid as we continue to enhance our information technology and services platforms to help us achieve our dual goals of delivering a superior customer experience and driving continued growth for our company.”

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FINANCE

Staples to buy retail-focused PNI Digital Media

BY Staff Writer

Framingham, Mass. — Staples Inc. said on Monday that it has agreed to buy PNI Digital Media, Canadian company whose software platform enables retailers to sell such personalized products as photo books, calendars, business cards, documents, wedding invitations, and stationery. The cash transaction is valued at approximately C$73.9 million ($67.5 million).

PNI’s software powers both online and in-store platforms. Its retail clients include Costco and Walmart Canada.

“PNI’s technology gives customers easy access to the best personalized products and related services.” said Damien Leigh, senior VP, Staples Business Services. “As a part of Staples, we expect PNI to continue to innovate on an open platform and share their innovations with both their current customers and with Staples’ Business Services division.”

PNI is expected to operate independently and provide improved service for both its customers and partners by leveraging the strength of Staples. PNI expects to continue growing its customer base with Staples’ support while maintaining the necessary resources to consistently meet its customers’ needs.

"For years, our retailer partners have used our online, in-store kiosk software and mobile apps to successfully drive millions of orders and in-store visits," said Kyle Hall, CEO of PNI Digital Media. "With the support of Staples, we expect to significantly expand the services we offer for our retailers and partners."

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SUPPLY CHAIN

Report: Google expanding same-day delivery service to Manhattan, Los Angeles

BY Antoinette Alexander

New York — Google is reportedly expanding its same-day Google Shopping Express service to Manhattan and Los Angeles, according to the New York Post.

The service strives to make same-day deliveries from Fairway, Walgreens, Target, Costco and other retailers to anyplace in Manhattan for $4.99 per store, the report states.

The article says that the service, first launched in San Francisco last year, will expand to Brooklyn and Queens in the coming months.

The move clearly takes aim at both Amazon and eBay, who are expanding their same-day delivery services to major cities across the country, including New York City.

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