SAQ Selection/Samsung Electronics Brand Shop
Soft lighting, wooden floors and wall paneling combined with simple slate-grey fixturing make for a warm, inviting and uncluttered setting at SAQ Selection. The 8,200-sq.-ft. wine and spirits store is designed to help customers in their quest for the right purchase, and to make it easy for them to discover new products. Highlights include a color-coded “taste profile chart” at the entrance that serves as the basis for identifying wines throughout the store and a rare-wine cellar complete with a tasting lounge.
The essence of the Samsung brand is infused throughout the design of Samsung Electronics’ new European prototype. Premium materials, such as wood, stone and leather, are paired with a refined and modern design language that provides a mark of differentiation in the competitive consumer electronics market. A brightly colored green wall indicates a specialty zone for interaction with store employees; all other wall surfaces feature a signature Samsung print wallcovering. A floating staircase draws visitors to the second level of the 3,500-sq.-ft. store, where they will find a home-styled vignette, complete with kitchen, outfitted with Samsung products.
Stage Stores says Peebles evp to retire
HOUSTON Stage Stores today announced that Dennis Abramczyk, evp and coo of its Peebles Division, will be retiring after approximately nine years with the company. He will continue to serve in his position until a replacement is found.
Jim Scarborough, chairman and ceo, commented, “We want to thank Dennis for his contributions and service to our company, and we wish him well as he begins this new phase of his life. We will immediately begin a search for his successor, and we are pleased that Dennis will be staying on until the conclusion of our search process, as this will ensure a smooth and orderly transition.”
Home Depot to cut 500 HQ jobs
ATLANTA Home Depot is cutting 500 jobs at its headquarters. According to reports the cuts make up 10% of the 5,000 employees who work at the headquarters.
The cuts are partly due to the struggling U.S. economy, which has hurt market conditions, reports said. Employees were notified of the eliminations today, they will be paid through April 4.
Home Depot reported fiscal 2007 third quarter consolidated net earnings of $1.1 billion, or 60 cents per diluted share, compared with $1.5 billion, or 73 cents per diluted share, in the same period in fiscal 2006.