Target to stop selling Amazon’s Kindle line
New York — Target will soon stop selling the Amazon Kindle line of e-readers and tablets.
Target representative Molly Snyder said the company is "phasing out Kindles and Amazon- and Kindle-branded products in the spring of 2012,” in a report on CNNMoney.com.
The retailer has declined to comment on the specific date or the reason that the products will no longer be on its shelves. The chain will continue to sell other e-readers, including the Barnes and Noble’s Nook.
Wal-Mart CEO to be honored with diversity award
Chicago — The Network of Executive Women (NEW) is honoring Michael Duke, president and CEO of Wal-Mart Stores, with its William J. Grize Diversity Hall of Fame Award, on June 28 during Women’s Day at the LPGA in Rogers Ark.
The award, named after the late CEO of Ahold USA, who was an early advocate of industry diversity, is bestowed upon industry leaders who have demonstrated “an enduring commitment to the advancement of women and to creating a diverse and inclusive workplace,” NEW stated.
“Under Mike Duke’s leadership, the world’s largest retail company has promoted talented women to the highest levels,” said NEW president and CEO Joan Toth. “His commitment to gender diversity and inclusion has put a spotlight on the importance and value of developing women leaders and continues to strengthen Walmart’s position in the marketplace.”
Duke will receive the award at Women’s Day at the LPGA, an official event of the Walmart Northwest Arkansas LPGA golf championship.
Raley’s expands space optimization capabilities with Adata
Atlanta — Aldata announced that Raley’s Family of Fine Stores, a California-based supermarket chain, has expanded its use of Aldata Space Automation to create and maintain category- to store-specific planograms for high-volume categories, and, in turn, enable broader vendor collaboration.
With the addition of the Aldata solution, Raley’s expands its existing space optimization capabilities, which already includes Aldata’s shelf planning and web publishing modules, to better enable the company to reduce inventory carrying costs, decrease out of stocks, improve productivity and increase sales.
“With multiple supermarket chains operating throughout Northern California and Nevada, Raley’s needed to move beyond manual planogram creation in order to support high-volume categories across multiple stores,” said Rick McGill, space optimization manager for Raley’s, West Sacramento, Calif., which operates stores under several banners. “With Aldata Space Automation, everyone on our schematic team has software to automate planograms and achieve a much more granular approach to category management than ever before.”