Tom Ryan, former CVS Caremark CEO, joins private equity firm
Boston — Global private equity firm Advent International announced that Thomas Ryan, former chairman and CEO of CVS Caremark Corp., has joined the firm’s Operating Partner Program. He will advise and work closely with Advent’s investment professionals to identify attractive opportunities and generate post-investment value at retail and healthcare companies globally.
Ryan, who joined CVS Caremark in 1974 as a pharmacist, was appointed chief executive in 1994.
Ikea plugs-in two electrical vehicle charging stations, with more to come
Portland, Ore. — Ikea officially plugged-in two Blink Level 2 electric vehicle charging stations at its Portland, Ore., store as part of its partnership with ECOtality, a leader in clean electric transportation and storage technologies.
The initiative is the first such project for Ikea in the United States. Similar installations aa planned at eight other Ikea stores in the Western United States.
To charge an EV at Ikea Portland, drivers pull into a designated parking spot, swipe their Blink InCard (RFID card), plug the charger into the EV, and then shop while the vehicle is charging.
Kodak enhances retail kiosks
ROCHESTER, N.Y. — Eastman Kodak Company announced that its Kodak Picture Kiosk software will now allow consumers to use images from Facebook to create photo products. The enhanced Facebook application is the flagship feature of the new Kodak Picture Kiosk software version 5.0 currently being rolled out to retailers worldwide, the company said.
“With new applications and the continued explosion in online sharing, Kodak continues to advance what’s possible at retail with breakthrough innovations like social network connectivity, transforming the photo retail experience,” said Larry Trevarthen, VP worldwide marketing retail systems solutions for Eastman Kodak Company. “Kodak pioneered social connectivity at the photo kiosk and we continue innovate to meet consumers’ evolving needs while also expanding profit potential for our retail customers.”
The new software suite also features Kodak SmartFit Technology, which automatically creates a photo book in seconds. SmartFit quickly organizes and places photos in a photo book template, then let’s the consumer decide to print immediately or personalize the Photo Book layout further. The new software also supports customizable captions and an improved photo book project preview that shows virtual pages displayed as they will appear in the actual book.