OPERATIONS

Tractor Supply Co. announces succession plan

BY Katherine Boccaccio

Brentwood, Tenn. — Tractor Supply Co. said Thursday that, as part of its planned management succession, current president and COO Gregory Sandfort will assume the role of president and CEO, effective Jan. 1. He will also be appointed to the board of directors at that time.

Current chairman and CEO James Wright will be appointed executive chairman of the board with a one-year term.

Prior to his tenure at Tractor Supply, Sandfort was president and COO of Michaels Stores.

The company also announced that Steve Barbarick has been promoted to executive VP merchandising, from senior VP merchandising in May 2009.

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REAL ESTATE

Katherine Hooker London opens NYC pop-up

BY Katherine Boccaccio

New York — British fashion retailer Katherine Hooker said she will debut her latest collection of coats and jackets this October with the opening of a U.S. pop-up shop in New York City beginning Oct. 5.

The Soho shop is located at 436 West Broadway and will run through Oct. 14. The shop is Hooker’s only brick-and-mortar retail presence outside of her flagship in London’s Chelsea neighborhood.

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News

New insight into the world of supplier audits

BY CSA STAFF

Corporate governance is a familiar topic, especially to Walmart and its suppliers, but the concept of supply chain governance is less well understood.

A global leader in the space, MetricStream, aims to change that. In a nutshell, the frim explains that supply chain governance is about helping organizations streamline and manage their supplier quality and performance while also identifying, mitigating and managing supplier risks for key procurement and manufacturing process.
To shed further light on the topic, MetricStream is out with a new white paper to help clarify the topic and elaborate on implementation challenges and opportunities. The white paper is titled, “Integrated Supplier Audits for Better Supply Chain Governance,” and is available by clicking here.

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