OPERATIONS

Wal-Mart launches fresh produce initiative

BY Staff Writer

Bentonville, Ark. – Wal-Mart is launching an initiative to increase the amount of fresh produce on its shelves. The effort includes buying produce directly from growers for immediate shipment to stores, performing independent weekly fresh produce checks at stores and providing fresh produce training for associates.

Wal-Mart has hired produce experts to work directly with farmers in the key growing regions where the company has produce-buying offices and is also offering a 100% money-back guarantee if produce is not fresh. The company previously promised to double its sales of locally grown produce by December 2015.

"Empowering our associates with the tools to guarantee our produce quality is a critical component to our 100% money-back guarantee," Jack Sinclair, executive vice president of the food business for Walmart U.S. "These efforts, combined with the weekly produce checks and operational changes, will ensure our customers bring home the freshest fruits and vegetables."

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OPERATIONS

Value City launches social media contest

BY Staff Writer

Columbus, Ohio — Value City Furniture and American Signature Furniture are launching a social media contest to promote their new e-commerce sites. Customers can win prizes for sharing favorite items from the retailers’ websites and sharing them on the Facebook, Twitter, Google Plus, Instagram and/or Pinterest accounts. Customers can enter through any or all of these social networks through July 1. The retailers, owned by American Signature Inc., are giving away up to $10,000 in free furniture as part of the contest.

“We’re always trying to give our customers the best experience possible," says Steve Haffer , executive VP of e-commerce for American Signature, Inc. "We believe purchasing online will make the furniture buying process a lot easier."

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FINANCE

QVC names Jastrzebski CFO

BY Staff Writer

West Chester, Pa. — QVC has appointed Ted Jastrzebski to the position of CFO. Jastrzebski, who will assume his new role in July 2013, will oversee QVC’s financial operations, reporting to Mike George, president and CEO of QVC. He spent the last eight years in global leadership positions at The Hershey Company, most recently serving as senior VP and president of Hershey Americas.

“Ted is a great addition to the QVC team," said George. "With more than 20 years of business and financial leadership experience, he will be an impactful addition to QVC’s already-strong leadership bench. We look forward to leveraging his extensive multi-national expertise as we continue to implement our global growth strategy."

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