OPERATIONS

Wet Seal names Clinton Group nominee as chairman

BY Katherine Boccaccio

Foothill Ranch, Calif. — Wet Seal Inc. said Wednesday it has named Clinton Group nominee Lynda Davey as chairman of the board. Davey is the former chairman and CEO of Avalon Group Ltd. and will replace the recently departed Harold Kahn.

The announcement follows earlier news that four Clinton Group nominees joined the Wet Seal board of directors: Davey, Dorrit Bern, Mindy Meads and John Mills.

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OPERATIONS

Shopko names interim CEO

BY Katherine Boccaccio

Green Bay, Wis. — Shopko Stores announced Wednesday that Mike Bettiga has been named interim CEO to replace Paul Jones, who resigned to pursue another opportunity.

Bettiga is a 35-veteran of the company, and most recently served as executive VP and COO. Shopko is owned by private investment firm Sun Capital Partners.

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OPERATIONS

Wal-Mart testing same-day delivery for holidays

BY Katherine Boccaccio

Bentonville, Ark. — Wal-Mart Stores said Tuesday it is testing same-day delivery service in four markets over the holiday shopping season.

The service is being tested in northern Virginia, Philadelphia, Minneapolis and San Francisco/San Jose, Calif. Geared toward customers who buy popular items online during the holidays, the test includes about 5,000 items and builds on a same-day grocery delivery service the retailer launched in San Jose in April 2010 and tested in San Francisco in 2011.

According to Wal-Mart spokeswoman Amy Lester, the company has no immediate plans to roll out the service to other stores. "This is truly to learn and better understand what our customers want," Lester said.

To use the service, customers can place orders up until noon and then choose a four-hour window to receive the delivery the same day. Wal-Mart is using UPS delivery trucks to deliver the merchandise. For the San Francisco and San Jose markets, shoppers have to order by 7 a.m. that day to receive those items. Wal-Mart is using its own delivery trucks in those two regions.

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Dec-22-2012 07:00 pm

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M.Fourcall says:
Dec-22-2012 07:00 pm

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Nov-13-2012 06:02 am

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M.Fourcall says:
Nov-13-2012 06:02 am

I would like to thank you for your nicely written post, its informative and your writing style encouraged me to read it till end. Thanks Bill

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