Minneapolis -- Best Buy Co. announced Wednesday that its president of digital operations Stephen Gillett is leaving the company to take a COO post at computer security company Symantec, effective Friday. Best Buy said that Gillett’s responsibilities...
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CAMP HILL, Pa. — Rite Aid beat analyst expectations in third quarter 2013 as the generic wave and retention of Express Scripts customers helped drive better-than-expected adjusted EBIDTA and produced the company's first profitable quarter in five years....
_ ST. PETERSBURG, Fla., Dec. 20, 2012 (GLOBE NEWSWIRE) -- Interactive multichannel retailer HSN, Inc. announced today that Ann Sarnoff has been appointed to its Board of Directors and will serve on the Compensation and Human Resources Committee. Ms....
Fremont, Calif. -- Men's Wearhouse said Wednesday that menswear designer Joseph Abboud has been named the company's chief creative director. According to the company, Abboud will leverage his industry and design knowledge to work directly with Men's...
Fifteen container ports along the East and Gulf Coasts — stretching from Maine to Texas — will immediately shut down if an agreement isn't made between the International Longshoremen's Association, which represents dockworkers, and the United States Maritime Alliance, which represents terminal managers. The two sides have been negotiating a new labor contract for months, with the assistance of federal mediators, but their talks recently broke down, signaling that a coastwide supply chain disruption is imminent. The last time these ports experienced a strike was 1977.
Third quarter same store sales at Bed Bath & Beyond were negatively affectivd by Hurricane Sandy, but the nation’s leading home good retailer still managed to grow profits. Sales increased 15.3% to $2.7 billion, largely due to two acquisitions earlier...
Atlanta -- Aaron's announced Thursday that David L. Buck and Tristan J. Montanero have each been promoted to SVP operations, effective Jan. 1. Buck was previously VP southwestern operations, and Montanero was VP central operations.
Bentonville, Ark. -- Wal-Mart Stores Inc. announced Thursday it has promoted Karen Roberts to EVP and general counsel, effective Feb. 1. Roberts’ predecessor Jeff Gearhart will focus his efforts on global compliance as Wal-Mart continues to deal with...
New York – Jan. 3 promises to be the longest day of the year for UPS employees as they process a record level of returns to retailers. According to UPS estimates, package shipment volumes will reach a record level of 520,000 returns to retailers on Jan....
Former Target EVP of stores Troy Risch and former Sam’s Club SVP and GMM Huey Long have joined RadioShack. Risch will serve as EVP of operations at RadioShack and oversee the company’s network of 4,700 stores and 1,500 wireless phone centers in the...