With summer more than halfway over, we're deep into the season…the back-to-school season that is. Trends this year point to a shift in where BTS spending will be directed— a new retailer is taking over the top spot from Walmart and the BTS shopping season is expected to extend past August.
Walmart is making moves within its executive merchandising team with a focus on improving sales in China. Marybeth Hays (right), who was senior VP of home for Walmart U.S., was promoted to chief merchandising and marketing officer for Walmart China. Rick Hays is also moving to China as his role switches from VP of hardware and paint to VP of general merchandise for Sam's Club China. Story
Sears Holdings hired a new president of hardlines, Lynn Pendergrass (left), from Johnson & Johnson. She will oversee the Kenmore, Craftsman and DieHard business unit as well as the hardlines partners, home appliances, lawn and garden, tools and Sears Auto Centers. Pendergrass was the worldwide chairman for Johnson & Johnson's consumer business for the past year. Pendergrass worked for HP for eight years, and also spent over 20 years at GE, including president and CEO from 2005 to 2007. Story
Amazon is often the center of attention in the retail industry, but a story this weekend in the The New York Times has folks talking for reasons that have little to do with innovation, faster delivery or a sales event. Instead, it focused on the work conditions at the corporate offices of one of the most coveted employers.
The NYT spent six months profiling close to 100 former Amazon employees. The resulting profile is a company filled with relentless workaholics and a corporate culture where data is prized more than the human elements. Story
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