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Walmart is the key customer for many companies, and a large number of them have established offices in Northwest Arkansas—an estimated 1,500 at last count. Tyco Retail Solutions took the branch office concept one step further this week and opened a 5,000 sq. ft. Retail Experience Center for Walmart in Bentonville.
Gilt Groupe, a flash-sale e-commerce retailer, saved 85 percent on data storage costs by switching to an enterprise storage-as-a-service system. The system gives Gilt the agility to support its rapid business growth, which was lacking in its legacy system.
In a move as idiosyncratic as the company itself, Google announced a restructuring this week, creating a new parent company, called Alphabet. The two business entities established include the now slimmer Google subsidiary, which will continue to focus on the firm's search and advertising business, and the Alphabet holding company, now home to Google and ventures farther afield from the core endeavor.
Former Kohl's CIO Janet Schalk announced she is leaving to join Hudson's Bay Company as CIO. Kohl's is suing her based on a noncompete clause in her contract that bars her from working in a similar position with a competitor for one year.
Jason Buechel is the newest member of Whole Foods Market's executive team after being promoted from global VP and CIO to exec-VP and CIO. He remains responsible for all aspects of information technology.
CVS Health has a new partner for its care management services: IBM's Watson computing platform, which will provide predictive analytics for patients with chronic disease. The partnership will enable health care practitioners to use Watson to advance care management beyond the programs and services that are typically available today. Story