Retail Roundup—Lamps Plus sells online in Canada, Kohl's hires new CFO

Kohl's store front
Kohl's has hired a new CFO.

Amazon's Whole Foods acquisition may affect warehouse jobs

When Amazon announced the Whole Foods acquisition, analysts were left wondering what the technology would mean for current Whole Foods employees. The most immediate changes will likely be in warehouses, where Amazon will look to automate distribution. (Bloomberg)

Lamps Plus launches Canadian e-commerce

Specialty lighting retailer Lamps Plus announced its e-commerce expansion into Canada. Although customers in Canada have been allowed to purchase from the company online since 1998, this new site is specifically for the Canadian market and marks prices in Canadian dollars. Plus, most orders ship free to Canada from its California distribution center. (Business Wire)

Kohl's hires new CFO

Bruce Besanko has been named the new chief financial officer of Kohl's, starting July 10. He has more than 21 years of financial leadership experience, most recently as COO and CFO at SUPERVALU. (Business Wire)

Millennials believe money buys happiness

More than half of millennials believe the more money someone has, the more happiness they have. And they're optimistic about the future: 51% believe their financial future is secure and just one-quarter are saving for retirement. (MediaPost)

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