Marks & Spencer has hired former Southeastern Grocers executive Sharry Cramond as its first marketing director for food and hospitality. Cramond, whose resume also includes stints at Coles Australia and Tesco, will focus on helping the retailer strengthen its food business.
Applied Industrial Technologies' pending acquisition of FCX Performance will expand its fluid power segment while increasing its differentiated specialty capacity. "We believe that distributors like FCX Performance and Applied Industrial, through their strong technical selling models, provide customers with solutions that cannot easily be replicated by online competitors," said Jason Kliewer of Baird Acquisition Group.
Employers should simplify the application process and consider incentives such as housing for candidates willing to relocate temporarily, Bridget McCrea writes. Increase retention rates by assuring new hires of their value and assigning fulfilling tasks, says Beverly Kaye of Career Systems International.
Discount retailers in the UK including Primark and Poundland booked strong holiday sales growth, as cash-strapped consumers turned to bargain hunting. "Consumers have allocated more spending to discounters so that they have more to spend on premium products," analyst Richard Hyman stated.
Thai retailer Siam Makro will enter the cash-and-carry wholesale business in India under the brand Lots Wholesale Solutions. The company said it will open 15 distribution centres in the country over the next three years, with an emphasis on northern India.
Walmart will start dispensing DisposeRx packages for free with each opioid prescription it sells at its namesake and Sam's Club pharmacies, the company said. About one-third of opioid prescriptions are unused and DisposeRx dissolves the leftover medications.
A group of 64 fashion retailers including Target, Zara and H&M have set specific goals to make their production processes more sustainable over the next two years. Under the program established by the Global Fashion Agenda, the companies will focus on tactics including sustainable design and the use of recycled materials.
A growing number of designers are shifting their show and production schedules to meet changing customer demands and to stand out from the crowd. The shift by brands including Alexander Wang could potentially upend the tradition of New York Fashion Week.
Online mattress retailer Casper has named Jeff Brooks as its new chief marketing officer, succeeding Michael Behrens, who resigned last month. The company has also named former H&R Block executive Greg Macfarlane as its first-ever chief financial officer.
Wegmans will open a new store April 29 at a mall in Natick, Mass., where it is taking over a space that formerly held a JCPenney. Extensive interior renovation has been done to make the location into a grocery that will include a Mexican restaurant and burger bar.
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