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Retail Industry News
The most relevant headline news, selected
by RetailWire editors.
Compiled Friday, May 24, 2013
The brokerage firm Acosta is plastering neon green dots on Walmart's shelves where product is absent to alert workers. Manager and exec performance may soon be assessed based on some new metrics, including OSA — on-shelf availability.
Bloomberg -
5/24/2013
This time around Kmart's tongue twisting commercial is promising "Big Gas Savings."
Kmart/YouTube -
5/23/2013
The teen retail chain has agreed to be acquired by Apax Partners for $1.1 billion in cash.
MSN Money -
5/23/2013
Bluefly is an online pioneer. Now it remains to be seen whether it will remain a survivor under new ownership.
Internet Retailer -
5/23/2013
Cerberus Capital Management and Bain Capital are said to be interested in acquiring the grocery chain.
The Charlotte Observer -
5/23/2013
Delhaize is looking to sell two of its U.S. grocery chains, Sweetbay and Harveys, according to a Reuters report.
Tampa Bay Times -
5/23/2013
Ted Sarandos, chief content officer at Netflix, is behind House of Cards and other shows that consumers are willing to pay a monthly fee to receive.
The Hollywood Reporter -
5/22/2013
A.G. Lafley, who served as CEO of Procter & Gamble between 2000 and 2009, has rejoined the company as chairman and CEO effective immediately following the resignation of Bob McDonald.
CNBC -
5/24/2013
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