Kmart

Executive Chairman Rodney O. Martin, Jr., to retire on Feb. 29, 2024, as previously announced, following a successful tenure as Voya Financial’s chairman and former CEO

Retrieved on: 
Monday, January 29, 2024

Martin previously served as Voya’s chairman and chief executive officer (CEO) and was succeeded as CEO by Heather Lavallee on Jan. 1, 2023.

Key Points: 
  • Martin previously served as Voya’s chairman and chief executive officer (CEO) and was succeeded as CEO by Heather Lavallee on Jan. 1, 2023.
  • Lewis joined the board in 2020 and has served as a member of the audit committee since that time as well.
  • Zwiener said, “The board is tremendously grateful for all that Rod has accomplished as Voya’s chairman and CEO for more than a decade.
  • He also previously served on the boards of Red Robin Gourmet Burgers, Inc., The Walt Disney Company and Starwood Hotels.

Australia Ecommerce Market Databook 2023: Gross Merchandise Value (GMV) will Increase from $49.4 Billion in 2022 to Reach $68.8 Billion by 2027

Retrieved on: 
Thursday, January 25, 2024

Ecommerce market in Australia is expected to grow by 7.84% on annual basis to reach US$53.2 billion in 2023.

Key Points: 
  • Ecommerce market in Australia is expected to grow by 7.84% on annual basis to reach US$53.2 billion in 2023.
  • The Ecommerce gross merchandise value in the country will increase from US$49.4 billion in 2022 to reach US$68.8 billion by 2027.
  • Australia recorded a significant surge in online shopping after the global pandemic outbreak and the trend further accelerated in H1 2022.
  • The partnership will enable HealthyLife to access warehouse assets offered by SuperPharmacy, and in turn, will provide Ecommerce services and platforms.

Kresge Foundation to Commemorate Its Centennial in 2024

Retrieved on: 
Thursday, January 25, 2024

TROY, Mich., Jan. 25, 2024 /PRNewswire/ -- The Kresge Foundation – one of the nation's oldest and largest private philanthropies with an endowment of nearly $4 billion in assets – will be commemorating the centennial of its founding throughout 2024 in its hometown of Detroit. To mark this special occasion, Kresge will host commemorative events and community activations that celebrate the foundation's longstanding philanthropic legacy.

Key Points: 
  • TROY, Mich., Jan. 25, 2024 /PRNewswire/ -- The Kresge Foundation – one of the nation's oldest and largest private philanthropies with an endowment of nearly $4 billion in assets – will be commemorating the centennial of its founding throughout 2024 in its hometown of Detroit.
  • "We build on the shoulders of our founder Sebastian S. Kresge, who created the S.S. Kresge Company retail chain and who dedicated his generosity in endowing the foundation to making the world a better place.
  • Kresge also introduced a new centennial section to its website to share the history of its founder, the S.S. Kresge Co. retail business and the foundation.
  • Later in the year, Kresge will release its annual report, which will focus on the centennial and Kresge's 100 years of impact.

VCI Global Acquires Proprietary Artificial Intelligence 3D Modeling Platform

Retrieved on: 
Monday, December 18, 2023

This investment is made in connection with the transfer by Nextech3D.AI Corporation ("Nextech3D.AI") of the following assets into the said SPV, namely:-

Key Points: 
  • This investment is made in connection with the transfer by Nextech3D.AI Corporation ("Nextech3D.AI") of the following assets into the said SPV, namely:-
    Nextech3D.AI's proprietary artificial intelligence ("AI") 3D modeling platform which comes with the technology, patents, know-how, proprietary information, and other intellectual property associated with the various e-commerce applications in connection with Nextech3D.AI's 3D modelling business; and
    3D modeling contracts currently owned by Nextech3D.AI associated with its 3D modeling business.
  • Nextech3D.AI's 3D modeling through its proprietary AI has received tremendous demand, and to date it has delivered over 50,000 3D models, and counting, to its customers in various e-commerce industries.
  • This 'over 50,000' 3D models translated to a phenomenal two-fold increase from its end 2022's total of 21,202 3D models delivered.
  • That can only mean massive markets for us to capitalize on," said Dato' Victor Hoo, Group Executive Chairman and Chief Executive Officer of VCI Global.

Centric Software Transforms Assortment Optimization with Centric Visual Boards

Retrieved on: 
Monday, December 18, 2023

CAMPBELL, Calif., Dec. 18, 2023 /PRNewswire-PRWeb/ -- Centric Software® is pleased to announce that in 2023, brands and retailers from across the globe are accelerating more targeted assortment decisions by adopting Centric Visual Boards TM to get to the heart of consumer demand. Centric Software provides the most innovative enterprise solutions to plan, design, develop, source, buy, make, price, allocate, sell and replenish products such as fashion, outdoor, luxury, multi-category retail, grocery, food & beverage, cosmetics & personal care and consumer electronics to achieve strategic and operational digital transformation goals.

Key Points: 
  • Centric Visual Boards transform the assortment planning and merchandising process by leveraging modern tech to link people, processes, and systems in an easy to use, visual format.
  • The Centric Visual Boards family includes boards for assortment planning, product ideation and for delivering digital buy-ready omnichannel showrooms.
  • Centric Visual Boards customers have experienced benefits such as 90% faster assortment creation and update time, and 75% faster buy session setups.
  • "Centric Visual Boards are a unique innovation that we have developed in close collaboration with our customers," says Chris Groves, CEO of Centric Software.

Leading Bankruptcy Lawyer Edward M. Fox Joins Emmet, Marvin & Martin, LLP

Retrieved on: 
Wednesday, December 13, 2023

NEW YORK, Dec. 13, 2023 /PRNewswire/ -- Emmet, Marvin & Martin, LLP announced today that Edward M. Fox has joined the firm as a partner in the Creditors' Rights, Workouts, Restructuring and Bankruptcy Group.

Key Points: 
  • NEW YORK, Dec. 13, 2023 /PRNewswire/ -- Emmet, Marvin & Martin, LLP announced today that Edward M. Fox has joined the firm as a partner in the Creditors' Rights, Workouts, Restructuring and Bankruptcy Group.
  • A nationally recognized bankruptcy lawyer, Mr. Fox brings 38 years of experience representing clients in some of the largest bankruptcy cases in the country.
  • "We are thrilled to welcome Ed to Emmet Marvin," said Brian D.Obergfell, Chairman of the firm.
  • "Ed is a preeminent bankruptcy lawyer who has built a great practice and won exceptional recoveries on behalf of bondholders and other creditors.

Hilco Real Estate Continues Growth of its Real Estate Asset Management Division with the Strategic Appointment of Alan Shaw

Retrieved on: 
Tuesday, November 14, 2023

NORTHBROOK, Ill., Nov. 14, 2023 /PRNewswire/ -- Hilco Real Estate, LLC (HRE), the authority on real estate optimization, repositioning, and disposition, is thrilled to welcome Alan Shaw as Executive Vice President of the organization and Co-CEO of its Real Estate Asset Management division.

Key Points: 
  • NORTHBROOK, Ill., Nov. 14, 2023 /PRNewswire/ -- Hilco Real Estate, LLC (HRE), the authority on real estate optimization, repositioning, and disposition, is thrilled to welcome Alan Shaw as Executive Vice President of the organization and Co-CEO of its Real Estate Asset Management division.
  • "We are delighted to welcome Alan to the Hilco Real Estate team as our new Executive Vice President and Co-CEO of the Real Estate Asset Management division," said Neil Aaronson, CEO of Hilco Real Estate.
  • "Alan's extensive industry experience and proven track record in optimizing real estate value align perfectly with our strategic vision.
  • The Real Estate Asset Management division will utilize that experience and incorporate all of Hilco Global's best-in-class disciplines to provide unparalleled solutions and create immense value for our clients."

Annual report highlights ’s work to uphold privacy and information access rights

Retrieved on: 
Sunday, October 29, 2023

Releasing the OAIC’s annual report for 2022–23, Australian Information Commissioner and Privacy Commissioner Angelene Falk said the volatile events of the financial year had underscored the need for the regulator to have the right foundations in place to promote and protect information access and privacy rights.

Key Points: 
  • Releasing the OAIC’s annual report for 2022–23, Australian Information Commissioner and Privacy Commissioner Angelene Falk said the volatile events of the financial year had underscored the need for the regulator to have the right foundations in place to promote and protect information access and privacy rights.
  • “Throughout the year, the OAIC has continued to develop and advocate for these foundations to support a proportionate and proactive approach to regulation.
  • This includes appropriate laws, resources, capability – the right people with the right tools – effective engagement with risk, appropriate governance and, importantly, collaboration,” Commissioner Falk said.
  • Investigations were also opened into the personal information handling practices of retailers Bunnings and Kmart, focusing on the companies’ use of facial recognition technology.
  • “The OAIC has a strong foundation on which to build, and it will move from strength to strength with the leadership of 3 expert commissioners.”
    Read the
    OAIC Annual report 2022–23.

Key 2022–23 statistics

Footnotes


[1] During 2022-23, the OAIC ceased classifying certain communications about FOI as ‘enquiries’ where these are more complex, or require a specific response, and are therefore dealt with by the FOI Branch instead of the OAIC’s enquiries team. This has reduced the numbers of FOI enquiries reported this financial year.

InStep Health Enhances Retail Practice with the Addition of Jason Wilkinson as Senior Vice President of Retail and Client Solutions

Retrieved on: 
Wednesday, October 4, 2023

CHICAGO, Oct. 4, 2023 /PRNewswire/ -- InStep Health, the leader in healthcare communications, welcomes Jason Wilkinson as its new Senior Vice President of Retail and Client Solutions.

Key Points: 
  • CHICAGO, Oct. 4, 2023 /PRNewswire/ -- InStep Health, the leader in healthcare communications, welcomes Jason Wilkinson as its new Senior Vice President of Retail and Client Solutions.
  • InStep Health assists pharmaceutical, over the counter, and consumer-packaged brands in leveraging a continuum of connections to reach consumers at the Point of Care.
  • Whether in the doctor's office, pharmacy, or the aisles, InStep Health provides a seamless connection between brands, healthcare providers, pharmacists, patients, and consumers.
  • In addition, Wilkinson's role will be critical to managing several components of the InStep Health omnichannel network.

monday.com Announces Appointment of General Manager of APJ and Hybrid Regional Structure

Retrieved on: 
Tuesday, October 3, 2023

This announcement supports monday.com’s new hybrid regional structure, implemented on September 1, 2023.

Key Points: 
  • This announcement supports monday.com’s new hybrid regional structure, implemented on September 1, 2023.
  • View the full release here: https://www.businesswire.com/news/home/20231003982192/en/
    Dean Swan, monday.com's General Manager of APJ (Photo: Business Wire)
    Previously Regional Vice President of APJ, in his new role as General Manager of APJ, Swan will join monday.com’s Chief Revenue Officer (CRO) leadership team and support monday.com’s new hybrid regional structure.
  • As part of the CRO organisation evolving, monday.com is establishing a hybrid regional structure to empower the regions while providing a strong connection to core global functions.
  • “This shift to a hybrid regional model is the natural next step to take monday.com and the CRO organisation to the next level.