July 23, 2001,
Value City hires former Bradlees president as coo
Value City Department Stores has named Robert Lynn chief operating officer.
"We are delighted that Bob Lynn will be an integral part of our Value City team," said George Kolber, ceo. "Bob's depth of experience should help the company realize its full earnings potential."
More 'linens' and 'things' on LNT site
Linens 'N Things has redesigned and enhanced its website, www.lnt.com. The site's product assortment now reflects the comprehensive selection in the stores, with more than 50 categories. The new Mailer Quickshop feature allows visitors to shop directly from LNT's mailers. And the Destination Dorm section highlights the essentials for the college-bound. Through the month of July, LNT will celebrate its new look with free shipping for orders of more than $100.
Merchandising position at Saks eliminated
The executive vp, merchandising, position at Saks Department Store Group has been eliminated, according to Saks. Formerly held by Carol Williams, who left to become president and ceo of Jacobson Stores, the responsibilities of the position has reshifted to Gregg Kennedy, senior vp, gmm, ready-to-wear, and Doug DiPrima, senior vp, gmm, Center Core.
Samsclub.com incorporates improvements
Wal-Mart Stores has enhanced its samsclub.com site, adding such features as the ability to personalize shopping lists or view consumer education videos on all product categories. The redesigned online checkout has been simplified from nine steps to three, and navigation is faster and more user-friendly.
Federated closes Liberty deal
Federated has announced that it has completed its acquisition of the Hawaii-based Liberty House chain, which includes 11 department stores and seven specialty stores. The total purchase price, including the assumption of debt and net of cash required, was approximately $200 million. This will be Federated's first foray into Hawaii.
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