Wal-Mart Canada has named Dirk Van den Berghe as its next president and CEO, to replace the recently promoted Shelley Broader, effective Aug. 1. Most recently, Van den Berghe was Delhaize Group's CEO for Luxembourg and Belgium. The shift comes as Wal-Mart works to further boost its food sales in its 391 Canadian stores.
Paris-based Carrefour has named Vivarte chief and retail veteran Georges Plassat as its new CEO, to replace Lars Olofsson. The world's second largest retailer has been struggling in recent years as time-crunched consumers have shifted their shopping away from Carrefour's hypermarkets to local shops and the Web.
Quiznos has named Greg MacDonald as its new CEO, succeeding Rick Schaden, who will stay on as the sandwich chain's chairman. MacDonald is a 12-year veteran of the company; he headed Quiznos Canada before being named president in 2009.
Retailers looking to ramp up their social media marketing efforts can look to the growing number of social shopping sites for examples of melding the two popular activities, writes consumer behaviorist Jim Lucas. Sites such as Kaboodle, Etsy and ShopStyle set examples that some more traditional retailers are already following, including Wet Seal, whose website lets customers create and rate outfits.
Consumers have craved luxury products for decades, as people seek to fill a desire to feel wealthier, Steve Rubel writes. Today's fragmented media landscape offers challenges and opportunities for luxury brands looking to appeal to new consumers. Rubel offers three key pieces of advice for luxury marketers looking to make the most of social media.