Target adapts Boston store with local brews and Fenway gear
Target CEO Brian Cornell describes a localized Boston store near Fenway Park featuring Samuel Adams beer in the liquor section, Red Sox and Patriots gear in Fan Central, and a fluffernutter section, part of a broader test of local assortments in Chicago and Boston to boost sales. Localized marketing aims to connect with hometown shoppers and blend community cues with broad merchandise. The Fenway store spans 160000 square feet and showcases wide categories with strong local appeal.
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Boston
Target
Red Sox
Patriot
Fenway Park
Chicago
McDonald's
New England
Macy's
Fan Central
Brian Cornell
Associated Press
HP to jettison up to 30 000 jobs in spinoff
Hewlett Packard is cutting up to 30 000 positions as its technology divisions split to form Hewlett Packard Enterprise. The layoffs aims to cut expenses by 2 billion annually and the split from Palo Alto operations should finish by next month.
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San Francisco
Hewlett-Packard
Hewlett Packard
Motorola relocates headquarters to downtown Chicago
Motorola Solutions will move its global headquarters and about 800 jobs from Schaumburg to downtown Chicago next summer. The office at Willis Tower area will span 150,000 square feet and join a customer briefing center, increasing Chicago staff to over 1,100 while about 300 remain in a nearby sales office.
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Chicago
Motorola Solutions
Schaumburg
Willis Tower
Motorola
Big R Rural King expands across Illinois from 1965 to 2010
Ryan Jones, grandson of George Jones, opened Big A Rural King in Olney in 1965 and expanded to Mount Carmel in 1978 Robinson in 1982 Salem in 1986 Highland in 1990 and Swansea in 2010. Olney later moved to a larger store in spring 2012. The chain offers lawn and garden gear, mowers, farm supplies, outdoor furniture, housewares and plumbing. The business remains family owned.
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Ryan Jones
George Jones
Olney
Ilinois
Mount Carmel
Robinson, Illinois
Salem
Illinois
Highland
Swansea
King
Subway co founder Fred DeLuca dies at 67
New York AP reports Subway co founder Fred DeLuca died Monday evening at 67 after a leukemia diagnosis two years ago. The Milford based chain started as Pete's Submarines in 1965 with Peter Buck and grew to more than 44 000 locations globally. DeLuca and Buck renamed the shop Subway in 1968 and expanded via franchising. He remained CEO with his sister Suzanne Greco stepping in as president in 2013. Survivors include his wife, son, and sister.
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New York
Subway
Fred DeLuca
DeLuca
Peter Buck
Buck
Bridgeport
Connecticut
Pete
Milford
Forbes
United States
Suzanne Greco
DeLaria
Jared Fogle
U.S
Technomic
Bronx
Fed meets faces toss up on rate hike decision
As the Federal Reserve gathers, observers weigh whether the central bank will raise its benchmark rate for the first time since the 2008 crisis. Markets have gyrated amid debate over when policy will normalize, with the labor market viewed as essentially recovered.
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Fed
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