IKEA’s chief digital officer talks transformation

Barbara Martin Coppola was brought in as IKEA Group’s chief digital officer last year as part of a plan to transform the company. The executive has focused on communicating “the values and feelings” of the furniture retailer in a digital way, by way of its website, in-store digital as well as how the technology used…

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Walmart CTO to leave company

Jeremy King, Walmart’s chief technology officer, is leaving the retailer for “a new adventure,” according to an announcement by the company. Mr. King’s last day will be March 29. He joined the company in 2011 and led Walmart Lab’s, the retailer’s digital innovation unit.

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L Brands to shake up its board

L Brands has been accused of putting together a board of directors with cozy ties to Leslie Wexner, CEO and chairman of the company. The average director is 71-years-old and has been on the company’s board for 20 years. Now, L Brands has hired a search firm to help identify and bring on three new…

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CVS to sell CBD products

CVS has signed a distribution deal with Curaleaf Holdings to sell products with creams, lotions and sprays containing CBD, the part of the marijuana plant that doesn’t cause a high. The drugstore chain will sell the items in stores spread across eight states. Curaleaf operates 40 marijuana dispensaries in 12 states.

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Traders don jeans for Levi’s IPO

Levi Strauss’ initial public offering was priced at $17 a share, meaning the denim giant could raise up to $623 million. To commemorate the IPO, the New York Stock Exchange is easing its dress code to allow traders to wear jeans today.

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Wealthy investors put money into watches

A new generation of luxury timepiece collectors is causing the prices of brands such as Omega, Rolex and Patek Phillipe to go up. The result is that a growing number of wealthy consumers are buying watches with an eye to selling them for a profit in the future.

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Consumers go to Amazon in search of specific products

Seventy-four percent of consumers go to Amazon.com when they are ready to buy a specific product, according to a study of more than 2,000 people by Feedvisor. The key to Amazon’s customer is its loyal base of Prime members. The e-tail giant is expected to grow its share of all e-commerce sales in the U.S….

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