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HCN Stock Watch: STCK up 3.59%

BY HBSDEALER Staff

Stock Building Supply jumped up 3.59% on a day when most of HCN’s Top 30 were dragging their feet, with CENT representing the other extreme at -2.58%.

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Walmart’s Shelley Broader takes on new role

BY HBSDEALER Staff

Walmart Canada president and CEO Shelley Broader’s role has changed to include oversight of Europe and Africa.

Broader was named EVP, president and CEO of Walmart EMEA, a region Walmart defines as including Canada, Europe, the Middle East and Sub-Saharan Africa. 

In her new role, Broader will lead Walmart’s retail operations and oversee business development in those regions and report to Walmart International president and CEO David Cheesewright. She succeeded Cheesewright as Walmart’s top Canadian executive in the fall of 2011 when he was tapped for the EMEA role. Broader joined Walmart Canada in December 2010 as chief merchandising officer after holding leadership roles with Hannaford Bros. and Michael’s. Her successor in Canada was not immediately named.

“Shelley has been a strong leader since joining Walmart Canada and is the ideal person to leverage the tremendous potential the EMEA region holds for our company,” Cheesewright said. “Shelley’s leadership of our business in Canada during a time of increased competition underscores her knowledge of the retail environment, which will serve her well in her new role.”

Walmart operates 1,345 stores and employs 285,000 people in the region Broader will oversee in her new role.

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Apple muscles into smart home market

BY HBSDEALER Staff

Apple planted its flag at the intersection of tech and home on Monday when it unveiled its plans to add home automation functions to its new operating system.

Taking the stage at the Worldwide Developers Conference in San Francisco, the company announced that it would be adding remote security, lighting and other home automation controls to its latest iOS using its HomeKit software, according to multiple media reports.

The details remain sparse, but Apple announced that it’s partnering with companies like Chamberlain, Philips, Honeywell, August, Schlage, Netatmo and Withings.

Many are speculating that iOS users will be able to integrate multiple home automation functions into one app that communicates seamlessly with all Apple devices, as well as use simple voice commands (such as "get ready for bed") in order to activate multiple controls. This will, essentially, turn one’s iPhone or iPad into a remote control for one’s entire smart home suite.

Apple is also rolling out HealthKit for fitness trackers and other wearable devices, as well as PhotoKit and CloudKit for online data.

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