Today, the National Retail Federation Foundation is naming Tom Buxton, president and CEO of Buxton in Fort Worth, and Paul Raines, CEO of GameStop in Grapevine, to a list of the nation’s top 25 retail executives shaping the future of the industry.
“The List” honorees represent power players, disrupters, givers, influencers and dreamers in the retail industry, the foundation said. The NRF Foundation is presenting the awards for the first time.
The awards coincide with the National Retail Federation’s Big Show, which takes place Sunday in New York. More than 650 people from 100 companies are expected to attend the event, which has raised more than $1 million.
Buxton was named to the “influencers” category, and Raines to the “power players” category.
Melissa Reiff, president and CEO of The Container Store in Coppell, and Jim Gold, president and chief merchandising officer with Dallas-based Neiman Marcus, are also being honored in the power players category.
Among the 25 on the list are Adam Brotman, chief digital officer of Starbucks, and Sona Chawla, president of digital and chief marketing officer of Walgreen Co.
Buxton said he is honored to be included on the inaugural list of honorees, but it also reflects his company’s work.
The company has worked with more than 3,000 clients in retail, healthcare, consumer packaged goods and the public sector, helping them determine such things as who their customers are, where they are, where the stores should be built, and marketing and merchandising strategies.
“It’s a big honor, and an honor for what our company has accomplished over the years, especially in that peer group,” Buxton said. “When we started our company 20 years ago, we created the customer analytics industry. We’ve been able to provide customer insights for the most proactive retailers in the industry, and have taken our capabilities far beyond retail to healthcare, consumer packaged goods and the public sector.”
Raines, head of the Grapevine-based video game retailer, said in a statement that he, too, is humbled to receive the recognition.
“I have been blessed to have had a lot of people in my life who have helped me build a successful career in retail,” Raines said. “What I have learned through the years is that we are here to help make the people around us successful. When you make people around you successful, you will find that you will receive bigger and bigger opportunities to grow your own career.”
Proceeds will benefit the NRF Foundation’s initiatives for the next year, including funding for student scholarships and experiences, interactive Web and video content to showcase retail career opportunities, initiatives for returning veterans, programs to help young retailing professionals advance, and certification and training programs for store associates.
2015 to be a good year for American, analyst says
It’s early in the new year and a Wall Street analyst is already predicting a great year for American Airlines.
Wolfe Research analyst Hunter Keay told investors that American “might enjoy more than $2.5 billion in AAL-specific tailwinds” compared with its top two competitors, Delta Air Lines and United Airlines.
In his Friday research note, Keay said American will benefit from falling oil prices since it does not hedge its jet fuel cost and will not have to pay out profit-sharing to employees.
“No profit-sharing means AAL should keep at least $1.2 billion in profits next year vs. other legacy airlines. AAL is in the process of bumping base pay for nearly all employees, but this is a model-able event and it puts pressure on peers to bump their base pay rates for employees who surely have no interest in relinquishing existing profit-sharing plans,” Keay wrote.
Shares of American [ticker: AAL] rose 115 percent in 2014, increasing $28.69 per share to close at $53.63 on Wednesday, December 31.
— Andrea Ahles