News

05/20/2013 - 11:43

Yahoo CEO Marissa Mayer has announced on her personal Tumblr blog the company’s plans to acquire social blogging site Tumblr for $1.1 billion. It is Mayer’s largest deal to date since becoming head of the multinational Internet corporation.

05/20/2013 - 11:02

Former Nike exec rules development roost at Church’s Chicken

Former Nike executive Tony Moralejo has been appointed chief development officer at Church’s Chicken. Moralejo will be responsible for domestic and international expansion for the global chicken chain, as well as franchising, re-imaging, construction and real estate management.

05/20/2013 - 10:23

Ikea, Walmart anchor new shopping center

Ikea and Walmart are among the retailers heading to Charlotte, N.C., to anchor the Belgate Shopping Center. The new 900,000-sq.-ft. shopping center is DDR Corp.’s first ground-up domestic development in more than four years.

05/17/2013 - 17:40

Campbell, Pepperidge Farm honored for thinking outside the box

Campbell Soup Company and its Pepperidge Farm division were among those honored for consumer-driven innovation in product packaging at the DuPont Awards for Packaging Innovation.

05/17/2013 - 17:04

SC Johnson CEO hailed champion of literacy

Fisk Johnson, SC Johnson's chairman and CEO, has been named "Friend of the Library" by the Racine Public Library. Johnson received the award for sponsoring the Racine Reads: Dream Big! program during the 2011-2012 school year.

05/17/2013 - 16:27

Groupon launches Breadcrumb

A year after Groupon acquired Breadcrumb, a point of sale system and iPad app, the deal-of-the-day website has launched the suite of cloud-based iPad and smartphone tools. The free iPad app enables quick-service eateries, salons, spas and retail merchants to maximize revenue.

05/17/2013 - 15:10

Tuesday Morning faces discrimination suit from former CEO

Kathleen Mason, former CEO of Tuesday Morning, has filed a lawsuit against her ex-employer in Dallas District Court claiming discrimination. Mason, who was fired last June, alleges that Tuesday Morning mistreated and then terminated her within months after learning she was suffering from breast cancer.

05/17/2013 - 14:26

Former Chiquita exec to head Starbucks global supply chain

Starbucks has appointed Deverl Maserang as EVP of the company’s global supply chain organization. In this role, he will be accountable for end-to-end supply chain operations.

05/17/2013 - 14:00

Stores must level up to match omnichannel hype

Online and mobile marketing have turned the retail supply chain upside-down. Gone are the days of moving volumes of product in efficient, bulk moves to stores across the world. Today, smaller shipments rule the supply chain, delivering — literally — on brand promises to ensure receipt of single, customized packages under same-day or next-day delivery.

05/17/2013 - 13:53

Weak spring sales affect Nordstrom’s Q1

Nordstrom reported its first quarter net income fell a greater-than-expected 3%, hurt by weak demand for spring merchandise and softer performance in the Northeast and Midwest. The company also lowered its full-year sales forecast.