Content about Candidate Position

July 3, 2014

A lot of retailers hold contests, but few discover winners as worthy of recognition as the difference-makers who participated in specialty retailer Christopher & Banks inaugural Amazing Women contest.

A lot of retailers hold contests, but few discover winners as worthy of recognition as the difference-makers who participated in specialty retailer Christopher & Banks inaugural Amazing Women contest.

The operator of 543 stores recently named the winners of its Amazing Women contest that was launched in April in conjunction with Mother’s Day. More than 1,700 nominations were received in the contest that sought to celebrate the women who raise, cheer on, care for and support future generations.

April 24, 2014

Godzilla returns to the big screen in a few weeks and if the film’s classic representation of the oversize amphibian resonates with audiences retailers could be looking at solid sell through of Godzilla goods.

Godzilla returns to the big screen in a few weeks and if the film’s classic representation of the oversize amphibian resonates with audiences retailers could be looking at solid sell through of Godzilla goods.

April 23, 2014

Pepsi is teaming up with multi-platform recording artist Prince Royce artist in a year-long, multi-faceted deal that includes support of his U.S. summer tour and a national ad campaign.

Pepsi is teaming up with multi-platform recording artist Prince Royce artist in a year-long, multi-faceted deal that includes support of his U.S. summer tour and a national ad campaign.

Earlier this year, Pepsi and Prince Royce teamed up to surprise New York fans with a free performance the week leading up to Super Bowl XLVIII. In addition, Prince Royce appeared in a Pepsi intermission spot that aired during this year's 56th Annual Grammy Award show.

April 11, 2014

Walmart president and CEO Doug McMillon today issued a statement congratulating Sylvia Mathews Burwell on her nomination as Secretary of Health and Human Services.

Walmart president and CEO Doug McMillon today issued a statement congratulating Sylvia Mathews Burwell on her nomination as Secretary of Health and Human Services.

February 20, 2014

Gap contends its decision to increase the hourly rate it pays workers wasn’t political, but it sure looked otherwise given the timing of the move against the backdrop of the intensifying national debate over the minimum wage.

Gap contends its decision to increase the hourly rate it pays workers wasn’t political, but it sure looked otherwise given the timing of the move against the backdrop of the intensifying national debate over the minimum wage.

February 10, 2014

Overstock.com SVP Stephen Tryon has resigned from his position to pursue interests related to his book, "Accountability Citizenship."

Overstock.com SVP Stephen Tryon has resigned from his position to pursue interests related to his book, "Accountability Citizenship."

September 16, 2013

Trick or treaters looking for a different type of costumer this Halloween will want to head to Target, a retailer who knows a few things about differentiation.

Trick or treaters looking for a different type of costumer this Halloween will want to head to Target, a retailer that knows a few things about differentiation.

The company has teamed up with fashion and costume designer and former Project Runway contestant Chris March to create an exclusive line of larger-than-life Halloween wigs. The collection of wigs which retails for $20 or less is said to serve as a centerpiece of Target’s seasonal presentation merchandised under a large skeletal sign that says, “fright done right.”

August 12, 2013

The field of candidates to serve as CEO of the merged Office Depot and OfficeMax has been narrowed to five with September set as the goal to have an executive in place to lead the $18 billion combined company.

The field of candidates to serve as CEO of the merged Office Depot and OfficeMax has been narrowed to five with September set as the goal to have an executive in place to lead the $18 billion combined company.

July 29, 2013

Hudson’s Bay Company has reached a deal to buy Saks Inc. The Canadian retail conglomerate, which operates Lord & Taylor in the United States and Hudson Bay in Canada, will purchase Saks and its 41 stores for a total of about $2.9 billion. Purchase price includes $16 per share of Saks as well as the assumption of Saks’ debt.

NEW YORK — Hudson’s Bay Company has reached a deal to buy Saks Inc. The Canadian retail conglomerate, which operates Lord & Taylor in the United States and Hudson Bay in Canada, will purchase Saks and its 41 stores for a total of about $2.9 billion. Purchase price includes $16 per share of Saks as well as the assumption of Saks’ debt.

July 24, 2013

As lawyers face off in the first battle over Detroit’s bankruptcy bid, Meijer is preparing to open its first store in the economically depressed city at the Gateway Marketplace shopping center.

GRAND RAPIDS, Mich. — As lawyers face off in the first battle over Detroit’s bankruptcy bid, Meijer is preparing to open its first store in the economically depressed city at the Gateway Marketplace shopping center.

July 8, 2013

Office Depot has nominated former president and CEO of Collective Brands Michael J. Massey to its board. If elected, he would fill the vacancy created by current director Brenda Gaines, who has decided not to stand for re-election at this year’s annual meeting.

BOCA RATON, Fla. — Office Depot has nominated former president and CEO of Collective Brands Michael J. Massey to its board. If elected, he would fill the vacancy created by current director Brenda Gaines, who has decided not to stand for re-election at this year’s annual meeting of stockholders. 

May 14, 2013

Olivier Goudet, partner and CEO of the Joh. A. Benckiser Group and former CFO of Mars Inc., has been appointed global beauty brand Coty’s board of directors. Goudet replaces Bernd Beetz, who stepped down from Coty's board to pursue other interests.

NEW YORK — Olivier Goudet, partner and CEO of the Joh. A. Benckiser Group and former CFO of Mars Inc., has been appointed global beauty brand Coty’s board of directors. Goudet replaces Bernd Beetz, who stepped down from Coty's board to pursue other interests.  

JAB is a privately held group that owns and invests in premium brands; it is also Coty's majority shareholder.

April 29, 2013

Robert Edwards will replace Steven Burd as CEO of Safeway, the company announced Monday evening.

Robert Edwards will replace Steven Burd as CEO of Safeway, the company announced Monday evening.
 
Edwards, 57, currently serves as Safeway’s president and will assume CEO responsibilities on May 14 when Burd resigns as CEO and chairman. Filling the chairman role will be lead independent director T. Gary Rogers who will become non-executive chairman.
 

April 15, 2013

Dr Pepper is on a quest to find one one-of-a-kind fan to feature in its upcoming advertisements.

PLANO, Texas – Dr Pepper is on a quest to find one one-of-a-kind fan to feature in its upcoming advertisements. 

April 12, 2013

Walgreens has partnered with NBC to launch a new web series inspired by NBC’s hit weight-loss competition series "The Biggest Loser."

LOS ANGELES — Walgreens has partnered with NBC to launch a new web series inspired by NBC’s hit weight-loss competition series "The Biggest Loser."

The series follows former contestant Filipe Fa's journey to lose weight and keep it off once and for all.

March 11, 2013

The board of directors of the General Electric Company nominated former Securities and Exchange Commission chairman Mary Schapiro to serve on its board.

The board of directors of the General Electric Company nominated former Securities and Exchange Commission chairman Mary Schapiro to serve on its board.

Schapiro will stand for election at GE’s annual meeting on April 24, the company said.

February 7, 2013

Widespread reports have Walmart Foundation president Sylvia Mathews Burwell heading to Washington to serve as President Obama’s director of the Office of Management and Budget.

Widespread reports have Walmart Foundation president Sylvia Mathews Burwell heading to Washington to serve as President Obama’s director of the Office of Management and Budget.

January 22, 2013

Jewel-Osco announced that it is celebrating Black History Month this February with the company’s 14th annual “A Taste of Black History” program.

ITASCA, Ill. — Jewel-Osco announced that it is celebrating Black History Month this February with the company’s 14th annual “A Taste of Black History” program.

The initiative will kick off with a VIP shopping event for customers on Jan. 24 at the Jewel-Osco at 1655 E. 95th St., in Chicago. “A Taste of Black History” customer tasting events will continue throughout February at select stores.

January 22, 2013

The New Hampshire Motor Speedway will be home to the Sylvania 300 NASCAR race for five more years following the renewal of a sponsorship agreement.

The New Hampshire Motor Speedway will be home to the Sylvania 300 NASCAR race for five more years following the renewal of a sponsorship agreement.

North American lighting leader Osram Sylvania said it extended its title sponsorship of the race through 2017 with the operator of New Hampshire’s largest sports and entertainment facility. Osram Sylvania has sponsored the race for the past 10 years.

January 10, 2013

Walmart has committed $670,000 to help fund a first-of-its-kind program in its home state known as the Arkansas Payment Improvement Initiative (APII).

Walmart has committed $670,000 to help fund a first-of-its-kind program in its home state known as the Arkansas Payment Improvement Initiative (APII).

November 28, 2012

Costco will pay a $7 a share special dividend before year end as it looks to return cash to shareholders in advance of what is expected to be a 2013 tax increase on dividend payments.

Costco will pay a $7 a share special dividend before year end as it looks to return cash to shareholders in advance of what is expected to be a 2013 tax increase on dividend payments.

The total payout will amount to about $3 billion and is extraordinarily generous. Especially considering Costco’s net cash provided by operating activities for its fiscal year ended September 2, was only slightly more than $3 billion and cash, cash equivalents and short term investments totaled $4.854 billion.

September 18, 2012

Walgreens on Tuesday announced several new senior management roles, including an expanded role for CFO Wade Miquelon and the appointment of current SVP and chief strategy officer Robert Zimmerman as the lead executive responsible for the Walgreens-Alliance Boots' "synergy team."

DEERFIELD, Ill. — Walgreens on Tuesday announced several new senior management roles, including an expanded role for CFO Wade Miquelon and the appointment of current SVP and chief strategy officer Robert Zimmerman as the lead executive responsible for the Walgreens-Alliance Boots' "synergy team." Succeeding Zimmerman as chief strategy officer will be Brad Fluegel.

September 5, 2012

Costco co-founder and former CEO Jim Sinegal appeared on CNBC Wednesday morning to offer a preview of his speech last night at the Democratic National Convention and explain why he supports the re-election of president Barack Obama.

Costco co-founder and former CEO Jim Sinegal appeared on CNBC Wednesday morning to offer a preview of his speech last night at the Democratic National Convention and explain why he supports the re-election of president Barack Obama.

August 20, 2012

Hubert Joly is the new CEO at Best Buy.

Hubert Joly is the new CEO at Best Buy.

Best Buy named former food service and hospitality executive Hubert Joly as president and CEO even as uncertainty lingers regarding a possible leveraged buyout engineered by former chairman and founder Richard Schulze.

Joly joins Best Buy after serving since 2008 as CEO of Minneapolis-based Carlson, a global hospitality and travel company known for such brands as Radisson hotels and TGI Friday’s restaurants. From 2003 to 2007, he led Carlson’s travel division.