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Consumer Affairs & Relations

  • Zynga names former Best Buy exec as CFO

    San Francisco -- Zynga Inc. named former Best Buy executive David Lee as CFO, effective April 14, as the online games company and creator of “Farmville” seeks to return to growth. He will replace current CFO Mark Vranesh who has decided to leave the company.

    Lee was previously the senior VP of corporate finance, treasury, mergers and acquisitions and corporate strategy at Best Buy.

  • Review world rocking after Bazaarvoice decision

    Consumer reviews provider Viewpoints is poised to acquire PowerReviews from Bazaarevoice after a court agreed with the Department of Justice that Bazarrevoice’s acquisition of PowerReviews two years earlier was anticompetitive.
     

  • Difficult weather no match for Dollarama’s fourth quarter

    Despite difficult weather conditions during the peak holiday season, Dollarama enjoyed an increase in sales, net earnings and earnings per share for the fourth quarter ended Feb. 2.

    "Fourth quarter and full-year financial results came out strong despite the adverse impact of severe weather conditions on store traffic, particularly in December, during our peak sales period. While not as severe, weather conditions did remain challenging for the remainder of the winter season," stated Larry Rossy, chairman and CEO of Dollarama.

  • Guess appoints Brooks Bros. veteran to board

    Los Angeles – The board of directors of Guess Inc. has appointed Joseph Gromek, increasing the number of directors to seven and bringing the total number of independent directors to five. Gromek will also serve on the Compensation and Nominating and Governance Committees of the board.

  • Mars grows pet business

    Mars is in the process of buying the Iams, Eukanuba, and Natura brands from P&G for $2.9 billion in cash. Mars Petcare said the strategic move complements its growing global Petcare business.

    The companies expect to complete the transaction in the second half of 2014, subject to regulatory approvals.

  • Nordstrom Rack to open in Bakersfield, Calif.

    Seattle -- Nordstrom announced plans to open at a Nordstrom Rack at The Shops at River Walk in Bakersfield, Calif. The approximately 35,000-sq-ft. store is scheduled to open in spring 2015.

    The new Nordstrom Rack will be the company's first location in Bakersfield.

  • BJ's foundation donates 70 grants to nonprofits

    BJ's Charitable Foundation has donated 70 grants totaling $431,000 to several nonprofit organizations whose goals are to help improve the lives of local residents in the areas surrounding BJ's Wholesale Clubs.

    The funds will go toward healthcare, education, hunger prevention and self-sufficiency.

  • Home Depot named EPA Energy Star partner of the year

    Atlanta -- The U.S. Environmental Protection Agency (EPA) has named The Home Depot as a 2014 Energy Star Partner of the Year – Sustained Excellence for its outstanding contribution to reducing greenhouse gas emissions through promotion of energy-efficient products. The Home Depot, an Energy Star partner since 2001, will be honored for its leadership in its long-term commitment to energy efficiency through promotion of energy-efficient products that earn the Energy Star, the government-backed symbol of energy efficiency.

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