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Consumer Affairs & Relations

  • Sports Chalet taps Financial Profiles to be investor relations firm

    Los Angeles -- Sport Chalet announced it has retained Financial Profiles as its investor relations firm.

    "We have a number of important strategic initiatives in place to drive shareholder value and the time is right to step up our investor relations efforts," said Craig Levra, chairman and CFO of Sport Chalet. "We are pleased to collaborate with Financial Profiles to develop and implement a strategic investor relations program designed to build Sport Chalet's visibility within the investment community."

     

  • Easter holiday helps bolster Publix Q1 results

    LAKELAND, Fla. — Publix posted first quarter sales of $7.5 billion, representing a 6.1% increase. The Easter holiday in the first quarter of 2013, which was in the second quarter of 2012, increased sales by approximately 1.3%, the grocer noted. 

     

    Comparable-store sales for the first quarter of 2013 increased 3.9%.

     

  • Pearson Candy scores Bit-O-Honey from Nestle

    GREENWICH, Conn. — Brynwood Partners’ portfolio company, Pearson Candy Company, has acquired the Bit-O-Honey confectionery brand from Nestle. The acquisition marks the fifth brand Brynwood Partners has acquired from Nestle. Terms and conditions of the transaction were not disclosed.

    The Bit-O-Honey national brand has been around for more than 90 years and is available in a variety of formats, which are widely distributed in the U.S. through leading retailers in the food, drug, mass and dollar channels.

  • Union derides Target as ‘Walmart junior’ following NLRB ruling

    The United Food and Commercial Workers Union Local 1500 representing the greater New York area claimed victory over Target this week and offered some harsh words following a ruling by the National Labor Relations Board.

  • Safeway names CEO

    Pleasanton, Calif. -- Safeway announced that Robert Edwards, currently the company's president, will succeed Steven Burd as CEO when Burd retires as chairman and CEO on May 14. Edwards, 57, will also join the company's board of directors.

    "Since he arrived here in 2004, Robert has successfully met every challenge he has faced," Burd said. "He has demonstrated the ability to lead the company in all facets of its operations, and has earned the respect of the entire organization."

  • Appeals court: J.C. Penny can sell unbranded Martha Stewart line

    New York -- J.C. Penney Co. can continue to sell a line of Martha Stewart home goods it introduced last week under "JCP Everyday" brand pending the outcome of a trial with Macy's, a New York appeals court ruled on Tuesday.
     
    The court denied Macy's request for a preliminary injunction blocking sale of the goods while a court battle continues over rights to the products.  
       

  • Big Lots names Campisi CEO

    Columbus, Ohio -- Discount retailer Big Lots has named David Campisi, 57, as CEO and president of Big Lots, effective May 6. The 30-year-industry veteran most recently served as chairman and CEO of Respect Your Universe, a publicly traded company focused on premium performance apparel and equipment. Prior to that, he was an executive with The Sports Authority for nearly seven years, rising to become chairman and CEO.

  • Bebe stores names CFO; eliminating COO position

    Brisbane, Calif. -- Bebe stores announced that it has promoted Liyuan Woo to the position of CFO.
       
    Woo will succeed Walter J. Parks, COO and CFO, who is departing the company effective May 3. The COO position will be eliminated and CEO Steve Birkhold will assume the COO responsibilities.
     

  • Former Sports Authority exec new Big Lots CEO

    COLUMBUS, Ohio — Big Lots has named David Campisi as its new CEO and president. Campisi succeeds Steve Fishman, who announced in December 2012 his intention to retire upon the appointment of his successor. 

    Fishman will also step down from the board of directors immediately following the 2013 annual meeting of shareholders on May 30, at which time Campisi will be appointed as a director. The board also plans to elect a non-executive chairman of the board.

  • Easter Bunny unkind to Office Depot

    BOCA RATON, Fla. — The timing of the New Year and Easter holidays negatively affected Office Depot’s first quarter sales which declined 5% to $2.7 billion and led to a $17 million loss compared to a profit of $41 million in the first quarter of 2012. 

     

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