Finance & Capital Management

Houston - Sunoco L.P. has appointed Matthew S. Ramsey as chairman of the board. Ramsey succeeds Sam L. Susser, who has resigned from the board to pursue other new business interests.

Ramsey has served as a director of Sunoco L.P. since August 2014, serving as chair of the audit committee and serving on the compensation committee. Ramsey also serves as a director of Energy Transfer Equity L.P. and is chairman of the audit committee, as well as a member of the compensation committee.

Secaucus, N.J. – Three days after an activist investor group filed a presentation with the Securities and Exchange Commission (SEC) urging the election of new board members and claiming poor performance, The Children's Place Inc. has its own investor presentation with the SEC.

The presentation endorses the re-election of three board candidates at the May 22 annual meeting: Norman Matthews (chairman of the board), Kenneth Reiss (chair of the audit committee) and Stanley W. Reynolds (member of the audit committee).

Tuesday Morning Corp. completed its turnaround initiative in the third quarter, closing 21 stores and narrowing its loss to $2.8 million.

The company also said that Melissa Phillips has been promoted to president and chief operating officer from executive vice president and general merchandise manager.

Athleisure apparel continues to be a driver of growth for Columbia Sportswear Co., which posted record sales in its first quarter.

CVS Health's growth in its drug services business is helping to offset retail sales declines from its decision to stop selling cigarettes<span style="color: rgb(54, 54, 54); font-family: open_sansregular, Arial, Helvetica, sans-

The CEO of Carter's Inc. and the former CFO of V.F. Corp. have joined the board of directors at the Fresh Market.

Michael D. Casey, CEO and a director of Carter’s Inc., and Robert K. Shearer, formerly CFO of V.F. Corp., have been named as independent directors effective May 1. With these additions, the Fresh Market’s Board has nine directors, eight of whom are independent directors.

REI is looking to strengthen its omnichannel capabilities with a new distribution center in Arizona.

The outdoor retailer that it will open a third distribution center, located in Goodyear, Ariz., in 2016 to better support its website, stores and customers through faster product replenishment and delivery.

Publix continues to demonstrate that its customers indeed find that shopping there is a pleasure, judging by the grocery chain's first quarter results.

Publix’s sales for the first quarter of 2015 were $8.3 billion, a 6.8% increase from last year’s $7.8 billion. Same store sales increased 5.3%. Net earnings for the first quarter of 2015 were $548.9 million, compared to $493.7 million in 2014, an increase of 11.2%. Earnings per share for the first quarter increased to $0.71 for 2015, up from $0.63 per share in 2014. T

Doughnuts may be required to spend some time in the proofer, but when it comes to sustainability, the proof is in the doughnuts, at least those that are served at a growing number of Dunkin’ Donuts 18,000-plus locations.

The rise of Dunkin’ Brands sustainability initiative was presented by the company’s senior director of global design and construction services, John Herth, and director of corporate responsibility, Christine Riley Miller, at the SPECS session, “Sustainability the Dunkin’ Brands Way.”

At the end of 2014, the company launched Dunkin’ Donuts (DD) Green Achiev

The differences in available roof materials, insulation and installation took center stage at the SPECS session, “Under Roof: Advanced Roofing Design, Practices and Management A to Z.”

The speakers, Richard Justinn and Thomas J Taylor, from GAF Materials, also discussed roofing trends and strategies for selecting the right manufacturer and contractor.

In choosing a manufacturer, the speakers said the considerations should include: