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Finance & Capital Management

  • Dollar General to build new DC in San Antonio, Texas

    Goodlettsville, Tenn. -- Dollar General Corporation announced plans to build a new state-of-the-art distribution center in San Antonio, Texas. It will be the 13th facility in the retailer’s growing distribution network.  
  • Fairway names chief merchandising officer

    New York -- Fairway Group Holdings announced that Dorothy Carlow will join the supermarket company as chief merchandising officer, effective Nov. 3. Carlow will lead the merchandising team and the company's buying and sales strategies.  
  • Frascotti named top toy exec at Hasbro

    Global branded play leader Hasbro, Inc. today announced the promotion of John Frascotti to the newly-created position of president, Hasbro Brands, effective immediately.

    In this new role, Frascotti assumes the additional responsibilities of worldwide product development and now oversees all of the company’s global marketing and design and development teams.  By combining the teams, the company will continue to drive strong innovation, maximize operational efficiency, facilitate greater collaboration and streamline decision-making.

  • Boston Retail Partners recommends EMV compliance, tokenization

    Boston –- Between April and June of 2014, the retail sector led all industries in data breaches with 145 million records, or 83% of the total records compromised, costing retailers $195 per record apprehended. In response, Boston Retail Partners has released recommendations for data security best practices.    The recommendations include:  
  • Walmart slows physical expansion in U.S.

    A much anticipated acceleration of small format Walmart stores failed to materialize on Wednesday when the retailer announced plans to curtail domestic new store growth in 2016.

  • Dunkin’ Donuts plans 40 new Michigan stores

    Canton, Mass. –- Dunkin’ Donuts plans to open 40 new restaurants in Michigan during the next several years, in addition to more than 60 currently operating in the state. The retailer continues to recruit franchise candidates there with an emphasis on Flint, Lansing and Traverse City.    
  • Sears names merchandising exec as acting CEO of Sears Canada

    Hoffman Estates, Ill. – Sears Holdings Corp. has named Ronald D. Boire, executive VP/chief merchandising officer of Sears Full Line Stores and Kmart Format, as acting president and CEO of Sears Canada. Boire will leave his role with Sears Holdings and replaces former Sears Canada CEO Douglas Campbell, who the company previously said would leave his post by the end of 2014.  
  • Abercrombie names Ann Taylor Loft exec as Hollister president

    New Albany, Ohio -- Abercrombie & Fitch Co. has named Fran Horowitz to the position of president of its Hollister brand. Horowitz, 51, will report to CEO Mike Jeffries and will have overall responsibility for all product and customer-facing activities for the Hollister brand, and for its financial performance. Horowitz is expected to commence employment with the company on or around Oct. 20, 2014.   
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