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Finance & Capital Management

  • Cabela’s adds DTCC administrative chief Milrod to board

    Cabela’s has appointed Donna M. Milrod to its board of directors.

    “Donna is a proven leader and brings a wealth of regulatory, finance, and capital markets experience,” said CEO Tommy Millner. “The board and Cabela’s will greatly benefit from Donna’s insights and knowledge.”

  • Report: Target exec apologizes for breach in Senate testimony

    Minneapolis – John Mulligan, executive VP and CFO of Target, said the retailer is deeply sorry for its late 2013 data security breach and is aware that consumer confidence in the company is shaken; his comments came during Feb. 4 testimony before the Senate Judiciary Committee.

    According to Reuters, Mulligan also said that Target discovered 25 registers infected with malware on Dec. 18, contradicting an earlier statement from the retailer that all malware had been removed by Dec. 15.

  • Topshop takes Manhattan

    Topshop/Topman plans to open a 40,000-sq-ft. flagship store on Fifth Avenue in New York. The new Manhattan store will be located on the corner of 49th Street, and is adjacent to Rockefeller Center.

  • Walgreens January sales grow 3.7%

    Deerfield Park, Ill. - Walgreens had January 2014 sales of $6.39 billion, an increase of 3.7% from $6.17 billion for the same month in fiscal 2013. Same-store sales grew 2.9%.

    Calendar day shifts negatively impacted total comparable sales by 0.3 percentage point, while generic drug introductions in the last 12 months negatively impacted total comparable sales by 0.9 percentage point. Walgreens opened 12 stores during January, including three relocations, and closed three.

     

  • The Home Depot Canada prepares for spring

    The Home Depot Canada is currently hiring 6,300 employees across all 180 locations to support its busiest season — spring.

    "Spring gives us the opportunity to find the best associates, who are passionate about customer service," said Bill Lennie president, the Home Depot Canada. "From Vancouver to St. John's, we are about building meaningful, sustainable careers."

  • Hobby Lobby to open 70 stores in 2014

    Oklahoma City -- Hobby Lobby announced it will open 70 stores throughout the United States in 2014, for a total of 625 locations nationwide.

    The arts and crafts retailer said that as part of its expansion it will enter the states of Vermont and Oregon this year.
     

  • President and CEO of Susser Holdings’ retail division to leave company

    Corpus Christi, Texas - Steve DeSutter, president and CEO of Susser Holdings’ retail segment, is leaving the company, effective Feb. 28, 2014, to accept an opportunity to lead a significant company outside the convenience store industry. That segment will now report directly to Sam L. Susser, chairman and CEO of Susser Holdings, on an interim basis.

  • Ball taps new president of North American metal beverage packaging division

    Ball Corporation has named Daniel W. Fisher as president, North American metal beverage packaging division, Americas, succeeding Michael Hranicka, who recently left the company.

    Fisher joined Ball in 2010 as VP, finance, North America, Ball metal beverage packaging division, Americas, and most recently held the position of SVP, finance and planning for that same business. Fisher reports to Gerrit Heske, Ball's SVP and chief operating officer, global beverage metal packaging.

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