Finance & Capital Management

Foothill Ranch, Calif. -- Mindy C. Meads has resigned from the board of directors of The Wet Seal, effective Feb. 4, in order to focus on her new role as CEO of specialty women’s apparel retailer Calypso St. Barth.

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 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.

Austin, Texas -- Whole Foods Market has acquired leases from Safeway Inc. for seven locations formerly operated as Dominick's stores. Terms of the agreement were not disclosed.

J.C. Penney scored its first positive quarterly sales result since 2011, reporting a same-store sales increase of 2% in the fourth quarter, which included the holiday season.

Milwaukee — NAI MLG Commercial has promoted Kevin Schmoldt to VP. Schmoldt joined the company in 2007 as an intern while studying at the University of Wisconsin – Milwaukee. After becoming a broker associate in May of 2009, he worked with landlords, tenants and investors.

The Wisconsin representative for NAI Global, NAI MLG Commercial is a privately owned commercial real estate company offering a full range of brokerage and property management services.

Mississauga, Ont. – Wal-Mart Canada plans to complete 35 supercenter projects in the company's fiscal year which runs from February 1, 2014 to January 31, 2015. The company also will expand its distribution network to support its growth and will continue to expand its Canadian e-commerce operation.  

Canton, Mass. - Dunkin' Brands Group, the parent company of Dunkin' Donuts and Baskin-Robbins, opened more than 50 non-traditional U.S. locations in 2013, at airports and other mass transportation terminals, casinos and resorts, military bases, and colleges and universities around the country.  

Dunkin' Brands currently has more than 600 non-traditional locations in the U.S.