Finance & Capital Management

FRISCO, Texas — National Envelope, a privately held envelopes manufacturer in North America, has appointed former Tyco executive Jim Pinto to president and COO.

An affiliate of global investment firm the Gores Group, National Envelope regards itself as an environmental leader in the paper and envelope converting industries and has certifications from the Forest Stewardship Council, Rainforest Alliance, Sustainable Forestry Initiative, Programme for the Endorsement of Forest Certification and Green Seal.

The head of Walmart’s Chilean operation will assume responsibility for all of Latin America following the retirement of current president and CEO Eduardo Solorzano.

Bentonville, Ark. -- Wal-Mart Stores announced that Enrique Ostale, president and CEO of Walmart Chile, formerly D&S, has been named EVP, president and CEO of Walmart Latin America, where he will oversee Walmart's operations in Argentina, Brazil, Chile, Costa Rica, El Salvador, Guatemala, Honduras, Mexico and Nicaragua.

PHILADELPHIA — Urban Outfitters Inc. said its same-stores sales for the holiday season rose 9%, including its direct-to-consumer business. Excluding that unit, same-store sales fell 1%.

Total company net sales for November and December increased 15% to $666 million.

Among Urban Outfitters’ brands, comparable sales increased 33% at Free People, 10% at Urban Outfitters and 5% at Anthropologie. Direct-to-consumer net sales increased by 38% for the period and wholesale segment net sales increased 21%.

RACINE, Wis. — SC Johnson, a leader in sustainability, has received the Renewable Energy Customer-Generator of the Year award from Renew Wisconsin.

Renew Wisconsin is an independent nonprofit organization that leads and represents businesses, organizations and individuals who want cleaner, renewable energy in the state. It recognized SC Johnon for its achievements in using renewable energy in its global manufacturing operations.

Minneapolis -- Best Buy Co. on Friday reported revenue of $12.8 billion for the nine weeks ended January 5, 2013, compared with $12.9 billion for the nine weeks ended December 31, 2011. Online revenue rose 10%.

Same-store sales were down 1.4%.  Domestic same-store sales were flat, but fell 6.4% internationally.

ATLANTA — First Data Corporation, a global leader in electronic commerce and payment processing, has announced that CEO Jon Judge plans to retire from the company for health reasons.

First Data offers e-commerce solutions to merchants, financial institutions and their customers. First Data leverages its product portfolio and expertise to drive customer revenue and profitability, and facilitates payment by debit or credit card, gift card, check or mobile phone, online or at the checkout counter.

Strength in the computing, mobile phone and appliance categories enabled Best Buy to report flat same store sales during the holidays and temporarily silence the voice of those who had prematurely written the company’s obituary.