Finance & Capital Management

NEW YORK — For the second year in a row, Office Depot was recognized in Newsweek magazine’s annual “Green Rankings” as the greenest large retailer in America. Across all industry sectors, Office Depot was ranked as America’s 8th greenest large company, a move up of 10 spots from last year, and was the only retailer in the U.S. Top 10 list.

Office Depot not only achieved the highest aggregate green score in the U.S. retail industry, but also led in Environmental Management, and disclosure of performance data.

Boca Raton, Fla. -- Office Depot announced the launch of Office Depot Merchant Services, an electronic payment processing service for small and medium-sized businesses.

In its seventh year, the annual Top Redevelopers survey took a little turn. Chain Store Age’s coverage of the prior year’s redevelopment highlights has been expanded to include an additional six-month period in order to make the results as current as possible. So, instead of covering redevelopment projects that occurred during calendar year 2010, this year’s results include the first six months of 2011, as well.


Medford, Ore. -- Harry & David Holdings has named Craig Johnson as its CEO.

Johnson most recently served as chief supply chain officer of Guitar Center. Prior to that, he was CEO of Musician's Friend, a Guitar Center subsidiary. He has also held positions at Oriental Trading Co., Golfsmith International Holdings, and Coldwater Creek.

The company exited Ch. 11 bankruptcy protection last month.

STRONGSVILLE, Ohio — The IBM Retail User Group announced that it has named Ron Ferri of Giant Eagle as its new president at its recent board of directors and 35th Annual Conference planning meeting in Las Vegas, Oct. 13 to 15.