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  • Terminix brings pest control to Canada

    MEMPHIS, Tenn. — Terminix has entered the Canadian pest control market with the acquisition of substantially all the assets of Toronto-based Magical Pest Control. It is the first Canadian asset acquisition for the company.

    Founded in 1997, Magical Pest Control is one of the largest pest control companies in Ontario. It specializes in commercial accounts and the property management sector, while also treating residential customers. The Toronto company, headed by president Mark Joseph, served customers throughout Ontario and eastern Canada.

  • Email delivery services provider names e-commerce exec as CEO

    LAS VEGAS — SMTP, Inc., a global provider of email delivery services, has appointed Jon Strimling as CEO of the company.

    "Jon is a proven executive and entrepreneur, with a track record of driving revenue and earnings growth," stated Semyon Dukach, chairman of SMTP. "His deep experience in operations, marketing and e-commerce will prove invaluable as he leads SMTP through its next phase of growth."

  • Walmart talks omni-channel on Q2 call; testing site-to-store lockers

    New York -- Walmart is expanding its omni-channel integration by testing the use of lockers to fill online orders, company officials said during the chain’s second-quarter earnings call on Thursday.

    “While this test is still in the early stages, the initial read on customer satisfaction and acceptance is very encouraging, with 90% of the customers who have used the service providing positive feedback,” Walmart U.S. CEO Bill Simon said during the call.

  • Kid Brands edits executive legal team

    EAST RUTHERFORD, N.J. — Kid Brands, Inc. has appointed Jodie Simon Friedman as the company’s VP, general counsel and corporate secretary. She replaces Marc Goldfarb, who resigned his position as general counsel and corporate secretary to pursue other opportunities. 

    Goldfarb has agreed to remain available to the company as a consultant providing legal services.

  • Dover Saddlery makes exec appointment

    Littleton, Mass. -- Dover Saddlery, a multichannel retailer of equestrian products, announced the hiring of James Cullen to the newly created position of executive VP.

    Cullen has over twenty five years of leadership experience in operations, finance and marketing, with particular expertise in the retail and distribution sectors including most recently, among others, Bakers Footwear Inc., and Reeds Jeweler, Inc.

     

  • Billionaire investor ups his stake in J.C. Penney

    As the turmoil with hedge fund manager Bill Ackman winds down at J.C. Penney, another of the company’s investors is making headlines. This time it’s George Soros, who according to regulatory filings, has added two million shares to his current 19.98 million in Penney holdings.

    This latest venture makes Soros Fund Management Penney’s second-largest investor — behind Ackman.

  • Soros increases Penney stake; two other large investors shed holdings

    New York -- As turmoil continues to surround J.C. Penney, one investor is upping his support of the embattled retailer even as two other large investors leave. Regulatory filings on Wednesday revealed that billionaire investor George Soros has added two million shares to his current 19.98 million in Penney holdings.

    The latest investment makes Soros Fund Management Penney’s second-largest investor, behind disgruntled hedge fund manager Bill Ackman.

  • Hershey sweetens up board

    HERSHEY, Pa. — The Hershey Company has appointed Mary Kay Haben to its board of directors. 

    “Mary Kay is a seasoned leader who brings a great wealth of relevant food and confectionery experience to her role as a member of the Hershey board,” said James Nevels, chairman of the board of directors. “She is an accomplished executive with extensive experience managing businesses in the consumer packaged goods industry and has an impressive track record in growing brands and developing new products.”

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