Marketing

Despite a strong increase in same store sales, Genesco’s CEO says the company remains cautious about the rest of the fourth quarter.

Genesco Inc. reported that its same store sales, including both stores and direct sales, increased 10% for the quarter-to-date period ended Jan. 3, from the equivalent period last year. Same store sales increased 9% and sales for the company's e-commerce and catalog direct sales businesses increased 25% on a comparable basis for the period.

Oklahoma City -- Orange Leaf Frozen Yogurt announced the appointment of Geoff Goodman as its new president. Goodman most recently served as VP of brand excellence for Dallas-based CiCi's Pizza.

In his new position, Goodman will oversee operations, product development, brand management and franchise development. Reese Travis will remain CEO and focus on the company's strategic growth.

New York -- Former Coach Inc. chief Lew Frankfort has joined Sycamore Partners as an Executive in Residence, which will allow the private equity firm to tap into Frankfort’s retail knowledge, managerial expertise and network of industry relationships. Sycamore’s portfolio of retail investments includes Aeropostale, Coldwater Creek, Hot Topic, Jones New York, Nine West Holdings, Stuart Weitzman and Talbots.

Family Dollar is urging its shareholders to support a buyout offer from rival discounter Dollar Tree with less than two weeks remaining before a vote on the pending deal.

Family Dollar shareholders are scheduled to vote Jan. 22. on whether to accept the Dollar Tree offer.

Family Dollar has rejected numerous approaches from Dollar General, the latest worth $9.1 billion in cash, in favor of an $8.5 billion cash-and-stock offer from Dollar Tree. It has cited risks that the Dollar General deal would be blocked because of anti-monopoly rules.

Canton, Mass. -- Dunkin' Brands Group, the parent company of Dunkin' Donuts and Baskin-Robbins, announced that in 2014 its U.S. franchisees opened a total of 422 net new Dunkin' Donuts and Baskin-Robbins.

Denver -- Sandwich quick-serve chain Quizno’s has named Doug Pendergast as its new president and CEO, succeeding Stuart Mathis, who resigned the company.

Pendergast joins Quizno’s from The Krystal Co., where he was president and CEO; he also has held senior executive positions with Craftworks, Church’s Chicken and AFC Enterprises.

San Francisco – Gap Inc. should be happy to greet this year’s holiday season, based on its performance in the just-concluded 2014 holiday season. Net sales for the November and December 2014 holiday shopping season were up 4% and same-store sales were up 3%, compared with the previous year.

New York -- Bloomingdale’s is celebrating the National Basketball Association’s (NBA) 64th NBA All-Star Game in a big way with 16 basketball-inspired in-store pop-up shops filled with NBA team and All-Star merchandise.