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Marketing

  • Report: EBay to run ads in mobile app

    San Francisco – EBay Inc. reportedly plans to begin running advertisements within its mobile app during fourth quarter 2014. According to Reuters, the Geico insurance company will be one of the first advertisers.

  • Vestar names new assistant VP of leasing

    Phoenix — Vestar, a privately-held real estate company in the western U.S. that acquires and manages retail and entertainment destinations, has named Jenny Cushing as assistant VP of leasing. Cushing will be responsible for overseeing and growing the leasing efforts throughout Vestar’s California, Arizona & Nevada projects.

  • Global Facility Management hires Lennox exec as sales manager

    Melville, N.Y. — Global Facility Management & Construction has hired Jaime Trujillo, a former member of the sales team at facilities services provider Lennox, to its sales team.  In his new role as sales manager, Trujillo will be instrumental in developing new business and expanding existing accounts.

     

  • Lululemon makes ‘meaningful progress’ in second quarter

    Although Lululemon CEO Laurent Potdevin recognizes that there is still much to be done, he praised the company’s “meaningful” progress on building a scalable foundation for its next phase of global growth.

    Net revenue for the quarter increased 13% to $390.7 million from $344.5 million in the second quarter last year.

  • Dollarama Q2 net income grows 15%; plans 70-80 net new stores

    Montreal, Canada — Dollarama Inc. reported net earnings of $68.9 million in the second quarter of fiscal 2015, up 15% from $59.8 million in the same quarter of the prior fiscal year.

    Sales increased 12% to $572.6 million from $511.3 million, and same-store sales climbed 6.2%.

  • New CFO at Hhgregg

    Hhgregg has added Robert J. Riesbeck to its executive team as CFO, as part of the retailer’s continued focus on transforming the business.

    Riesbeck has more than 25 years of experience in financial and operations management. Most recently, he served as operations executive/group CFO at Sun Capital Partners where he was responsible for financial and operations oversight of a diverse group of portfolio companies with combined revenues exceeding $5 billion.

  • RILA names government counsel as VP of privacy and cyber security

    Arlington, Va. - Nicholas Ahrens will join the Retail Industry Leaders Association (RILA) as VP of privacy and cyber security. Joining the association from the Office of the General Counsel at the U.S. Department of Commerce, Ahrens will lead RILA’s privacy and data security agenda and serve as the lead advocate to the government on cyber security, privacy, data security and related issues.

  • Kroger raises full-year guidance

    Kroger reported total sales of $25.3 billion, representing an increase of 11.6% for its second quarter. Total sales, excluding fuel, increased 12.4% in the second quarter over the same period last year.

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