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  • Former GNC CFO lands at 4moms

    Late last week, Retailing Today reported the GNC CFO Mike Nuzzo had resigned his position to accept a role at a private equity-funded consumer products company. Today, 4moms, a special-purpose robotics company that makes high tech baby gear, confirmed that it has appointed Nuzzo as chief administrative officer and EVP of business development.

  • Sears Canada enters Calgary North Hill development agreement

    Toronto - Sears Canada Inc. has entered into a binding agreement with Concord Pacific Group of Companies to pursue the development of the 12-acre Sears site located at the North Hill Shopping Center in Calgary, Alberta. Closing under the agreement is conditional upon satisfaction of conditions such as site investigations and obtaining the approval from the city of Calgary for the project, which are expected to take some time.  

  • Judge rules J.C. Penney 'interfered' in Macy’s/Martha Stewart deal; damages pending

    New York -- In a long-awaited ruling  handed down Monday by the New York State Supreme Court, J.C. Penney have been found to have "tortiously" interfered with Macy’s 2006 contract with Martha Stewart Living Omnimedia, when Penney entered into its own contract with Martha Stewart in 2011.

  • Groceries from strangers: Instacart poised for expansion

    Crowdsourced grocery delivery provider Instacart is expanding its same day and one-hour service to new markets after receiving $44 million in funding from some big name Silicon Valley investors.

  • Stage Stores names veteran retail exec to board

    Houston - Elaine D. Crowley, 55, was appointed to the Stage Stores Inc. board of directors. Her appointment brings the board’s membership to 10 directors.

  • Campbell adds Pitney Bowes CEO to board

    Campbell Soup Company has elected Marc B. Lautenbach to its board.

    Lautenbach has been president and CEO of Pitney Bowes since Dec. 2012. Under his leadership, Pitney Bowes is diversifying its portfolio beyond its core mailing business and moving into adjacent growth areas, such as digital commerce.

  • Starbucks to provide free college education for thousands of workers

    New York -- Starbucks Corp. is launching an innovative program in partnership with Arizona State University (ASU) whereby the coffee giant will help pay for the cost of an online degree for its part-time and full-time associates who work at least 20 hours a week. In a twist from the standard tuition reimbursement program, Starbucks employees who participate in the program will not be obligated to stay on with the company after graduation.

  • 7-Eleven to make Middle East debut, in Dubai

    Dallas -- 7-Eleven has signed a master franchise Agreement with Seven Emirates Investment LLC to develop and operate 7-Eleven stores in the United Arab Emirates (UAE). The expansion marks the company's first entry into the Middle East region.
       

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