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  • Intuit CEO joins Nordstrom board

    Seattle – Brad Smith, president and CEO of Intuit Inc., has joined the board of directors of Nordstrom. Smith, who has been with Intuit since 2003, was named president and CEO in 2008. Prior to joining Intuit, Smith held sales, marketing and management roles with companies including ADP, PepsiCo, Seven-Up and Advo. He is also a former director of Yahoo.

  • Lumber Liquidators opens 300th store

    Toano Va. – Lumber Liquidators has opened its 300th store. The store, located in Las Vegas, is the company’s third in Nevada and second in Las Vegas. It also features the retailer’s new “store of the future” format that offers an expanded store showroom of approximately 1,600 sq. ft., including a broader assortment of flooring options, moldings and accessories.

  • Closing arguments in Macy’s-JC Penney suit set for Aug. 1

    New York – Closing arguments for the lawsuit Macy’s filed against JC Penney and Martha Stewart Living Omnimedia last year are scheduled to commence Aug. 1, according to a report in Reuters. The suit claims a December 2011 agreement to create Martha Stewart boutiques in JC Penney stores violated Macy’s exclusive right to sell Martha Stewart Living products.

  • Nordstrom beefs up board with Intuit CEO

    SEATTLE — Nordstrom has appointed Intuit president and CEO Brad Smith to the company’s board of directors. 

    His addition brings the total number of directors to 12, 9 of whom serve as independent directors. Nordstrom directors serve one-year terms and the company requires annual elections of all board members.

    Smith was named president and CEO of Intuit in January 2008, culminating a five-year rise through the company where he led several of its major businesses. 

  • Firing on all chambers, Smith & Wesson sales surge

    American’s demand for guns outstripped supply during the fourth quarter at Smith & Wesson Holdings, where ramped-up production produced a 37.6% sales increase.

  • Stein Mart’s Stein named CEO

    JACKSONVILLE, Fla. — Stein Mart’s interim CEO Jay Stein has been named CEO. 

    "It has been my pleasure to return and lead Stein Mart after nearly two years as interim CEO. Working side-by-side with our wonderful leadership team, we are now enjoying these great results," said Stein. "This is an important time in our company's history and I am very happy to be part of this great organization."

  • Hallmark board benefits from Google powerhouse

    KANSAS CITY, Mo. — Hallmark Cards has elected Claire Hughes Johnson, VP at Google to the company’s board of directors.

    "Claire Hughes Johnson has broad experience in developing innovative new businesses and business models," said Hallmark vice chairman, president and CEO Donald J. Hall Jr. "Her knowledge of the rapidly changing digital space as well as her experience leading global business and product teams will help us as we consider new opportunities and develop strategic plans to expand our business."

  • 7-Eleven brews 'Awesummer' promotion to offset rivals

    DALLAS — 7-Eleven is looking to leverage social media this summer with a limited duration offer designed to generate traffic at the retailer’s more than 10,000 worldwide locations.

    The announcement comes on the heels of Dunkin’ Donuts’ decision to focus more on its beverages and Starbucks’ announcement that it would be raising prices on select beverages. 

  • Kroger aims for zero waste

    Kroger is committing to moving its stores toward the EPA zero waste threshold of 90%, according to its seventh annual sustainability report.

    Currently Kroger diverts 58% of its waste from stores and will increase that figure to 65% by the end of this year and 70% by the end of 2015. The retailer also is committing to sourcing 100% certified sustainable palm oil by the end of 2015.

  • JoS. A. Bank to dress vets with success

    HAMPSTEAD, Md. — JoS. A. Bank Clothiers teamed up with the Gary Sinise Foundation to give suits to thousands of military veterans as they re-enter the civilian workforce.

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