Marketing

Toronto -- Holt Renfrew will open a flagship store in spring 2016 at Square One Shopping Centre in Mississauga. The store, planned at approximately 120,000 sq.-ft., is part of the company's aggressive growth plan, which will result in a 40% expansion of the total square footage of Holt Renfrew's network.

In addition to the new Square One site, a number of Holt Renfrew stores will be renovated and expanded, with some completely rebuilt.

NEW YORK — Macy’s is turning to its customers for its next commercial, the retailer’s first national crowd-sourced spot created in celebration of America by Americans. 

PAWTUCKET, R.I. — Strength in the games category enabled Hasbro to increase first quarter revenues by 2% to $664 million compared to $649 million for the same period last year. 

First quarter revenues were negatively affected by $3 million due to the impact of foreign exchange and one less week in the reporting period. The first quarter 2013 was a 13-week period compared to the first quarter 2012, which was a 14-week period.

CINCINNATI — Tide will get in on the 2013 NFL Draft action by offering an endorsement deal to the first player drafted to each of the 32 NFL teams, in celebration of their new colors. 

Tide will also reward fans with a gift delivered via Twitter by each of the contracted rookies during the first and second rounds of the draft. The rookies will also ask the fans to share what team colors mean to them by tweeting out using hashtag #AboutOurColors.

FORT WASHINGTON, Pa. — Walmart will exclusively offer the 5-Day Nutrisystem Jumpstart Your Weight Loss Kit at nearly 2,000 stores.

The new 5-Day Nutrisystem Jumpstart Your Weight Loss Kit, including 15 entrees plus desserts, a free meal planner and program guide with access to free weight loss counseling, can be purchased in-store for $44.98. There is also a 5-Day Nutrisystem kit designed for people losing weight to help manage their diabetes available in the pharmacy section of select stores.

PALM BEACH, Fla. — During the National Association of Chain Drug Stores Annual Meeting today, the association elected the new officers, two new executive committee members and four new board of directors members for the coming year. The NACDS Foundation also announced the addition of five new members. 

Robert Narveson, president and CEO of Thrifty White Pharmacy, was elected as the new NACDS chairman of the board of directors, succeeding Gregory Wasson, president and CEO of Walgreens.

New York -- J.C. Penney announced Thursday that its COO Michael Kramer has resigned, along with chief talent officer Daniel Walker – bringing Penney’s April executive casualty number to five. Both resignations had been previously reported.

Kramer’s resignation was disclosed via a Securities and Exchange filing. He walked away with a $2+ million cash payment.

The two latest resignations follow CEO Ron Johnson’s departure last week, along with product development lead Nick Wooster and marketing VP Sissie Twiggs.

Oak Brook, Ill. -- McDonald's Corp. reported Friday that net income for the quarter ended March 31 rose about 1% to $1.27 billion, from $1.26 billion last year. Total revenue also rose 1%, to $6.6 billion from $6.5 billion.

Same-store sales dipped, however, impacted said McDonald’s by a tightened eating-out environment during the quarter.

At home, same-store sales dipped 1.2%.

Corte Madera, Calif. -- Restoration Hardware Holdings Inc. reported Friday a loss of $28.4 million for the quarter ended Feb. 2, compared with a profit of $24 million in the year-ago period. Results, impacted by costs associated with the company’s November 2012 IPO, edged analysts’ expectations.

Revenue surged 30% to $398.1 million from $305.2 million last year, beating Wall Street’s forecast of $390.5 million. Same-store sales advanced a hefty 26%.

Houston -- Francesca's Holdings Corp. said Friday it has appointed Laurie Ann Goldman and Joseph O'Leary to its board of directors, effective April 17.

Goldman is CEO of shapewear brand Spanx. Earlier in her career, she held marketing positions at R.H. Macy and Maison Blanche Stores.    

O'Leary is EVP merchandising, marketing, supply chain and strategic planning for PetSmart.