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  • Coty names former Mars exec as new financial chief

    Leading global beauty company Coty has appointed Patrice de Talhouët as CFO. He will replace Sergio Pedreiro who will stay on at Coty through March 2014 to provide a seamless transition for de Talhouët, as well as to complete Coty's fiscal 2014 second quarter earnings release.

  • Nest hires VP of sales

    Gloucester City, N.J. — Nest International, a leading facility maintenance management firm, has appointed Joni Mayo to the position of VP of sales. Mayo brings 30 years of proven sales, marketing and operations leadership experience. Mayo joins Nest from Sylvania Lighting Services where she led sales in excess of $49 million in 2012.

  • Report: Investor urges changes at Abercrombie & Fitch

    New York -- Investor Engaged Capital LLC has urged Abercrombie & Fitch to start a search for a new chief executive officer and consider selling the company, Bloomberg reported. The company owns less than 1% of the retailer’s shares outstanding.

  • Engaged Capital suggests new direction for Abercrombie

    Newport Beach, Calif. -- Engaged Capital, an investment firm specializing in small and mid-cap North American equities and beneficial owner of approximately 400,000 shares of the common stock of Abercrombie & Fitch Co. sent a letter to the company’s board of directors on Dec. 3. In its letter, Engaged Capital highlighted the upcoming expiration of Abercrombie chairman and CEO Michael Jeffries’ employment contract on February 1, 2014 as an opportunity for the board to set a new direction for the company.

  • Retail Live! acquires Retailer One on One

    Austin, Texas — A national networking company that brings retailers together at events with industry leading landlords, brokers and developers, Retail Live! recently acquired Orlando, Fla.-based Retailer One on One, expanding the company’s market presence in the Southeast.

    Founded in 2011, Retail Live! has programs in Atlanta, Austin, Chicago, Denver, Los Angeles, New York, San Francisco, and now Orlando.

  • Family Dollar survey: Shoppers prefer brick-and-mortar for most holiday gifts

    Matthews, N.C. -- Despite the growth in e-commerce, Americans still prefer to make most holiday gift purchases in stores close to home, according to a recent national survey conducted for Family Dollar.

    Seven-in-10 consumers say they describe themselves as in-person shoppers, while only 30% say they would be best characterized as online shoppers. Also, more than half of surveyed consumers say they expect to travel 10 miles or less when looking for the majority of their gifts this season.

  • P&G appointment latest brand building move at Chobani

    Greek Yogurt leader Chobani hired 18-year Procter & Gamble finance executive Dipak Golechha to serve at its CFO reporting to founder and CEO Hamdi Ulukaya.

    Golechha replaces former Chobani CFO James McConeghy who stepped down in November, the company said. His successor Golechha spent the past 18 years in finance roles at P&G including CFO of the company’s global snacks division.

  • MinuteClinic opens first New Hampshire locations

    Woonsocket, R.I. -- MinuteClinic, a division of CVS Caremark Corporation, has expanded to its 28th state with the opening of clinic locations inside select CVS/pharmacy stores in New Hampshire. Clinics are now open in Concord and West Lebanon.  

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