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  • Men’s Wearhouse extends David’s Bridal agreement

    Fremont, Calif. – The Men's Wearhouse has extended its exclusive relationship with David's Bridal. The amendment to the current contract extends the partnership by five years with the option to extend for an additional five years.

    "Our relationship with David's Bridal has been an important part of our tuxedo marketing plan since 2007,” said Doug Ewert, Men's Wearhouse president and CEO. “We are excited to extend this valuable partnership and enhance our co-marketing programs to continue providing superior wedding services."

  • Sears Canada CEO resigns; appoints COO as new chief executive

    Toronto – Sears Canada CEO Calvin McDonald has resigned to take a position with an unnamed international company. The retailer named COO and executive VP Douglas C. Campbell as president and CEO.

    As COO, Campbell was responsible for retail store operations, logistics, replenishment, IT, corporate procurement, and international sourcing. Prior to joining Sears, Campbell was a principal with Boston Consulting Group and also an officer in the U.S. Marine Corps.

  • Consumer confidence falls in September

    New York -- Consumer Confidence decreased in September amid resurfacing concerns about the short-term outlook for both jobs and earnings, according to The Conference Board’s Consumer Confidence Index. The index, which had increased slightly in August, now stands at 79.7, down from 81.8 in August. Analysts had expected the index to fall to 79.9 this month.

    The Present Situation Index grew to 73.2 from 70.9. The Expectations Index fell to 84.1 from 89.0 last month.

  • VeriFone appoints new CEO

    VeriFone Systems, a leading global secure electronic payments provider, has appointed Paul Galant as the company’s CEO and elected him to its board of directors, effective Oct. 1.

    Prior to joining VeriFone, Galant served as the CEO of Citigroup Inc.’s Enterprise Payments business since 2010. Before that, from 2009, Galant served as CEO of Citi Cards, heading Citigroup’s North American and International Consumer Credit Cards business during a period of dramatic change in the industry. Prior to that, from 2007, he was CEO of Citi Transaction Services.

  • David’s Bridal bolsters omnichannel offerings

    David’s Bridal is turning to Manhattan Associates to bolster its omnichannel offerings and ensure on-time and accurate delivery of customer orders from across its network. The announcement comes on the heels of its extended exclusive relationship with the Men's Wearhouse. 

    The amendment to the current contract with Men’s Wearhouse extends the partnership by five years with the option to extend for an additional five years.

  • McAlister’s Deli names franchise vet chief development officer

    Alpharetta, Ga. – McAlister’s Deli has named Jeff Sturgis as chief development officer. Sturgis has more than 17 years of experience in the franchise industry, including working as a consultant as well as senior management and development positions with Fantastic Sams Hair Salons and Focus Brands.

    Sturgis will lead development functions including franchise sales, real estate, store design and construction.

  • Burger & Beer Joint plans 50-store expansion

    Jupiter, Fla. — Burger & Beer Joint has announced plans for an expansion of 50 stores through franchised and corporate units over the next few years. The expansion is already well underway.

    The company recently opened a third store in South Florida and has signed a 10-store franchise agreement to open stores throughout Florida and Georgia.

     

  • Sport Chalet hires Cappello Capital Corp. as exclusive financial advisor

    Los Angeles -- Sport Chalet has engaged Cappello Capital Corp. as its exclusive financial advisor to assist in exploring a range of options including strategic partners, investors, alliances and joint ventures.

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