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  • Eddie Bauer names former VF Outdoor CFO as new COO/CFO

    Bellevue, Wash. -- Eddie Bauer LLC said Monday it has named Daniel E. Templin as COO and CFO of the company.

    Templin was previously CFO for VF Outdoor, which includes brands such as The North Face, Vans, JanSport and Timberland.

    Eddie Bauer also announced that current CFO Marv Toland will move into the newly created role of senior VP Direct with responsibility for the brand's e-commerce and catalog businesses.

     

  • Gap Inc. names H&M designer as creative director for namesake brand

    San Francisco -- Gap Inc. said Monday it has named Rebekka Bay as creative director and executive VP for Gap Global Design, effective Oct. 1.

    Bay is most noted for conceptualizing, developing and launching the COS brand for Hennes & Mauritz. She spent five years as creative director at COS.

    Bay will be responsible for Women’s, Men’s, 1969, Accessories and Body lines worldwide.

     

  • Restoration Hardware rebrands as RH

    Corte Madera, Calif. -- Restoration Hardware announced Monday it has rebranded the company as RH, in a move to better position itself as a multichannel operation.

    According to RH creator Gary Friedman: "Today's RH is a far cry from the hardware and nostalgic discovery item based business it once was.  … The new branding positions us for the future and reflects our belief that we can curate a lifestyle beyond the four walls of the home."

  • Best Buy CEO sells $1.19 million of stock

    Minneapolis -- A filing with the Securities and Exchange Commission revealed that Best Buy Inc. CEO Hubert Joly has sold $1.19 million worth of shares of common stock of the company.
     
    Joly sold 65,796 shares at a price of $18.02 per share, according to the SEC filing. According to Best Buy, the stock sale was made to cover taxes associated with stock grants.

     

  • Alliance Data acquires $145 million in Talbots credit card receivables

    Dallas -- Alliance Data Systems Corp. said Monday that it has acquired the receivables associated with The Talbots Inc.’s existing private-label credit card file, and will acquire the credit card accounts, pending regulatory approval. The receivables portfolio totals about $145 million.

    Alliance Data also said that its Retail Services business will provide private-label credit card services for Talbots, as well.

  • CVS Caremark names executive VP/general counsel

    Woonsocket, R.I. -- CVS Caremark said Monday it has named Thomas M. Moriarty as executive VP and general counsel for the company.  

    Moriarty most recently served as general counsel at the Celgene Corp., a biopharmaceutical company.

    Moriarty succeeds Douglas Sgarro who retired in May after more than 14 years with the company.

     

  • Walmart flexes holiday muscle, counters TRU initiative

    Walmart unveiled its top toy list Friday morning and couldn’t resist taking a shot at Toys "R" Us which launched a toy reservation program earlier in the week.

    Walmart said its layaway program and top toy offering gives parents the confidence to shop now for the toys kids want at every day low prices. And in an obvious dig at Toys "R" Us, the press release for Walmart’s top 20 toys declared, "no reservations required: America’s largest toy seller’s hassle-free layaway program begins this Sunday."

  • New promotions announced at Crocs

    NIWOT, Colo. — Casual footwear brand, Crocs, has announced that Dale Bathum has been appointed chief product officer, Mike DeBell has been named chief sales officer and Doug Hayes has taken the role of president of the Americas market. As chief product officer, Bathum will be responsible for overseeing ideation, design, development and introduction of Crocs products to the international marketplace, while DeBell will lead all Crocs global sales offices and direct-to-consumer sales in the role of chief sales officer.

  • Dole, Hy-Vee bring healthier food to Iowa schools

    BOONE, Iowa — Dole Food Company partnered with Hy-Vee Food Stores to donate five salad bars to schools in the central Iowa area at the United Community School in Boone, Iowa. The salad bars were donated as a part of the First Lady’s Let’s Move Salad Bars to Schools initiative, which has donated more than 1,440 salad bars serving more than 720,000 children across the country.

  • Saving the planet pays, for Walmart merchants

    All Walmart and Sam’s Club merchants can expect to have a portion of their compensation tied to the achievement of live better sustainability goals in 2013 as part of what president and CEO Mike Duke called an unwavering commitment to sustainability.

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