Marketing

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. 

DEERFIELD, Ill. — Walgreens cited a challenging economy and low front-end comparable store sales for its weaker than expected third quarter results. 

The company has therefore initiated a three-point plan to boost front-end performance as the company shifts its Balance Rewards customer-acquisition focus into second gear with a greater emphasis on redemption and rewards. 

FREMONT, Calif. — The Men’s Wearhouse’s board of directors has offered new details regarding founder George Zimmer’s termination as executive chair.

"Our actions were not taken to hurt George Zimmer. Rather we were focused on what we believed to be in the best interests of Men's Wearhouse, as well as shareholders and employees. While Mr. Zimmer owns 3.5% of the stock, it is our obligation to represent the interests of all shareholders.”

New York - A report released by Bloomberg on Tuesday said that confidence among American consumers in June surpassed expectations, climbing to the highest level in more than five years.

The Conference Board’s index rose to 81.4, beating Bloomberg forecasts of 75.1 and reaching the highest point since January 2008. The index reached 74.3 in May. 

Pleasanton, Calif. - Safeway was selected to receive the 2013 Secretary of Defense Employer Support Freedom Award, the nation's highest honor given to employers for exceptional support of National Guard and Reserve employees.

Employer Support of the Guard and Reserve, an office of the Department of Defense, announced the 15 award recipients on Tuesday.

GREEN BAY, Wis. — Shopko and Stanley Black and Decker have teamed up to donate nearly 100 power tools to Greater Green Bay Area Habitat for Humanity.  

CONCORD, Mass. — Welch’s brought in food historian and Food Network star Alton Brown to celebrate Ephraim Wales Bull, the man who grew the first Concord grape in the mid-19th century.

In a ceremony at the company’s new headquarters in Concord, Mass., Welch’s and Brown honored Bull with the dedication of a freshly planted vineyard, grown from his original Concord grapevine, cultivated more than 160 years ago.

NEW YORK — Beauty brand Coty has promoted Stephen Mormoris to the position of SVP, global marketing American fragrances, Coty Prestige. Additionally, Johanna Businelli has been promoted to the newly created position of SVP, color cosmetics, Coty Beauty.