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  • Sears financial exec hired by JPMorgan to develop payment services

    New York City -- JPMorgan said Thursday it has hired Sears Holdings Corp. president of financial services Susan Ehrlich as a senior VP.

    Ehrlich will be charged to help create new payments services for customers, retailers and small businesses.

    Ehrlich managed Sears’s expansion of payment and credit products over a five-year period for the retailer.
     

  • Yogurtini opens first of 10 southern Florida self-serve outlets

    Tempe, Ariz. -- Self-serve frozen yogurt concept Yogurtini said Thursday it will open the first of 10 stores planned for the southern Florida area.

    A unit in Coral Springs, Fla., will open on Oct. 1, marking the first of 10 franchise locations through an area-development deal with Emilio and Javier Braun.

    The brothers, who are based in Miami, are in the process of opening stores in Davie, Fort Lauderdale and the Hammocks Community in South Miami-Dade County.
     

  • Neiman Marcus debuts first Foursquare challenge

    Dallas -- Neiman Marcus said Thursday it has launched its first-ever foursquare challenge to take place on Oct. 1 in conjunction with the department store retailer’s Shoe & Handbag Event.

  • Report: U.S. consumer confidence hits near-record low

    New York City -- A report released Thursday by Bloomberg said that consumer confidence in the United States slumped last week to the second-lowest level on record.

    The Bloomberg Consumer Comfort Index dropped to minus 53 in the period ended Sept. 25 from minus 52.1 the prior week. Similar readings were reached three times in the first half of 2009 and surpassed only by all-time lows of minus 54 plumbed in November 2008 and again in January 2009.

  • Cabela's names head marketer

    SIDNEY, Neb. — Cabela’s Inc. announced that Scott Williams will be joining the company as EVP and chief marketing and e-commerce officer, reporting to Tommy Millner, chief executive officer.

    Previously, Williams served as president of Fanatics Inc., a vertically integrated online retailer of team and league licensed sports apparel and collectibles, which he joined in 2010. While at Fanatics, Williams led business and financial results with specific emphasis on marketing, IT, business development and manufacturing.

  • Kohl's opens 30 new stores, focuses on innovation

    MENOMONEE FALLS, Wis. — Kohl’s Department Stores has announced the grand opening of 30 new stores across 20 states. According to the company, these openings will create approximately 4,000 new jobs.

  • 'Broader' challenges await new Walmart Canada head

    BENTONVILLE, Ark. — In her new role as president and CEO of Walmart Canada, Shelley Broader will be tasked with addressing new competition from Target and other retailers expanding into Canada. Broader, who joined Walmart Canada in 2010 as chief merchandising officer, will assume her new role effective immediately.

    Prior to Walmart, Broader held a range of key positions with Michael's and Hannaford Bros.Wal-Mart Stores, Inc.

  • Sports journalist joins team GNC LiveWell

    PITTSBURGH — GNC Holdings on Wednesday announced that Jenn Brown, two-time Emmy Award-winning sports journalist, has joined the GNC LiveWell team as its newest brand ambassador.

  • Former Walmart EVP gets a sweet new gig at Nestlé

    VEVEY, Switzerland — Wan Ling Martello, who currently serves as Walmart's EVP global e-commerce of emerging markets, has been named EVP and CFO of Nestlé, effective April 1, 2012. Martello will replace Jim Singh will retire in March 2012 after 35 years with the company.

  • Walmart named to Washington state green list

    SEATTLE — Walmart announced that ihas been selected as one of the Washington Green 50 list by Seattle Business Magazine as part of its annual Green Washington Awards competition. Walmart was a finalist in the retail category.

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