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  • Stanley Black & Decker appoints new chair

    The board of directors of Stanley Black & Decker has announced that CEO John Lundgren has been elected to serve in the additional capacity as chairman of the board, effective March 13, following the expiration of Nolan Archibald’s term as executive chairman of the board.

    Archibald’s employment agreement with the company expires on March 12, at which time he will retire as executive chairman of the board and as an executive of the company.

  • Former Hy-Vee head given top industry honor

    SCOTTSDALE, Ariz. — The retired head of Midwestern supermarket chain Hy-Vee took home the top honor at a recent supermarket industry conference.

    The Food Marketing Institute said Monday that it gave its most prestigious honor — the Sidney R. Rabb Award for excellence in serving the consumer, the community and the industry — to retired Hy-Vee chairman and CEO Ric Jurgens at the FMI Midwinter Executive Conference.

  • Togo's continues West Coast expansion with 11 openings

    San Jose, Calif. -- Sandwich chain Togo's Eateries Inc. announced Monday it is in development on 30 new Togo’s units, as the company executed as many franchise agreements in 2012 in order to add to its West Coast presence.

  • Ikea given approval to open stores in India

    Delhi, India -- A Monday report by Bloomberg said that Ikea has received the go-ahead from the Indian government to open outlets in the country, making it perhaps the first major foreign retailer to set up its own stores in the region.

    The Swedish furniture retailer was cleared by the Foreign Investment Promotion Board, according to a statement by Commerce Minister Anand Sharma. The approval is a turnaround for the Indian government which last year barred Ikea from operating cafes and limited retail wares it could sell in stores.

  • JustFab.com to make kids fabulous

    EL SEGUNDO, Calif. — JustFab, a leading fashion-subscription e-commerce site and lifestyle fashion brand, has acquired children's fashion brand and personalized e-commerce service, FabKids.

    JustFab is headed by president and creative director Kimora Lee Simmons. FabKids was launched by ShopStyle founder and serial entrepreneur, Andy Moss, and mom and actress Christina Applegate, in August 2012.

  • Cookbook author to share healthy recipes with Sam's Club

    BENTONVILLE, Ark. — Sam's Club has hired cookbook author Katie Workman to recommend simple and healthy foods to influence people to eat better, the club retailer said Monday.

    Workman is the author of "The Mom 100 Cookbook," and the retailer has hired her to join its Sam's Club Simply Delicious Chef Brigade and give people healthy recipes and encourage them to add fish and vegetables to their diets.

  • Rona reshuffles board amid shareholder pressure

    Boucherville, Quebec -- A Monday report by Reuters said that Canadian home-improvement chain Rona Inc. has appointed a new executive chairman and has again shuffled its board in response to mounting investor pressure to make measurable changes.

    Rona successfully fought a takeover by Lowe’s Cos. late last year, as the U.S. company offered $1.86 billion to acquire Rona.

  • CraftWorks names Old Chicago president

    Chattanooga, Tenn. -- CraftWorks Restaurants & Breweries, owner of the Old Chicago, Rock Bottom and Gordon Biersch banners among others, said Friday it has named Mike Mrlik as SVP of CraftWorks and as president of Old Chicago.

    Mrlik is charged with leading Old Chicago’s brand refresh as 55 locations roll out a redesign with an emphasis on ramped-up service and experience.

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