Marketing

PURCHASE, N.Y. — PepsiCo announced that its current president is resigning from his post.

Boston-based City Sports names Edward Albertian as president and CEO

The 21 store chain said Albertian had joined the company after serving the prior seven years as president and CEO of Trans National Group.

Denver -- Natural Grocers by Vitamin Cottage said Wednesday it plans to open seven new stores by March 2013, bringing the total count to 64 in 12 states.

In addition, the company said it has relocated and expanded one of its flagship Denver stores.

The seven new stores will be opened during the next six months in Sedona, Ariz.; Steamboat Springs, Colo.; Helena and Missoula, Mont.; Omaha, Neb.; and Denton and Lubbock, Texas.

GRAND RAPIDS, Mich. — Meijer's "Simply Give Week" garnered more than $145,000 in donations from its customers. The effort, combined with the commitment from Meijer to double all donations made Sept. 2 to 8, brought the week's total donation to $437,400, Meijer co-chairman Hank Meijer said.

Meijer launched Simply Give Week to support Hunger Action Month in September and highlights its continuing commitment to hunger relief.

Oak Brook, Ill. -- Ace Hardware Corp. has reported substantial growth and expansion in priority markets across the country.

“Our aggressive, long-term growth strategy features a total package of resources and support to ensure a successful future for our retailers,” said Mike Berschauer, director, retail development for Ace Hardware. “After a prosperous second quarter focused on store activations and conversions, Ace is on-track to achieve its goal of opening 170 new domestic stores in 2012.”
 

New York -- Hollister has fired three male models it flew in for the grand opening store of its first store in South Korea after the models mocked Asians in photos and on their social media accounts, according to various media reports.

Washington, D.C. -- The National Retail Federation announced that its board of directors has authorized the Federation to go to court to block the proposed $7.25 billion settlement of a federal antitrust lawsuit over skyrocketing Visa and MasterCard credit card swipe fees that cost consumers hundreds of dollars a year.

SAN FRANCISCO — Old Navy is getting in on the Fashion Week fun with a New York City event designed to celebrate fashionable women of all shapes and sizes.

On Sept. 14, women are invited to "strut their stuff" and model Old Navy's rockstar skinny jeans on the jean-shaped runway at Bryant Park.

Everyone who struts their stuff on the jean-shaped runway will walk away with a free pair of rockstar jeans. The colored denim line, available in 31 shades, retails for $34.50.