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Marketing

  • OfficeMax names head of human resources

    NAPERVILLE, Ill. — OfficeMax announced that Steve Parsons has been appointed EVP and chief human resources officer, effective July 25.  In this position, Parsons will report to Ravi Saligram, president and CEO of OfficeMax, and will be responsible for all aspects of global human resources for the company, including talent management, compensation and benefits, training, leadership development, recruitment, diversity, and internal and corporate communications.

  • PayPal pushes up eBay revenues in Q2

    SAN JOSE, Calif. — eBay reported that revenue for the second quarter ended June 30, increased 25% to $2.8 billion, compared with the same period of 2010. The company recorded second quarter net income on a GAAP basis of $283.4 million, or 22 cents per diluted share, and non-GAAP net income of $630.9 million, or 48 cents per diluted share.

    The company reported that its PayPal business' net total payment volume grew 34% to $28.7 billion in the second quarter of 2011 compared to the same period of last year.

  • Family Dollar names loss prevention exec

    Matthews, N.C. -- Family Dollar Stores said Thursday that it has named Christopher Nielsen to the position of VP -- loss prevention.

    Nielsen will report to Bryan Venberg, senior VP – human resources.

    He began his career at Family Dollar in 1998 as regional loss-prevention director, and was promoted to regional VP in 2001.
     

  • Sherwin-Williams Q2 profit dips 1%

    Cleveland -- Sherwin Williams Co. reported Thursday that profit for the second quarter fell 1% to $179.1 million, compared with $181.7 million in the year-ago period.

    The paint company cited higher raw material costs and increased expenses for the performance slip.

    Revenue rose 10% to $2.35 billion from $2.14 billion, missing Wall Street expectations of $2.41 billion. Same-store sales increased 4%.
     

  • Walmart A.D. (after Dukes) and the case that won’t die

    When the Supreme Court ruled that a sex discrimination case against Walmart wasn’t worth of class action status that was supposed to end things. Wrong.

  • Safeway sees sales and income boost in Q2

    PLEASANTON, Calif. — Safeway Inc. reported net income of $145.8 million, or 41 cents per diluted share, for the second quarter of 2011 compared with $141.3 million, or 37 cents per diluted share for the second quarter of 2010.

    The company reported that total sales increased 7.1% to $10.2 billion in the second quarter of 2011 from $9.5 billion in the second quarter of 2010. Identical-store sales, excluding fuel saw a 0.5% increase.

  • Staples names new CIO

    FRAMINGHAM, Mass. — Staples has announced the promotion of Christine Putur to CIO. In her new role, Putur will have global responsibility for information technology strategy and execution. Putur will report to John Mahoney, Staples vice chairman and CFO.

    "Chris has demonstrated great leadership at Staples," said Mahoney. "She has deep knowledge of our customers and company with proven ability to align information systems to business goals. Chris will drive the IT organization as an important part of our success in the years to come."

  • Kmart focuses on individual style in latest campaign

    NEW YORK — Kmart is changing its approach to fashion with a new campaign focused on individual style rather than name brands or trends. The campaign, titled "Money can't buy style," will debut this fall and will feature non-actors in Kmart looks they've created themselves.

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