Marketing

Palo Alto, Calif. – SAP is opening HanaHaus, a new cafe and community workspace that aims to foster a culture of technology innovation, on March 19. Located in Palo Alto, California, HanaHaus seeks to become a central hub of activity that supports new thinking and entrepreneurial energy.

After opening its first stores in Alabama this month, tween and teen retailer Five Below is taking Kentucky off its expansion list next, with new stores there opening this week.

"Entering Louisville is an important next step as we continue to grow our footprint across the country," said Joel Anderson, CEO of Five Below. "We're excited to serve new customers in this dynamic city. Kids and parents looking for a fun place to shop for trend-right, high quality products at a great value will surely enjoy Five Below."

New York - EBay and Sotheby’s are jointly launching live auctions on EBay. Part of EBay’s new live auctions platform, the service is now available for browsing and advance bidding on Sotheby’s items leading up to the launch of Sotheby’s first live auctions on eBay on April 1.

EBay and Sotheby’s originally announced plans to partner on live auctions in July 2014, and have since worked together to deliver a virtual experience. Sotheby’s first live auctions on eBay will be a themed New York sale and a photographs sale.

New York – Foot Locker Inc. is significantly raising its long-term financial objectives for 2020, including achieving sales of $10 billion. The retailer also seeks to achieve sales per gross square foot of $600, net income margin of 8.5%, EBIT margin of 12.5%, return on invested capital of 17%, and inventory turnover of three or more times.

Columbus, Ohio - The Kroger Co. has named Joe Grieshaber, who has served as president of the Dillons banner since 2010, as president of Kroger's Columbus division. Grieshaber replaces Bruce Macaulay, who is retiring after 42 years with Kroger.

Barnes & Noble is trying to generate excitement around its struggling Nook products with a giveaway tied to social media.

The retailer says the #NOOKReadingStyle Sweepstakes is designed to inspire book lovers to share their reading style on their Facebook pages and other social media channels. Through March 31, participants can enter for a chance to win exciting prizes, including a $500 Gilt E-Gift Card, a Samsung Galaxy Tab 4 NOOK and 100 $25 Barnes & Noble Gift Cards by completing the sweepstakes entry form on the NOOK Facebook page.

Mahwah, N.J. - Inserra Supermarkets has named Ron Onorato as its new president and COO. Onorato takes over the role as Steve Chalas retires from the Inserra after a more than 50-year career.

Onorato brings more than 35 years of industry experience to his new role at Inserra. Previously, Onorato served as the senior VP of operational initiatives of Ahold USA, and as the president of the New York division of Stop & Shop.

Inserra Supermarkets owns and operates 21 ShopRite supermarkets in New Jersey and New York.
 

Just in time for spring’s college basketball showdown, Hhgregg is offering a winning deal to customers who shop in-store or online.

The retailer is offering zero down and no-interest financing until January 2018 on qualifying purchases from now until March 28.