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  • Chico's FAS taps new SVP, CFO

    Chico's FAS has appointed Todd E. Vogensen as SVP, CFO, replacing Pamela Knous, who has left the company.

    Prior to his appointment as CFO, Vogensen had been the company's SVP of finance. He will report to Kent Kleeberger, who himself filled the CFO spot from 2008 to 2011 and is currently EVP, COO.

  • Hershey board chairman joins MWV as director

    MWV’s board of directors chose James Nevels as a new member, the packaging company announced Thursday.
     
    Nevels, the 62-year-old chairman of the Philadelphia-based investment advisory firm The Swarthmore Group and president of the Hershey Company’s board of directors, will work on MWV’s development and auditing committees. He joins the board as the company works to increase its margin goals and expand its packaging endeavors.
     

  • Walmart shows support of women-owned businesses with new logo

    Washington, D.C. — Walmart, along with the Women's Business Enterprise National Council and WEConnect International, on Wednesday joined forces to establish a unique logo for retail packaging of products from women-owned businesses. The new logo will bring consumer recognition of products provided by women-owned businesses on store shelves both in the U.S. and international markets. 

  • Alibaba to list on New York Stock Exchange

    New York -- China's Alibaba Group Holdings plans to list its shares on the New York Stock Exchange, Bloomberg reported. In a filing on Thursday, the company revealed it will use the ticket "BABA."

    Alibaba filed for its IPO in May. The online giant is looking to sell about a 12% stake, the report said. Experts have said it could be the largest U.S. IPO ever.

  • Pricechopper cuts jobs due to rising costs

    SCHENECTADY, N.Y. — Price Chopper Supermarkets announced that it has cut about 80 positions, citing a need to improve efficiency within the company amid rising costs, including “skyrocketing” healthcare costs.

  • Ikea to raise minimum wage for U.S. workers based on cost of living in each area

    Conshohocken, Pa. -- Ikea is planning to raise the hourly minimum wage for employees in its U.S. stores by an average 17%, beginning January 1, 2015. In a move unprecedented among U.S. retailers, Ikea’s wage hike will vary in that it will be based on the cost of living in each store’s location. According to Ikea, the change will take the average minimum hourly wage in its existing U.S. stores (as of June 2014) to $10.76, a $1.59 or 17% increase, and $3.51 above the current federal minimum wage.

  • Hungry Howie’s Pizza taps HungerRush Online Ordering

    Houston -- Hungry Howie's Pizza has signed a multi-year agreement to exclusively use HungerRush Online Ordering. HungerRush is a product of Revention, which has been providing online ordering services since 2006.

  • Creative Realities to merge with Wireless Ronin

    New York -- Creative Realities and Wireless Ronin Technologies, a leading marketing technologies solutions provider, announced they have entered into a definitive merger agreement.  

  • Big moves continue at Big Lots

    David Campisi joined Big Lots a little more than a year ago as president and CEO and with sales and profits gathering momentum the nation’s leading off-price retailer has decided to begin paying a hefty dividend.

    The operator of roughly 1,500 stores nationwide said it would begin paying a quarterly dividend of 17 cents a share as part of a more balanced approach to returning cash to shareholders and as a reflection of confidence in the company’s strategy and favorable long-term prospects.

  • Mocapay taps new business development director

    Mobile marketing and customer relationship management company Mocapay has hired Chris Munz as its director of business development.

    “Chris is a welcome and strategic addition to the Mocapay team,” Mocapay CEO Doug Dwyre said. “As Mocapay continues to grow we welcome Chris’ expertise and proven track record of successful marketing strategy planning and implementation as well as an extensive technical understanding of needs of clients.”

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