Strategy

Dublin, Calif. -- dd’s Discounts, a division of Ross Stores, will open its first store in New Jersey, in the town of Ewing, on June 28.

Including this new location, dd’s Discounts will operate approximately 140 locations in 11 states. The company is on schedule to complete its expansion plan to open approximately 20 locations in 2014.

Together, Ross Dress for Less and dd’s Discounts currently operate over 1,300 off-price apparel and home fashion stores in 33 states, the District of Columbia and Guam.

Wayne, N.J. – Toys “R” Us, Inc. announced that it has named Michael J. Short executive CFO, effective June 23.
 
Short, 53, a seasoned finance executive with broad retail and corporate development experience, was most recently executive VP and CFO of AutoNation for seven years.
 

Suburban Atlanta will be home to Keurig Green Mountain’s new manufacturing facility used to produce new cold products resulting from its new partnership with Coca-Cola.

Melville, N.Y. - Global Facility Management & Construction has hired Stacy Brown as director, strategic planning and development. In her new role, Brown will oversee determining Global’s strategic policy as it relates to future business.

Brown was a key member of the executive team at ServiceChannel for the past 15 years. Prior to ServiceChannel, she worked for a large retailer in facilities management and construction.
 

In 1975, when I started what would become Rexall Sundown, the world was a very different place. Gerald Ford was in the White House, there was no social media and the TV universe was limited to three networks and a few local channels.

New York -- As part of a strategic move towards achieving seamless inventory management in an omnichannel retail environment, eco-friendly outdoor apparel retailer and wholesaler Patagonia has extended its partnership with 7thonline to support merchandise and assortment planning for its brick-and-mortar stores and e-commerce channel.

Beaverton, Ore. - John Donahoe, 54, president and CEO of EBay Inc., has been appointed to the board of directors of Nike Inc. Donahoe joined EBay in 2005 as president of EBay Marketplaces, and was appointed president and CEO in 2008.

The U.S. economy has undergone significant financial and social upheaval over the past five years, with companies seemingly invincible to the vagaries of the financial markets disappearing overnight. Many companies have been forced to contract by closing unprofitable stores, laying off employees, reducing spending, deferring research and development, or have been acquired by more profitable companies. With few exceptions, those companies that have survived have done so by cutting costs to the bone.