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  • Vitamin Shoppe acquires vitamin manufacturer

    North Bergen, N.J. — Vitamin Shoppe Inc. has purchased FDC Vitamins LLC, doing business as Nutri-Force Nutrition, a contract manufacturer of vitamins, minerals and supplements, from MBF Healthcare Partners L.P. and other minority holders. Nutri-Force is a current manufacturer for Vitamin Shoppe as well as for other domestic and international customers and distributors.

  • Family Dollar adopts poison pill after Icahn raises stakes

    Activist investor Carl Icahn on Friday reported a 9.4% stake in Family Dollar, making him the company’s largest shareholder and prompting concerns of a hostile takeover.
     
    Family Dollar has responded by adopting a one-year shareholder rights plan with a 10% trigger that would prevent any investor from gaining a controlling interest of the company without board approval.
     

  • Report: Amazon entering online payment arena

    Seattle — Amazon.com is reportedly entering the online payment arena.

    According to Reuters, Amazon.com will offer a service where for a fee, registered customers can use credit card information stored on Amazon.com to pay for services such as utilities or digital subscriptions.

  • The OurPet's Company taps marketing VP

    The OurPet's Company, a leading proprietary pet supply company, has promoted Gabriella DeSantis to VP of marketing.

    DeSantis joined the company in July 2012 as senior director of marketing and has been responsible for overseeing the execution of the company's new two-brand marketing strategy. The company also credits her with the successful launch of several new products.

  • Mattress Firm names CFO

    Houston — Mattress Firm Holding Corp. announced the promotion of Alex Weiss to executive VP and CFO of the company, effective July 30, 2014, the beginning of the retailer’s third fiscal quarter.  He succeeds Jim Black who transitions into the role of senior corporate advisor to Mattress Firm through the end of the current fiscal year.

  • Jos. A. Bank stays cautious as it prepares for Father’s Day

    Jos. A. Bank continued the positive trend of increases in adjusted earnings that it saw in the second half of 2013. Comparable brand sales increased by double digits in the first two months of the first quarter, and despite slowing down after Easter, still resulted in an 8.4% increase.

  • Ulta Beauty names Motorola Mobility CFO to board

    Bolingbrook, Ill. — Vanessa Wittman, senior VP and CFO of Motorola Mobility, a subsidiary of Google, has been appointed the Ulta Beauty board of directors and as a member of its audit committee, effective June 5, 2014, following her election at the company’s annual shareholder meeting. Wittman joins the Ulta Beauty board with more than 25 years of experience in finance and technology.

  • Facebook nabs PayPal president

    Silicon Valley saw some drama late Monday when PayPal announced that president David Marcus was leaving to lead Facebook’s messaging products.

    The split was amicable with eBay president and CEO John Donahoe wishing Marcus well at Facebook.

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