Strategy

FedEx on Wednesday reported average daily package volume growth of 10% during the third quarter at its ground division, but it wasn’t enough to offset weakness elsewhere and profits were well short of analysts’ estimates.

Orlando, Fla. -- Cuhaci & Peterson Architects said Tuesday it has been awarded contracts to design three Ale House restaurants — in Winter Park, Fla., Queens, N.Y., and the Philadelphia area.

The restaurants average 10,000 sq. ft. each.
 

JACKSONVILLE, Fla. — Anthea Jones has assumed the role of president at Bi-Lo. He will continue to serve as SVP operations. 

Jones comes to the position from the Bi-Lo side of the recent merger between regional supermarkets Bi-Lo and Winn-Dixie. He signed on with Bi-Lo in 1999 after 17 years at Food Lion. He also is the immediate past board chairman for the Global Market Development Center. 

Jones succeeds Michael Byars in the position. Randall Onstead continues as president and CEO of the combined company, Bi-Lo Holdings.

Boucherville, Quebec, Canada -- Canadian home-improvement chain Rona Inc. announced Tuesday it has named Robert Sawyer as president and CEO, effective next month.

Sawyer was previously an executive at grocery chain Metro Inc.

Rona’s acting CEO Dominique Boies will remain as company CFO.

ST. PAUL, Minn. — 3M has introduced a new line of Post-It brand products designed for today's mobile workers and busy families.

The new Post-it Mobile Collection features a variety of compact and durable products specially designed to stick, insert and clip to the everyday items you carry. The Attach and Go Products work together, allowing you to customize a portable organization system that helps you Do More, Your Way.

Washington, D.C. -- The Rappaport Cos. and Principal Real Estate Investors announced a joint venture to acquire retail assets throughout the Mid-Atlantic region.  

The program launched with the recapitalization of approximately 1 million sq. ft. of retail space in four retail centers located in Northern Virginia.  

NEW YORK — Online retailer NoMoreRack has announced its plans to expand their business and online presence. NoMoreRack has received $12 million in new capital. They plan to use this investment money to increase their workforce and expand into foreign markets.

BEAVERTON, Ore. — Nike announced a strategic partnership with Swiss company Bluesign Technologies to accelerate the supply of more sustainable materials and chemistries for use in Nike products.