Strategy

Dublin, Ohio -- Wendy’s is getting a makeover. On Feb. 25, the company will unveil its new, more contemporary-looking logo in advertising, on product packaging, crew uniforms, new restaurant signage, menuboards and digital assets.  

The updated logo is in sync with the company’s new “Image Activation” restaurant environment, whose bold, sleek, ultra-modern look is designed to enhance the customer experience. Features include lounge seating with fireplaces, flat-screen TVs, Wi-Fi and digital menuboards.

One of the largest dividend increases in Walmart’s history helped shareholders look past, temporarily at least, yesterday’s release of sales results that show a disturbing trend at U.S. stores.

New York -- Grupo Gigante wants buy the 50% stake in the Mexican unit of Office Depot that it does not already own.

The Mexican retailer on Thursday said it has offered 8.78 billion pesos ($687.34 million) to buy the stake, Reuters reported.

In March, Gigante entered into a joint venture with Petco Animal Supplies to open at least 50 stores in Mexico and other Latin American countries over seven years.

ST. PETERSBURG, Fla. — HSNi Inc. reported that its fourth quarter net sales grew 7% over the prior year to $982.9 million. HSN's net sales increased 7% to $683.8 million, including 11% growth in digital sales. Cornerstone's net sales for the 13-week period in 2012 increased 6% to $299.1 million, including 14% growth in digital sales, compared to the 14-week period in 2011.

GAAP diluted EPS from continuing operations increased 27% to $1 compared with 79 cents in the prior year. 

Plano, Texas -- J.C. Penney Co. announced that Canada’s Joe Fresh brand will launch in J.C. Penney stores beginning March 15, with a collection of modern basics for women. The collection will be displayed in 750-sq.-ft. to 2,500-sq.-ft. dedicated shops in nearly 700 JCP stores.
 

MENLO PARK, Calif. — As mobile commerce grows in popularity, the need for IT professionals is rising, according to a new survey about IT risk factors for 2013 published by global consulting firm Protiviti. The 2013 IT Priorities Survey (www.protiviti.com/ITsurvey), designed to help IT departments classify areas in need of attention in order to better execute the function's strategic mandate, found that IT executives are struggling to manage the wide variety of technology risk, regulatory compliance and performance challenges that now face them.

Car Charging Group, an electric vehicle charging company, has named William Fields, former president and CEO of Wal-Mart Stores to its board of directors.  

During his 25-year career with Wal-Mart, Fields was responsible for over 2,000 stores and 600,000 employees, and directed strategic planning in operations, merchandising, marketing, and logistics.

WASHINGTON — The Lenovo ThinkPad T430s topped TopTen USA's list for energy-efficiency.

The nonprofit group, appaluded he fact that the laptop uses only 7.4 kilowatt hours of electricity in a year of typical use. The average comparable model uses 28 kWh per year—almost 4 times the energy.  On average, TopTen-listed laptops use about half (48%) the energy of comparable models.