Strategy

Seattle -- Sur La Table said Thursday it has promoted Jacob Maurer to the position of SVP – general merchandising manager for the kitchen goods chain.

The promotion is effective immediately, and will put Maurer in charge of all merchandise buying and product development functions for the company.

CHICAGO —  Claire's Stores has named Dina Keenan as global SVP/chief marketing officer.

Keenan recently joined the company, and is a proven marketing executive with more than 20 years of global experience in marketing strategy, brand development, advertising and retail. Her unique cross-disciplinary background comprises both agency and client side experience including The Integer Group, Bath & Body Works, Elizabeth Arden Red Door Salons & Spas and Bozell Worldwide. The CMO position reports into Jim Fielding, CEO.

Mooresville, N.C. -- Lowe’s Cos. said Friday that Sylvain Prud'homme will join the company as president of Lowe's Canada, effective March 25.

Prud’homme replaces Alan D. Huggins, who is returning to the United States as Lowe's VP international operations.

Prud'homme comes to Lowe's from Loblaw Co., where he served in EVP roles in operations and merchandising.

PAWTUCKET, R.I. — Heading into the toy industry's largest trade show next week, toy manufacturer, Hasbro, reported net revenues of $1.28 billion for the fourth quarter of 2012, compared with $1.33 billion in 2011. The company reported net earnings for the quarter of $130.3 million or 99 cents per diluted share.

Net revenues for the full-year 2012 were $4.09 billion compared with $4.29 billion in 2011. 

Net earnings for the full-year 2012 were $336 million, or $2.55 per diluted share, versus $385.4 million, or $2.82 per diluted share, in 2011.

Widespread reports have Walmart Foundation president Sylvia Mathews Burwell heading to Washington to serve as President Obama’s director of the Office of Management and Budget.

Fort Worth, Texas -- In an unexpected move, RadioShack said late Thursday that Walgreen Co. divisional president Joseph Magnacca will take the helm of the beleaguered consumer electronics chain as its new CEO.

Chicago -- Claire's Stores announced Friday that Dina Keenan has been appointed global SVP and chief marketing officer, effectively immediately.

Keenan’s experience in marketing strategy, brand development, advertising and retail include stints at Bath & Body Works, Elizabeth Arden Red Door Salons & Spas, and Bozell Worldwide.

One of the initial focuses for Keenan will be to align her organization to support the global brand needs of Claire's and Icing, the company said.

SEATTLE -- Kitchen goods retailer, Sur La Table, has promoted Jacob Maurer to the position of SVP, general merchandising manager.

The promotion is effective immediately, and will put Maurer in charge of all merchandise buying and product development functions for the company.

Maurer joined Sur La Table in 2003 as a store manager, opening the chain’s first Massachusetts store located in Chestnut Hill. In October 2004 he joined the company’s merchandising team in Seattle and rose to VP merchandising by 2009.