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Trading Partners

  • RILA board elects Dollar General CEO as chairman

    New York -- The Retail Industry Leaders Association elected Richard Dreiling, chairman and CEO of Dollar General, as the new chairman of its board of directors.

    “I am honored to have the opportunity to serve as board chairman for RILA and to work with this exceptional group of retail leaders to strengthen our industry,” said Dreiling. “RILA is a critical strategic partner in empowering our industry to speak with one voice to champion issues that affect the retail sector, our workforce and our valued customers.”

  • New leaders elected, re-elected at RILA

    Dollar General chairman and CEO Rick Dreiling was elected chairman of the Retail Industry Leaders Association (RILA) to fill a position held the past two years by Target chairman, president and CEO Gregg Steinhafel.

    Dreiling’s appointment was announced at RILA’s semi-annual board of directors meeting held Sunday in Naples, Fla. Steinhafel will continue to serve as a member of organization’s executive committee.

  • HBC taps former Target exec for interim finance lead

    Hudson's Bay Company has appointed Douglas Scovanner as EVP of finance and accounting, on an interim basis. Scovanner will support acting CFO with the day-to-day stewardship of the company’s financial planning, asset protection and accounting functions.

    Prior to this appointment, Scovanner spent nearly two decades at Target, most recently as EVP and CFO.

  • CBRE acquires Greenville, S.C.-based affiliate

    Los Angeles — CBRE Group has acquired the commercial real estate brokerage, investment property sales and property management services business of The Furman Co. and certain of its affiliates. Those business lines have served as CBRE’s affiliate in South Carolina, and have operated under the banner of CBRE|Furman since 2010.

  • The Pantry recommends against board nominees

    Cary, N.C. – The Pantry has confirmed that JCP Investment Management, LLC, and Lone Star Value Management, LLC (“the dissident group”) submitted a notice of intent to nominate director candidates to stand for election to The Pantry’s board of directors at the company's 2014 annual meeting of stockholders.

  • Campbell appoints new financial chief

    Campbell Soup Company has named SVP of finance Anthony P. DiSilvestro as SVP and CFO, effective May 1. He succeeds B. Craig Owens, CFO and chief administrative officer since 2008, who plans to retire on that date.

  • Wal-Mart announces $10 million fund to support U.S. manufacturing

    Washington, D.C. -- Wal-Mart Stores announced that it has created a $10 million fund to support manufacturing in the United States. In a joint announcement, Kent International, a New Jersey-based bicycle maker and one of the chain’s suppliers, said  that it will move its production from overseas to Clarendon, S.C.

  • Kmart to close two Philadelphia stores

    New York -- Kmart will shutter two locations in the Philadelphia area this spring, Philadelphia Business Journal said. The locations, at The Gallery and at 900 Orthodox St., will close in late April.

  • Dunkin’ Donuts plans 13 stores in Oklahoma City

    Canton. Mass. – Dunkin’ Donuts has signed a multi-unit store development agreement with existing franchise group, OKD Holdings, to develop 13 new restaurants throughout Oklahoma City. The first of the planned restaurants will open in 2015.

    Together, this team led by second generation Dunkin' Donuts franchisee Misha Goli and his partners will manage and oversee the company's daily operations for each restaurant. Goli currently owns four restaurants throughout Oklahoma City.

  • FTD names BCG partner to board

    Downers Grove, Ill. – The board of directors of FTD Companies, Inc. has appointed Michael Silverstein as a director of the company, effective Jan. 21, 2014. Silverstein will serve as a class I director with a term expiring at the company's 2014 annual meeting of stockholders.

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