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Corporate Governance

  • Stop & Shop honored with LEED Silver for three stores in Massachusetts

    Quincy, Mass. -- The Super Stop & Shop stores in Hyannis, Hyde Park and Wayland, Massachusetts have each received LEED (Leadership in Energy and Efficient Design) silver certification from the U.S. Green Building Council. (Stop & Shop has 13 superstores, which are LEED certified.)

  • Epson and Touch Dynamic in partnership to offer more engaging mobile shopping experience

    Long Beach, Calif. -- Epson America, a supplier of value-added POS solutions, announced a partnership with Touch Dynamic, a manufacturer in all-in-one POS systems, to address the growing importance of mobile POS as the overall mobile expansion in retail and hospitality continues.

    By bundling Epson’s new ultra-compact Mobilink P20 receipt printer with Touch Dynamic’s new 7" and 10" Quest Tablets specifically designed for mobile POS, merchants can increase sales and improve customer service.

  • Supervalu tops expectations as profit more than doubles; sales up across segments

    Minneapolis -- Supervalu Inc.’s third-quarter profit more than doubled as the supermarket chain experienced sales growth in all three of its business segments. Its results beat analysts' expectations.

    Supervalu reported an overall profit of $79 million for the quarter ended Nov. 29, up from $31 million a year earlier. Revenue rose 4.8% to $4.2 billion.

  • Bi-Lo CEO to leave

    New York -- Supermarket operator Bi-Lo Holdings LLC, parent of the Bi-Lo and Winn-Dixie chains, said that Randall Onstead will step as president and CEO, effective March 1. The company has identified a successor, who will be named at a later date.

    Onstead has been with Bi-Lo, and its parent company Lone Star Holdings, since 2008 when he was named chairman of Bi-Lo, which was then a standalone supermarket company. Under his tenure, the company went though and successfully emerged from Chapter 11 protection after which it went on to flourish and expand.

  • Study: Retail mall vacancies rise in Q4

    New York – Retail mall vacancies slightly rose in the fourth quarter of 2014, from 7.9% in the prior quarter to 8%. According to real estate research firm Reis Inc., the closure of 200-plus Sears stores during the year drove the increase, the first recorded since the third quarter of 2011.

  • Study: Discover Cards have best return extension plan

    Arlington, Va. – Consumers who may need some time to decide if they want to keep a purchase should consider applying for a Discover card. According to the 2015 Credit Card Extension Report from CardHub, Discover Cards received top overall score (98%) for their return extension program.

    Coming in second and third were Chase Sapphire Preferred (88%), and a tie among Chase Freedom, Barclaycard Arrival and Barclaycard Arrival Plus (79%).

  • La-Z-Boy names Pepsico exec new chief HR officer

    Monroe, Mich. - La-Z-Boy Inc. has appointed Barbara J. Runyon as chief human resources officer. She will join the company on Feb. 2 and provide leadership and oversight for talent management, employee engagement, workforce development, and compensation and benefits.

    Runyon joins La-Z-Boy from PepsiCo/The Pepsi Bottling Group, where she spent 14 years in various HR positions of increasing responsibility. Most recently, she served as senior director of HR for the company's Midwest region.
     

  • Billabong transforms supply chain with GT Nexus

    Oakland, Calif. – Teen lifestyle brand Billabong is positioning its supply chain on the GT Nexus platform to support transformation of its wholesale and retail businesses. Billabong will connect suppliers and trading partners in a cloud-based network to facilitate and automate processes for supply chain financing, order collaboration, invoice management, in-transit visibility and payment management.

  • True Value names Electrolux exec as VP, international

    Chicago -- True Value Company announced the appointment of Lars Hybel to VP international, effective Jan. 12.

    Hybel has a wealth of experience leading multinational and global teams, having worked for more than 15 years at Electrolux. Most recently, he was VP and general manager, global business unit, Electrolux Central Vacuum Systems, leading the transition of three regional operations to a global matrix organization, and successfully coordinating the first mass-channel entry in Canada, driving significant market share gain.

  • Marshalls to open at Mansfield Commons

    Hackettstown, N.J. -- Marshalls has leased 21,675 sq. ft. at Mansfield Commons in Hackettstown, New Jersey, according to center owner National Realty & Development Corp., Purchase, New York.

    The 271,980-sq.-ft. Mansfield Commons is anchored by Walmart and Kohl’s, and is located on Route 57.

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