Corporate Governance

Retail advertising solutions provider Bonial International, parent company of Retale, has placed several executives in key roles as it looks to disrupt the traditional retail advertising universe.

Dan Cripe was name chief technology officer and Andrea Francesco Domeneghini was named chief marketing officer at Bonial and will be based in the company’s Berlin headquarters.

Amazon’s 50 fulfillments centers and 15 sortation centers are looking to hire 80,000 seasonal works to cope with an anticipated surge in U.S. holiday sales.

Amazon, like other retailers, touts the seasonal positions as an opportunity to get in on the ground floor with the company and establish a foundation for a career. Last year, Amazon said it converted thousands of seasonal employees into regular, full-time roles after the holidays, and expects to do the same this year.
 

Supervalu president and CEO Sam Duncan is encouraged with the progress the retailer is making and why not. Identical store sales in the company’s Save-A-Lot units were up 6.5% in the second quarter.

The company’s total sales for the period ended September 6, increased 1.8% to $4.02 billion while profits declined to $31 million, or 11 cents a share, from $40 million, or 15 cents a share. When adjusted for some non-recurring items, second quarter earnings were $34 million, or 13 cents a share.

Even if Dollar General doesn’t prevail in its efforts to acquire Family Dollar the company’s expanding distribution infrastructure is positioned to support future growth.

Dollar General said it plans to build the 13th distribution center in its nationwide network in San Antonio. The facility will measure more than 900,000-sq.-ft., employ roughly 530 people and serve more than 1,000 stores when it opens in October 2015, the company said.

Global branded play leader Hasbro, Inc. today announced the promotion of John Frascotti to the newly-created position of president, Hasbro Brands, effective immediately.

In this new role, Frascotti assumes the additional responsibilities of worldwide product development and now oversees all of the company’s global marketing and design and development teams.  By combining the teams, the company will continue to drive strong innovation, maximize operational efficiency, facilitate greater collaboration and streamline decision-making.

Enabled commerce volume at eBay surged 27% in the company’s third quarter with cross border trade showing particular strength, but it wasn’t enough to prevent the company from revising downward its full year outlook.

Ensuring the roughly nine billion people who are estimated to inhabit the planet by 2050 have enough to eat is a big challenge. That’s why Land O’Lakes has introduced new program to fund big ideas from future food leaders.

Former Delia’s and J. Crew executive Walter Killough has joined consulting firm O Alliance as managing director.

The O Alliance is a new consulting firm positioned to help retailers pursue the concept of circular commerce.  In his new role, Killough will be responsible for business development, strategic partnerships and overall day-to-day management of the company. Killough spent 10 years with junior’s retailer Delia’s and most recently served as CEO. Prior to that he served as COO of J. Crew Group.

The holidays will be a little more joyous this year for some of the 14.7 million U.S. children living in poverty. 

Bentonville, Ark. -- Wal-Mart Stores Inc. is planning to sharply cut back the growth of its U.S. supercenters in favor of smaller-format stores and acccelerated e-commerce and digital investments.