Corporate Governance

Build-A-Bear Workshop has appointed Voin Todorovic as its new CFO, reporting to CEO Sharon John.

"Voin has a solid background in linking financial goals and business objectives. I am excited to have him join the team as we continue to evolve our business model to leverage the strength of the Build-A-Bear brand to drive toward the Company’s stated objectives of sustainable, profitable growth,” said John.

Austin, Texas -- Revionics announced that Niemann Foods, a chain of grocery, pet food, hardware, pharmacies and gas stations in the Midwest, has selected Revionics as its price optimization provider.

Revionics will be providing Niemann Foods with their SaaS-based price optimization solution, which includes robust price management, science-based optimization, forecasting, simulation and effectiveness measurement.

New York - India, China, and Malaysia are the top-ranked offshoring destinations. According to the 2014 Global Services Location Index (GSLI) from A.T. Kearney, India, China, and Malaysia remain the top three offshoring destinations, and Asia continues to dominate, with six of its countries among the top 10.

St. Louis -- Build-A-Bear Workshop announced the appointment of Voin Todorovic as the company’s new CFO, effective Sept. 15. He assumes CFO responsibilities at Build-A-Bear Workshop from Tina Klocke, who had been serving as both the company’s CFO and COO. Klocke is leaving to pursue her interests in the not-for-profit business sector. She will remain with the retailer through first quarter 2015 and will retain her position as COO during this time.

Denver -- Junction Solutions announced today that Pet Supplies Plus, a leading retailer of pet food, pet products and pet supplies, has selected Junction Solutions to implement Microsoft Dynamics AX for Retail to help the company standardize business processes, support its growth goals, as well as expand the business into a multichannel operation.

To achieve these goals, Pet Supplies Plus selected Junction Solutions to replace its legacy systems with Microsoft Dynamics AX for Retail.  

New York -- The hunt is on for a new president and COO at Dick's Sporting Goods. Dick’s disclosed in a regulatory filing that Joseph Schmidt is retiring as president and COO of the retailer, a role he has held since 2009, at year-end. In other changes, John Duken, executive VP of global merchandising since 2012, plans to retire, effective at the end of November.

New York -- Sears Holdings Corp. said in regulatory filing that it would borrow $400 million from the hedge fund of its CEO, Edward Lampert, who is also the company’s largest shareholder.  

Sears received the first $200 million of the loan from Lampert's ESL Investments on Monday, and expects to receive the remaining amount on Sept. 30.

The company said it would use the money for “general corporate purposes.

Austin, Texas -- Revionics announced that Niemann Foods, a chain of grocery, pet food, hardware, pharmacies and gas stations in the Midwest, has selected Revionics as its price optimization provider.

Revionics will be providing Niemann Foods with their SaaS-based price optimization solution, which includes robust price management, science-based optimization, forecasting, simulation and effectiveness measurement.