Corporate Governance

Plug and Play helps bring together retailers and startups who offer specific technology and expertise that can relieve their pain points. In each issue of our Customer Disruption e-newsletter, we will provide you a brief Q&A with the CEO of a Plug and Play startup, explaining how their company assists retailers in succeeding in today’s disruptive customer environment.

This week’s inaugural CEO Corner features three questions with Rich Wagner, CEO of Prevedere.

What does your company do?

Kansas City, Kansas -- Designer outlet center Legends Outlets Kansas City announced that SweetFrog, a premium frozen yogurt chain based in Richmond, Virginia, has officially opened its first area location. The newest store is part of an expansion plan that adds to an existing 325-plus locations in the United States and abroad.

Snyder's-Lance, a leading manufacturer and distributor of premium snacks, recently marked the first anniversary of its state-of-the-art Research and Development Center.

The center, located near one of the company's largest bakeries in Hanover, Pennsylvania, has been instrumental in the research and development of new product introductions that are both innovative and in line with consumer trends, according to the company.

New York -- Activist hedge fund Jana Partners revealed on Monday that it received an anonymous package detailing a PetSmart presentation around improving results over the next two quarters.

According to Jana in a filing with the Securities and Exchange Commission, a cover letter accompanied the presentation, saying that PetSmart had “missed internal projections.” Jana said it sent the documents back to the company, asking the board to “promptly release such materials after redacting any such competitively sensitive information.”

As Little League Baseball and Softball turns 75, the Heinz has been named the league’s official condiment and will play a role in upcoming events.

Washington, D.C. -- The National Retail Federation on Monday told the U.S. Supreme Court that the debate over debit card swipe fees is “of staggering importance” and asked the justices to review a ruling that left the Federal Reserve’s cap on the billions of transactions conducted each year at 21 cents rather than reducing it to a lower level.


A new initiative at Books-A-Million called “The Write Stuff” will reveal whether book buyers value the opinions of the retailer’s merchants.

In the coming weeks, Books-A-Million will roll out its “The Write Stuff” program online and in stores. The program revolves around use of a Write Stuff logo next to different titles which signifies they were hand selected by the retailer’s buying staff.

Long Island City, N.Y. -- Steve Madden has completed the acquisition of privately held Dolce Vita Holdings Inc., which specializes in the design, sourcing and sale of branded and private label footwear. The acquisition was completed for $60.3 million.