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Corporate Governance

  • PetSmart gets new lead dog

    PHOENIX — PetSmart announced that its current president and COO David K. Lenhardt will assume the role of CEO, effective June 14, following the annual meeting of stockholders. Lenhardt will also be appointed to the board of directors at that time. Bob Moran, current chairman and CEO, will be appointed executive chairman.

  • Ikea FY sales up, continues remodel of Marketplace

    CONSHOHOCKEN, Pa.  — Ikea reported that sales for its fiscal year 2012 grew by 9.5% and profits were up 8% to $4.2 billion, thanks to its model of offering low-cost, functional furniture. Comparable-store sales were up 8% at its U.S. stores.

  • Demandware fits Ecco shoes e-commerce needs

    The Ecco shoe brand has engaged the services of Demandware to power its new U.S. e-commerce and mobile commerce site. The company also plans to use Demandware’s cloud platform to quickly and efficiently expand internationally, beginning with Canada.

    Ecco products are sold online and in 4,000 branded locations in more than 90 countries. 

  • More jobs, stores ahead at Dollar General in 2013

    GOODLETTSVILLE, Tenn — Dollar General has big plans for growth in 2013 with the creation of 6,000 new jobs and the planned addition of 635 new stores and 550 relocations. With the addition of these jobs in 2013, Dollar General will have created approximately 30,000 jobs in the last six years.

  • More store closings for Blockbuster

    DALLAS  — The growing popularity of Netflix, Hulu and other on-demand video rental services continues to take a toll on traditional brick-and-mortar video rental stores. 

    Dish Network reported that its subsidiary, Blockbuster will close about 300 of its stores in the United States in the coming weeks. The closures will result in the loss of about 3,000 jobs and leave the chain with some 500 U.S. locations.

  • Staples brings office products to Japan

    FRAMINGHAM, Mass. — Staples is bringing its branded products to Japan through a wholesale distribution relationship with Jointex, a leading office products wholesaler and division of Plus Corp., a manufacturer of stationery and office furniture based in Tokyo.

  • TPN adds Shamberg to team

    Retail marketing agency, TPN, part of the Diversified Agency Services division of Omnicom, named Scott Shamberg SVP of growth and emerging commerce.

    TPN said the addition of Shamberg would help the firm stay ahead of the curve as the retail and commerce landscape continues to evolve.

  • Crossmark creates new experience agency

    BrandMasters is the name of a new experiential marketing agency created by Crossmark.

  • Goya Foods recognizes achievement

    Jorge A. Plasencia was the inaugural recipient of the Goya Hispanic Achievement Award presented this week in New York.

    Goya, the largest Hispanic-owned food company, and the Spain-U.S. Chamber of Commerce created the award to recognize a Hispanic leader or organization in the fields of business, arts, science and social responsibility.　 The award was presented to Plasencia at an exclusive gala dinner at the New York City Public Library, attended by more than 250 people.

  • NAHB builds hope for construction industry

    The National Association of Home Builders sees the residential construction industry gaining momentum in a larger economy that includes a few wild cards.

    At the International Builders’ Show here in Las Vegas, the Washington, D.C.-based trade association updated its 2013 housing starts forecast to 949,000 starts in 2013, up 21.5% from the prior year. At the end of January, the group had forecast 932,000.   

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