Corporate Governance

David Woodley was elevated to the role of executive vice president of sales and marketing at the innovative and family owned Sheetz chain of 460 convenience stores.

Austin, Texas -- Whole Foods Market’s Local Producer Loan Program has reached the initial goal of funding $10 million in low-interest loans to local and independent food businesses, and has now committed up to $25 million in funding. The Local Producer Loan Program (LPLP) has provided 184 loans to 155 companies since its inception in 2007.

Private equity firm Bain Capital concluded 2013 with the acquisition of Bob’s Discount Furniture, an operator of 47 stores in the Northeast that is intent on expansion.

Bain acquired a majority ownership position in the Manchester, Conn.-based company and said senior management will continue to own a significant stake. Current CEO Ted English will continue to lead the company whose first order of business for 2014 is entry into the Philadelphia market.

New York -- U.S. consumer confidence, which decreased in November 2013, rebounded the following month, according to The Conference Board Consumer Confidence Index, which now stands at 78.1 (1985=100), up from 72 in November.

Bicycle supplier Huffy Corporation is turning to Experian Data Quality, a part of Experian Marketing Services and a leading provider of contact data management software and services, to ensure accurate and timely package deliveries and improve service levels to its customers.

By Rich Thompson, managing director of supply chain & logistics solutions for the Americas at Jones Lang LaSalle

The case for domestic sourcing received a boost this week after Walmart was required to recall 73,400 five-piece card table and chair sets sold under its Mainstays brand.

The recall was initiated after Walmart said it received reports of 10 injuries including one instance of a finger amputation and several fingertip amputations. The product was manufactured by the Heshan Camis Industrial Co. Ltd., of Guangdong, China, according to the Consumer Products Safety Commission.

Altoona, Pa. — David Woodley, VP of sales and marketing for convenience store chain Sheetz, has moved into the executive VP spot vacated by Louie Sheetz.