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Corporate Governance

  • Baer officially becomes president of Dominick's

    PLEASANTON, Calif. — After stepping into the role on an interim basis, Safeway has named Brian Baer president of its Dominick's Finer Foods banner.

    Baer, who has served as acting president of Dominick's since July 2011 after the exit of Don Keprta, has been part of Dominick's parent Safeway since 2001. Prior to his role as president, Baer served as Dominick's CFO and VP finance.

  • Meijer names winners of holiday contest

    GRAND RAPIDS, Mich. — Two Feeding America food banks and a Macomb County, Mich., resident were named winners of Meijer's "Get Gifted" online holiday contest.

    The retailer said it donated $10,000 to Gleaners Community Food Bank and Forgotten Harvest last week and named Vickie Spokes its grand prize winner of $10,000 in Meijer gift cards.

  • Express names EVP human resources

    COLUMBUS, Ohio — Express has appointed Michael Keane to the position of EVP human resources.

    Keane's extensive experience includes more than twenty years in a series of human resource leadership positions with Tween Brands, Limited Brands, Borden Foods and Whirlpool Corporation.  He most recently served as EVP human resources and stores for Tween Brands, a wholly owned subsidiary of Ascena Retail Group Inc.

  • eBay boosts mobile offerings with new partnerships

    Barcelona -- eBay on Monday announced a number of strategic moves including a new partnership with major carrier Three.co.uk; integrations with merchants such as Yotel and Entradas.com; and mobile app updates that evolve mobile commerce selling and shopping experiences for consumers.

  • Sears to close six stores in Illinois, months after getting tax credit

    Hoffman Estates, Ill. -- Two months after Sears Holdings Corp. received a $150 million Illinois tax credit for cementing its plans to keep its home base in the state, it announced Monday that it would close six stores in Illinois.

    The retailer had already announced in December – two weeks after the tax credit – that it would close 100 to 120 stores, but no Illinois stores were on the initial list.

  • Lowe’s Q4 profit up 13%, to open 10 stores in 2012

    Mooresville, N.C. -- Lowe’s Cos. reported Monday that profit for the quarter ended Feb. 3 rose 13% to $322 million, compared with $285 million a year earlier. Results topped Wall Street expectations and demonstrated an upward consumer swing in home-improvement projects.

    Quarterly sales increased 11% to $11.6 billion from $10.5 billion, beating analysts’ expectations of $11.35 billion in revenue. Same-store sales rose 3.4%.

  • Kantar study finds Walmart widens price lead over Target

    Cambridge, Mass. -- For the second consecutive time, Walmart’s overall branded basket registered as less expensive than Target’s, according to Kantar Retail’s semi-annual pricing study.

  • Ahold purchases Dutch online retailer

    New York City -- Royal Ahold NV has agreed to acquire bol.com, the Netherlands’ largest online retailer, for about $470 million in cash.

  • Safeway names president of Dominick’s

    Pleasanton, Calif. -- Safeway has named Brian Baer president of its Dominick’s Finer Foods division in the Chicago area.

    Baer had been acting president of Dominick’s since last July when the previous president, Don Kperta, resigned.

    Baer joined Safeway in 2001 as VP finance for the company’s Phoenix division. In 2008, he was appointed CFO at Dominick’s.

  • Express names new executive VP human resources

    Columbus, Ohio -- Express announced today that Michael Keane has been appointed to the position of executive VP human resources.

    He most recently served as executive VP human resources & stores for Tween Brands, a wholly owned subsidiary of Ascena Retail Group.

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