Vitamin Shoppe

Dollar General has added a Vitamin Shoppe veteran to its ranks as executive VP and chief merchandising officer.   Jason Reiser, most recently executive VP and COO of Vitamin Shoppe, will join the discounter, effective July 12. He replaces the recently retired Jim Thorpe.   Reiser brings with him to Dollar General more than 30 years’ experience in retail management, private brand sourcing and regulatory affairs. He also is a trained pharmacist.  

Vitamin Shoppe missed profit expectations for its first quarter, amid challenges with its Nutri-Force contact manufacturing division.    Vitamin Shoppe posted net income of $8.0 million for the quarter ended April 1, compared to $14.8 million in the same period last year.  Reported fully diluted earnings per share were $0.35 in first quarter 2017, compared to $0.59 in first quarter 2016.    

Target Corp. is deploying a number of solutions to reduce its energy use.     The retailer, recently named Energy Star Partner of the Year for the second year in a row, counts more than 1,400 of its buildings as having Energy Star status — the Environmental Protection Agency’s certification of energy efficiency — more than any other retailer. And the number is still growing as Target works towards its goal of having at least 80% of its buildings certified by 2020.  

Starbucks Corp. announced a major initiative to help the nation’s neediest citizens.

The coffee giant is launching FoodShare, a program to donate all leftover ready-to-eat meals from its 7,600 U.S. company-operated stores to food banks. In the first year alone, the program will be able to provide nearly 5 million meals, according to company estimates.

The Vitamin Shoppe is changing the structure of its board of directors as it looks to enhance its corporate governance practices.

The company announced its board will rotate the role of lead director for the second time since the company's Oct. 28, 2009, initial public offering. David Edwab, who served as lead director since April 2011, has stepped down from that role and John Bowlin, who became a member of the Vitamin Shoppe board in October 2014, will now serve as lead director.

Livonia, Mich. -- Schostak Brothers & Company announced Steve Black will join its team as acquisitions manager. Black will source, analyze and acquire investment properties for the company’s portfolio, with a focus on growing its Supercenter Walmart shadow anchor footprint.

Walmart and Hobby Lobby top the retailer list of the first ever annual Faith Equality Index.

Faith Driven Consumer, a group that represents 41 million Christian consumers, has published an index rating the faith compatibility of major brands both in the consumer and entertainment spheres, as well as serving as a voice for this community.

When it comes to satisfying online customers, the little guys may have an edge. Online review site Bizrate Insights (a division of marketing solutions firm Connexity) has released its 16th annual Bizrate Circle of Excellence awards, and only a few major retailers are included.

North Bergen, N.J. -- Vitamin Shoppe Inc. had a tough quarter but its earnings still beat the Street.

The retailer on Wednesday reported second-quarter net income of $14.2 million, down from $16.9 million in the year-ago period, but still topping Wall Street expectations.

The company also said it plans 50 new stores in 2015.

Revenue increased 5.3% to $322.3 million in the period, short of analysts’ forecasts for $327.9 million.

North Bergen. N.J. - Vitamin Shoppe Inc. hired David M. Kastin as senior VP, general counsel and corporate secretary effective Aug. 17. Kastin will be responsible for overseeing all internal and external legal matters of the company and will serve as corporate secretary to Vitamin Shoppe's board of directors.