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  • Target makes board moves

    Target Corp. appointed former senator and secretary of the interior Kenneth Salazar to its board of directors. He replaces Mary Dillon, who resigned her spot. 

    Salazar, who recently began working for the law firm WilmerHale, served as a Democratic member of the Senate from Colorado from 2005 to 2009 and as interior secretary under the Obama administration from 2009 until earlier this year, when he was replaced by Sally Jewell. 

  • Sam's Club exec heads to Family Dollar

    MATTHEWS, N.C. — Former Sam’s Club executive Jason Reiser is heading to Family Dollar to be the company's SVP of merchandising. He replaces John Scanlon, who left the company at the end of March.

    Family Dollar announced the key changes to its merchandising organization on the heels of better-than-expected third quarter results for fiscal 2013 ended June 1. 

  • Family Dollar’s Q3 net income drops 3%; announces merchandising changes

    Matthews, N.C. -- Family Dollar reported lower net income in the third quarter of 2013 as its shoppers continue to hold off on discretionary spending.  The discounter also named Jason Reiser to the position of senior VP merchandising.

    Family Dollar posted net income of $120.9 million, down 3% from $124.5 million in the year-ago period. Its results, however, topped expectations.

    Sales rose 9% to $2.57 billion. Same-store sales increased 2.9% as a result of higher customer transaction totals and traffic volumes.

  • Lowe's donates $1M to spruce up Boys & Girls Clubs

    ATLANTA — Lowe’s has donated $1 million to the Boys & Girls Clubs of America so the organization can refurbish clubs across the country. Lowe's grants of up to $50,000 will fund repairs and renovations at 20 Boys & Girls Clubs, from northern Washington State to South Florida.

  • ECRM names new CEO amid shareholder changes

    SOLON, Ohio — Efficient Collaborative Retail Marketing announced that BV Investment Partners has become its majority shareholder, and Greg Farrar has been named ECRM's CEO as a result.

  • FRCH Design Worldwide names Tom Custer as VP

    Cincinnati -- FRCH Design Worldwide has named Tom Custer as VP, marketing and client development.

    Custer is tasked with leading the company’s positioning in the marketplace, including its marketing and PR efforts. In addition, he will assist with new business development for FRCH and build a professional sales strategy for the company.

    Prior to FRCH, Custer worked with Interbrand Design Forum in Dayton, Ohio, where he served as executive director, business development.

  • Parent company of Ebates.com names new CFO

    SAN FRANCISCO — Performance Marketing Brands, which owns and operates cash-back shopping sites that include Ebates.com, has appointed David Oppenheimer as the company’s new CFO. 

    Most recently, Oppenheimer was CFO at ServiceSource, a global recurring revenue management and technology company. Oppenheimer will manage finance, accounting, HR, facilities and various operational and administrative functions for all PMB properties, including Ebates.com, Ebates Canada, FatWallet, AnyCoupons, One Receipt and Pushpins. 

  • Office Depot, OfficeMax shareholders OK merger

    New York -- Office Depot and OfficeMax Inc. on Tuesday moved one step closer to becoming one company as their shareholders voted to approve the merger between the two office supply rivals.
     

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