Human Resources

Armonk, N.Y. -- IBM announced a definitive agreement to acquire Varicent Software Inc., Toronto, a leading provider of analytics software for compensation and sales performance management. Financial terms were not disclosed.

GOODLETTSVILLE, Tenn. — Dollar General has pledged its support of the White House’s Joining Forces initiative, which promotes private sector employment for members of the military community.

New York -- Gregorys Coffee said Thursday it has executed a new lease at 878 6th Avenue (Between 31st and 32nd St.) in Herald Square, as part of the expansion efforts of the coffee shop chain throughout Manhattan.

The new site is scheduled to open its doors in June.

The two-story location will feature 1,000 sq. ft. on the second floor, set up as a training center.
 

Walmart should shorten its checkout lines and improve the store experience in Canada prior to the arrival of Target next spring. That was the advice of Diane Briesebois, president and CEO of the Retail Council of Canada who spoke Wednesday at a dinner in Toronto, which preceded Walmart’s annual international meeting for the financial community.

Following her prepared remarks, Briesebois was put on the spot by Walmart International president and CEO Doug McMillon who asked during a question and answer session, “What can we do to improve in this market?”

Palo Alto, Calif. -- Marcus & Millichap Real Estate Investment Services said it has named Kirk L. Trammell senior director of the firm’s National Retail Group in Palo Alto.

Trammell joined Marcus & Millichap in June 1989. During his career, he has closed more than $1 billion in commercial property transactions, according to the company.

Impressive. That is the best way to describe what a ballroom full of financial analysts and thousands of others watching via Web cast saw unfold Thursday inside a Toronto hotel ballroom where Walmart held its annual international meeting for the financial community.

Dallas -- Dave & Buster's Inc. named John Mulleady as senior VP development, responsible for leading the company's expansion strategy into new and under-penetrated markets. He most recently served as VP real estate and construction at BJ's Wholesale Club.

"Dave & Buster's has big plans for expansion, and we needed a leader with experience opening a large number of new stores. John's background in developing large-format brands makes him the ideal person to lead this charge,” said Steve King, CEO of Dave & Buster's.
 

Minneapolis -- A Thursday report in the Minneapolis Star-Tribune said that Best Buy’s investigations into former CEO Brian Dunn’s personal conduct includes allegations of an inappropriate relationship with a female employee.

According to the newspaper, Dunn is said to have used company resources in the course of the relationship. It quoted an unnamed source as saying “the company is investigating multiple complaints that Dunn behaved inappropriately with a female subordinate.”