eCommerce

Framingham, Mass. -- The TJX Cos. announced Tuesday that Scott Goldenberg has been promoted to CFO, retaining his executive VP title, effective immediately.

Goldenberg will oversee corporate finance for TJX and continue to report to Jeffrey Naylor, who had resumed the CFO position in 2009. Naylor will continue as senior executive VP, chief administrative officer and also have responsibility for other corporate functions, including information technology, legal, risk management and investor relations.

PORT WASHINGTON, N.Y. — Ahead of the toy industry's annual convention this February, The NPD Group has reported that U.S. retail sales of toys generated $21.18 billion in 2011 compared with $21.68 billion in 2010, a decline of 2%. 

FORT WORTH, Texas — RadioShack announced that preliminary net sales and operating revenues for the fourth quarter ended Dec. 31, 2011 increased approximately 6% to $1.39 billion compared with $1.31 billion for the fourth quarter last year. Comparable-store sales for company-operated stores increased approximately 2% during the 2011 fourth quarter.

The company said it expects diluted earnings per share for the 2011 fourth quarter to be in the range of 11 cents to 13 cents, compared with 51 cents per diluted share reported in the 2010 fourth quarter.

Washington, D.C. -- The International Council of Shopping Centers announced Tuesday the launch of a new website devoted to sales tax fairness and how the current sales tax system is unable to support the 21st Century retail marketplace.

The site, 21stcenturyretail.org, will be continuously updated to provide the public, stakeholders, the media and lawmakers with information on the online sales tax loophole and resources to help level the playing field for all retailers, according to ICSC.

Clearwater, Fla. -- Boat retailer MarineMax reported Tuesday that it narrowed its loss in the fiscal first quarter to $4.2 million, from $4.7 million in the year-ago period. The company’s net loss was reduced by $1.4 million related to favorable resolution with a manufacturer whose brands the company no longer carries.

Revenue dipped to $91.8 million for the quarter, from $92.2 million. Same-store sales edged up 2%.

YORK, Pa. — The Bon-Ton Stores announced Tuesday that its board of directors has elected president and CEO Bud Bergren to the additional role of chairman of the board. The board has also accepted Tim Grumbacher’s resignation as executive chairman of the board. Grumbacher remains a director of the company and was named strategic initiatives officer. Additionally, Brendan Hoffman, recently appointed as president and CEO of the company effective Feb. 7, was elected a director of the company. The actions of the board were taken on Jan.

MENOMONEE FALLS, Wis. — Kohl’s Department Stores announced that it has partnered with fashion designer Dana Buchman for an exclusive line of Kohl's Cares cause merchandise. The product line includes apparel, accessories and gifts, which can be found in all 40 Wisconsin Kohl’s stores and online at Kohls.com, with 100% of the net profit donated to support the fight against breast cancer. The collection is available now through the end of April.

New York City -- Apple Inc. has hired John Browett, CEO of Dixons Retail PLC, the United Kingdom’s largest consumer-electronics retailer, to lead its retail store division. The appointment marks the end of a seven-month search to replace Ron Johnson, who left the world’s most valuable technology company last year to become CEO of J.C. Penney Co.