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Mass Merchant

  • Dollar General doesn’t blink

    Undeterred by bad weather and competitive pressures that took a toll on its first quarter performance, Dollar General is pressing ahead with plans for 700 new stores, recently opened its 12th distribution center and believes its full year profit forecast is attainable.

  • Tuesday Morning names marketing head; appoints new senior VP store ops

    Dallas -- Tuesday Morning Corporation announced that Susan H. Davidson has joined the company as senior VP marketing. She succeeds Ross Manning in this capacity, who has left and is pursuing other professional opportunities.
     

  • Vera Bradley adds former Saks exec to team

    Vera Bradley has named Karen Peters as EVP, retail and wholesale sales.

    Peters has 25 years of retail experience including multi-store management and merchandising. Between February 2005 and March 2014, she served as SVP, director of stores for Saks Fifth Avenue Off 5th. Prior to that, she held key management positions with Sears, Target and Kohl's.

  • Vera Bradley names Saks exec as executive VP, retail and wholesale sales

    Fort Wayne, Ind. -- Vera Bradley announced that Karen Peters has been named executive VP, retail and wholesale sales.

    Peters has 25 years of retail experience including multi-store management and merchandising. Between February 2005 and March 2014, she served as senior VP, director of stores for Saks Fifth Avenue Off 5th. Prior to that, she held key management positions with Sears, Target, and Kohl's.

  • Sweets & Snacks Expo sees year-over-year growth

    Sponsored by the National Confectioners Association, the 2014 Sweets & Snacks Expo hosted a sold out show at Chicago’s McCormick Place to an audience of more than 16,000 qualified industry professionals. The Expo, held May 20–22, is being touted as the confectionery and snack industry’s most successful, world-class event.

  • Burlington Stores CEO elected chairman

    Burlington, N.J. -- Burlington Stores announced that Thomas A. Kingsbury, the company’s CEO and president, has been unanimously elected as chairman of the board.

    “We are excited to elect Tom to chair the board of directors of Burlington Stores,” the board said in a statement. “He has done an outstanding job as CEO since he joined the company in 2008. The growth of the business has been impressive under Tom’s leadership and we look forward to this continuing under Tom’s expanded role as chairman and CEO.”

  • Investment banker Wehrwein joins Quantum board

    Finance executive Sven Wehrwein is the newest member of the Quantum Retail Technology board of directors.

    The Minneapolis-based retail technology company said Wehrwein’s addition to the board brings growth expertise and knowledge of corporate finance.

  • 99 Cents Only Stores appoints interim CFO

    New York -- 99 Cents Only Stores named Christopher Laurence as the company's interim CFO, treasurer and secretary. Laurence replaces Frank Schools, who resigned to pursue other opportunities.

    Laurence most recently was CEO of ThreeSixty Group, a product development and sourcing company for consumer product brands and retailers.

     

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