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Mass Merchant

  • Pacific Sunwear appoints CFO

    Anaheim, Calif. -- Pacific Sunwear of California announced that Michael Kaplan will join the company as senior VP and CFO, effective May 2. He will be replacing Mike Henry who became interim CFO in November 2007 and was named CFO in January 2008.

    Most recently, Kaplan was CFO of Harbor Freight Tools, a 349-store retailer of proprietary branded tools. Prior to joining Harbor Freight Tools in 2010, he was a senior executive of Gap Inc. from 2005 to 2010.

  • Loehmann’s names CFO

    New York City -- Loehmann's Holding Co. announced that Joan Durkin has been appointed CFO and senior VP finance. She assumes the CFO role from Joe Melvin who successfully led the company out of Chapter 11 in early March.

    Durkin most recently served as VP finance for Brown Shoe Co.

  • Target signs lease to open in San Francisco’s Metreon

    Rumors that Target would open in San Francisco’s Metreon center have now been confirmed: Terranomics announced it has brokered a signed lease for Target to open in the Wesfield-owned center.

    The lease for 99,677 sq. ft. was only just officially signed, San Francisco Business Times reported. The Metreon will soon begin construction on a multi-million dollar remodel that will make room for Target, and will recreate the ground level as a food collection of Bay Area restaurant concepts.

  • Campbell Soup appoints VP corporate development

    CAMDEN, N.J. — A former Walmart VP has joined Campbell Soup as its VP corporate development.

    In this new role, Raymond Liguori will be responsible for Campbell's efforts in the areas of mergers and acquisitions, strategic alliances and joint ventures. He will report to Craig Owens, Campbell's CFO and chief administrative officer.

  • Wal-Mart details environmental progress

    Bentonville, Ark. -- Wal-Mart Stores on Monday released its "2011 Global Responsibility Report." According to the report, the chain has made steady year-to-year improvement towards its goals of creating zero waste, using 100% renewable energy and selling products that sustain people and the environment.

  • 3M launches eco-friendly Scotch Tape line

    ST. PAUL, Minn. -- 3M announced that it has launched the first-of-its kind Scotch Magic Eco-Friendly Tape.

    Scotch Magic Eco-Friendly Tape (including refillable dispenser, packaging and tape) is made from more than 75% renewable or recycled materials, the company reported. The boxed refill roll, including packaging, is made from more than 65% renewable or recycled materials. 

  • Family Dollar names VP real estate

    MATTHEWS, N.C. -- Family Dollar Stores announced that it has named Brad Rogers to the position of VP real estate development. Rogers will report to Keith Gehl, SVP real estate and facilities.

    “Accelerating new store growth is a key element of our strategic agenda,” said Gehl. “Through Brad’s leadership we will continue our aggressive growth in both new and existing markets to provide budget-conscious customers with a compelling shopping experience in more areas of the country.”

  • Walmart social commerce gets "Kosmix" intervention

    BRISBANE, Calif. -- Walmart announced that it has acquired the services of Kosmix, a Mountain View, Calif.-based company to grow its multi-channel strategy.

  • All about the iPad

    The iPad is an amazing product that offers a wonderful user experience, which is why everyone wants one. It also doesn’t hurt that retailers of all types have become quite aggressive in their promotional efforts on behalf of Apple, since the popular device makes a meaningful contribution to sales in addition to providing those retailers who feature the device with some of that Apple “it” factor.

  • Greenpeace ranks Target 2nd as seafood savior

    Greenpeace has published its fifth annual “Carting Away the Oceans” report examining the retail industry’s seafood practices, and none of the 20 companies featured are where the environmental group thinks they should be in terms of sustainability and responsible harvesting practices.

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