Retail

Oak Brook, Ill. -- Ace Hardware Corp. announced that John Venhuizen has been named president and CEO of the hardware cooperative. The appointment is part of a strategic leadership transition that was announced last fall.

In September, Venhuizen was named president and COO of Ace Hardware, while Ace’s outgoing leader Ray Griffith maintained the title of CEO.

Venhuizen is a 20+-year veteran of Ace Hardware, having served in a variety of capacities.

Atlanta -- Rental chain Aaron's announced at its 2013 National Managers Meeting in Nashville that the company plans to open 125 stores in 2013 and hire 750 new employees.

Aarons added 950 new jobs across the U.S. and Canada last year.

Los Altos, Calif. -- Talend said Monday that The Container Store is deploying Talend Enterprise Data Integration to simplify, standardize and move data across multiple platforms.

With Talend, The Container Store now has cross-platform standardization, improved development times and automated processes that were previously done manually.

Bentonville, Ark. -- Walmart is easing the pain at the pump by offering customers who use a Walmart MoneyCard or Walmart Credit Card a 15 cents per gallon reduction on their fuel purchase. Customers using a Walmart gift card will receive a 10 cent per gallon discount. Gas will be discounted at more than 1,000 Murphy USA and Walmart gas stations located at Walmart stores in 21 participating states.

Naperville, Ill. -- OfficeMax Inc. announced Monday the unveiling of a new format, OfficeMax Business Solutions Center, in downtown Milwaukee. The 5,000-sq.-ft. store is designed to serve small businesses with services, solutions and products to help local entrepreneurs grow their companies.  

Located in The Shops of Grand Avenue, the new format replaces the previous OfficeMax store.

Hoffman Estates, Ill. -- An SEC filing on Thursday revealed that Sears Holdings Corp. former CEO Louis D’Ambrosio, who stepped down in February citing family health issues, saw his total compensation package shrink nearly 90% from the prior year.

According to the proxy statement filed with the Securities and Exchange Commission, Sears said D’Ambrosio's salary rose to $1 million in 2012 from $930,769 in 2011. However, the value of his perks, such as corporate housing and travel, shrank to $278,741 from $852,037 in 2011.
 

In the second installment of a case study series, CSA Online continued to offer an insider’s look at the conception and initial rollout of the southern Calif.-based fast-casual concept PizzaRev. Likened to “the Chipotle of pizza,” this innovative chain lets customers choose from an artisanal array of toppings to craft their own pizzas. A test kitchen in Northridge, Calif., was launched in April 2012 and three additional locations soon followed.

Cleveland -- American Greetings Corp. said Monday that the founding Weiss family has reached a deal to acquire the gift cards and party goods company for about $878 million.

The transaction is expected to close in July, and “returns the company to private ownership in a way that we believe enables the company to continue to serve the interests of its customers, employees, suppliers and the communities in which it operates as it has for over a century," said Jeffrey Weiss, president and COO.