Retail

Marina Del Ray, Calif. -- Cooking.com and recipe video website Good Bite announced that Cooking.com will be building and managing a new online kitchenware store for Good Bite.

SAN FRANCISCO -- Walmart’s U.S. VP of benefits, Chris McSwain, was elected chairman of the Integrated Benefits Institute, the organization announced Monday.

“Chris McSwain has played an important leadership role in the health benefits community, and we look forward to his continued leadership with IBI,” said Thomas Parry, president of the non-profit health and productivity research organization.

Asheville, N.C. -- Ingles Markets announced Monday that its founder and CEO Robert P. Ingle died on Sunday at age 77.

Ingle founded the company in 1965 and served as chairman of the board from 1965 until May 2004 and thereafter has served as a director. He has served as CEO since 1965, and president from 1965 until 1982.

His son Robert P. Ingle II has been named his successor.
 

The March issue of Fortune contains the magazine’s annual ranking of the most admired companies, and this year’s list shows Target ranked 22nd. Only Walmart (11) and Nordstrom (21) were ranked ahead of the company. Other notable retailers on the list who ranked lower than Target included Costco (29), Best Buy (36), eBay (45) and Lowe’s (49).

Los Angeles -- Guess announced Monday that it has appointed Nancy Shachtman as its president of North America, reporting to Paul Marciano, CEO and vice chairman.

Shactman was previously president of Guess Inc. Wholesale. In her new position, she will oversee the North American retail operations for Guess and Guess by Marciano, as well as Guess Wholesale, including Mexico.