Sales & Marketing

New York -- Andy Dunn, the founder of the hot online menswear retailer Bonobos, is transitioning from CEO to executive chairman. Dunn, who founded the company in 2007, has named retail veteran Francine Della Badia to serve as CEO starting June 1.

Della Badia most recently served as president of North American retail at Coach, leaving in February. She also held positions with Victoria’s Secret, J.Crew and Gap Inc.

Alibaba Holding Group Ltd. went on a buying spree at Zulily this month, but the Chinese Internet retailer wasn't buying baby shoes.

Alibaba purchased about 4.8 million class A shares in Zulily, about 17% of Zulily’s Class A stock. The stake, valued at more than $150 million, was disclosed in a securities filing that showed Alibaba this month spent $56 million buying Zulily stock as the U.S. company’s shares plunged following a disappointing earnings report.

Chicago -- JLL is getting a big boost to its retail business by acquiring Wilson Retail Group, an independent retail brokerage and capital markets firm in Southern California.

The transaction will enable JLL, the nation’s largest third-party retail property manager, to provide a broader range of brokerage and investment sales services to retailers and investors in a core urban gateway. The transaction closed for an undisclosed sum.

ALDI is trying to tap into consumers’ desires to eat healthier by putting a dietitian's stamp of approval on some of its foods.

The retailer is teaming up with nutrition experts to introduce "Dietitian's Picks" to its stores to help shoppers easily identify healthy choices and kick-start healthy eating habits at home.

Houston – Fuddruckers is going from “Howdy” to “Ayuh.” The casual-dining chain is opening its first location in Maine on May 11 through a partnership with franchisee B&B Burgers Inc. The 3,000-sq.-ft. restaurant in Ellsworth, Maine anchors a new Tradewinds convenience store complex.

Asheville, N.C. – A significant increase in gain from the disposal of assets helped boost net income 37% at Ingles Markets Inc. in the second quarter of fiscal 2015 to $14.3 million, from $10.5 million in the same quarter a year earlier. Lower gasoline prices helped reduce net sales 3% to $915.3 million, from $947.76 million.

Excluding gasoline, same-store sales rose 1.2%.

Washington, D.C. -- The National Retail Federation has released an op-ed article by association president and CEO Matthew Shay strongly urging Congress to pass Trade Promotion Authority (TPA) legislation. Congress is expected to debate the bill this week.

Here is the article by Shay:  

By Nader Fathi