Sales & Marketing

Retail design and brand strategy firm Interbrand Design Forum has added nine new associates as business continues to grow with key retail and manufacturing clients.
 
Allen McCormick has been named executive director, overseeing relationships with key client partners. Becky Lau was hired as senior consultant, strategy and analytics. Aaron Stancik is also new to the Strategy & Analytics group where he will serve as a senior consultant working on projects for Michael Hill and FedEx.

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Connect Address, a leading provider of cloud-based solutions for increasing online shopping cart conversions in real-time, has named Tom Flynn as the company's CEO.

"I am excited and pleased to be working with such a forward-thinking team and product," said Flynn. "Most companies in our space address shopping cart abandonment with basic retroactive tools. Connect Address delivers software and solutions to improve clients' social media presence, increase Web traffic and convert online shopping carts in real-time."

Columbus, Ohio - The previously announced offering of $500 million aggregate principal amount of unsecured senior notes due 2023 from L Brands (formerly knows as Limited Brands) has priced at 100% of the aggregate principal amount with a coupon of 5.625%. The sale of the 2023 notes was underwritten by BofA Merrill Lynch, Citigroup Global Markets Inc. and J.P. Morgan Securities LLC as joint book-running managers.

Walgreens has fine-tuned its management structure, most notably elevating Jim Jensen to VP daily living implementation and space planning, where he will be looking at maximizing merchandising initiatives against space optimization in the stores.

Moe Alkemade will assume the role of general merchandise manager handling seasonal, sundries and consumables. Beth Stiller has been named group VP retail brands and global sourcing.

All appointments are effective Nov. 4.

Monroe, Mich. – La-Z-Boy Inc. intends to acquire two La-Z-Boy Furniture Galleries stores located in the Youngstown, Ohio, market, with combined revenue of approximately $6.5 million. The stores are located in Boardman and Howland, Ohio, and are owned and operated by independent dealers who are retiring.  

Del Monte Foods has announced plans to sell its consumer products business to Del Monte Pacific Limited for $1.675 billion so the company can focus on the pet products market.

New York – Halston is launching its digital flagship store in more than 80 countries today, including the U.S., and Canada. The vertical e-commerce site will feature Halston Heritage apparel and accessories. The brand is also expanding its physical presence, with plans to expand to more than 20 locations by yearend.