Sales & Marketing

New York City -- Tiffany & Co. is replacing its CFO and adding a COO position.

The company announced Patrick F. McGuiness will replace James Fernandez as CFO.

Fernandez is taking on the newly created post of COO. The moves are effective immediately.
 

NEW YORK — Tiffany & Co. announced that Patrick McGuiness has been appointed SVP and CFO  and that James Fernandez has been appointed to the newly-created role of COO. 

New York City -- Electronic Arts, the Redwood City, Calif.-based sports video game developer, will make its freestanding retail debut this fall, opening an EA Sports store in North Carolina’s Charlotte/Douglas International Airport.

The company is looking to open at least two additional stores in the next year.

New York City -- Stephen Carvelli, director of eCommerce at Chico’s FAS, was honored as Retail Executive of the Year at the 2011 Oracle Retail Excellence Awards. Carvelli was cited for his advocacy of cross-channel technology and knowledge of how e-commerce technology is applied in retail environments. Chico’s also was honored in the category of “Outstanding Achievement in Customer Experience.”

The awards were announced at the annual Oracle Retail CrossTalk event, held June 21-24, at Westfields Marriott, Washington, D.C.

Quincy, Mass. -- Stop & Shop Supermarket has opened a store in Andover, Mass., that offers a variety of high-tech shopping solutions, including Check It! self checkout lanes, and Scan It! hand held devices that allow customers to scan and bag groceries while they shop. Customers can also pre-order deli items at designated Order It! kiosks.

LA JOLLA, Calif. — Select Target stores are now the exclusive retailer of Bear Naked's newest breakfast cereal.

Bear Naked Nut Cluster Crunch comes in honey almond and maple nut variety is available for a suggested retail price of $3.99.  

Bear Naked, which specializes in natural food products, was designed to give busy, active people the natural energy they need to make the most of their morning.

During a question-and-answer style interview in Monday’s USA Today, Target chairman, president and CEO Gregg Steinhafel shared his thoughts on a wide range of topics including Walmart, inflation, designers and competition.

New York City -- Best Buy plans to reduce its store size by subleasing store space to smaller retailers, according to The Los Angeles Times. The chain’s new stores will be in the 36,000-sq.-ft. range, down from its current 45,000-sq.-ft. model.

"We can reduce our overall square footage while actually increasing our presence," Best Buy CEO Brian Dunn said at the company's annual shareholders meeting this week. "It's an opportunity to capture cost savings and get ourselves 'right size.'"