Supply Chain & Merchandising

New York -- Federal authorities have arrested a former Tiffany & Co. executive, charging her with stealing more than $1 million in jewelry and then reselling it for $1.3 million.

According to reports, Ingrid Lederhaas-Okun was arrested at her home in Darien, Conn. She was charged with wire fraud and interstate transportation of stolen property by the FBI, and could face up to 30 years in prison.

For the second time in the past six years, 99 Cents Only said it was unable to file its annual report within the timeframe specified by the Securities and Exchange Commission.

The company’s annual report on form 10-K for its fiscal year ended March 30 was due at the SEC no later than June 28. However, because of a range of inventory valuation issues identified by auditors and a new CFO, the company said it was unable to file the report without unreasonable effort or expense. The company did not indicate when it planned to file the report other than as soon as practicable.

Williams Lake, B.C. – Canadian e-commerce company UNA Global LLC is opening a new online retail site, FitnessConnections4U.com. The site specializes in at-home fitness products such as weights, benches, exercise mats and vitamins and supplements. It also offers a free blog with product reviews, exercise routines, safety precautions, and articles.

East Cleveland, Ohio -- A switch from fluorescent lights to LED in its frozen-food cases will result in total annual energy and maintenance savings of approximately $570,000 for Stater Bros. The supermarket retailer has retrofitted the cases in nearly all of its 166 stores with GE’s LED refrigerated display lighting,

After evaluating lighting options, Stater Bros.’ retail marketing team chose GE’s 17-watt Immersion RV40 LED systems to replace the 60-watt fluorescent fixtures in freezer cases.

Famous Brands International, parent company of TCBY Yogurt and Mrs. Fields Cookies, has appointed interim CEO Neal Courtney as the company’s CEO. Neal had been serving as interim head since February, when then-CEO Tim Casey resigned his post.

Austin, Minn. -- Karis Ventures LLC, an online retailer of kitchen products, has unveiled a new e-commerce site known as MyNewKitchenProducts.com. Product categories include blenders, coffee makers, cookware sets, food dehydrators, frying pans, juicers, kitchen carts, pasta makers, pot racks, pressure cookers, refrigerators and mini fridges, rice cookers, wine racks and wine coolers. Customers can filter products by price and create personal accounts to track orders.

Secaucus, N.J. – The Children’s Place is partnering with Israeli fashion chain Fox-Wizel Ltd. to open stores in Israel, starting in the first quarter of fiscal 2014. The two companies inked a 10-year franchise agreement.

Regional sporting goods retailer Sports Chalet has opened a smaller format prototype store in a new downtown Los Angeles retail development known as FIGat7th.