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Supply Chain & Merchandising

  • New CFO named at TJX

    FRAMINGHAM, Mass. — The TJX Companies announced Tuesday that Scott Goldenberg has been promoted to CFO, retaining his EVP title, effective Jan. 29, the beginning of TJX’s fiscal year. Goldenberg will oversee corporate finance for TJX and continue to report to Jeffrey Naylor who had resumed the CFO position in 2009. Naylor will continue as senior EVP, chief administrative officer and also have responsibility for other corporate functions, including Information technology, legal, risk management, and investor relations.

  • MarineMax narrows loss in Q1

    Clearwater, Fla. -- Boat retailer MarineMax reported Tuesday that it narrowed its loss in the fiscal first quarter to $4.2 million, from $4.7 million in the year-ago period. The company’s net loss was reduced by $1.4 million related to favorable resolution with a manufacturer whose brands the company no longer carries.

    Revenue dipped to $91.8 million for the quarter, from $92.2 million. Same-store sales edged up 2%.

  • Bon-Ton CEO takes on chairman role

    YORK, Pa. — The Bon-Ton Stores announced Tuesday that its board of directors has elected president and CEO Bud Bergren to the additional role of chairman of the board. The board has also accepted Tim Grumbacher’s resignation as executive chairman of the board. Grumbacher remains a director of the company and was named strategic initiatives officer. Additionally, Brendan Hoffman, recently appointed as president and CEO of the company effective Feb. 7, was elected a director of the company. The actions of the board were taken on Jan.

  • Report: Walmart moving greeters from lobbies into stores, near checkouts

    New York City -- In a break with longstanding company tradition, Walmart is moving its greeters from its lobbies into the stores near the cash registers, Bloomberg reported.

    In their new location, the greeters will be able to direct shoppers to products they are looking for, and also to shorter checkout lines, the report said.

  • Safeway names president for Vons division

    Pleasanton, Calif. -- Safeway Inc. named Lori Raya as president of its Vons division.

    In her most recent position as senior VP, Main Meal, Raya had responsibility for the company's largest portfolio of center-store business units including ingredients, beverages and snacks.

  • Shaw’s reopens hurricane-damaged store in Vermont

    West Bridgewater, Mass. -- Shaw’s Supermarkets has reopened its store in Ludlow, Vt. The store had been closed after being severely damaged by flooding in the wake of Tropical Storm Irene.

    In addition to repairing the damage from the flooding, Shaw’s invested additional resources to remodel the store, including expanding the store to 19,000 sq. ft., upgrading equipment and adding to offerings in several key categories.

  • Landmark Retail Group names project manager

    Woodland Hills, Calif. -- Landmark Retail Group, a subsidiary of NewMark Merrill Cos., announced that Clay Toombs has joined the company as senior project manager, responsible for overseeing development projects from design through entitlement approvals, permitting and construction.

    Toombs previously worked for Evergreen Devco Inc. as senior project manager.
     

  • Starbucks to enter India

    Seattle -- Starbucks Coffee Corp. has entered into a joint venture with Tata Global Beverages Limited that will result in the opening of the first-ever Starbucks locations in India. The 50/50 joint venture, called TATA Starbucks Limited, will own and operate Starbucks cafés, which will be branded as Starbucks Coffee “A Tata Alliance.” (Tata Global Beverages is the world’s second largest tea company and Asia’s largest coffee plantation company.)

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