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  • Spectrum thinks over repositioning manufacturing

    During the Spectrum Brands second-quarter earnings call, the Madison, Wis.-based company showed interest in bringing back some offshore production. 

     

    Responding to a question about the rising costs of wages and freight for overseas small appliance manufacturing, Spectrum Brands CEO David Lumley said: “We are looking at that.”

     

    He added that a first opportunity might be for North America manufacturing — Mexico or the Caribbean.

  • CVS joins White House effort to hire vets, military spouses

    WOONSOCKET, R.I. — CVS Caremark announced that it was among several national companies represented at an event hosted on Tuesday by President Obama, VP Joe Biden, First Lady Michelle Obama and Dr. Jill Biden as part of the Joining Forces initiative.

     

    During the event, the administration asked companies participating in the Joining Forces initiative to hire and train 435,000 veterans and military spouses over the next five years, after nearly tripling its original goal of hiring 100,000 veterans and military spouses by the end of 2013.

  • Leadership changes at Family Dollar

    MATTHEWS, N.C. — Family Dollar has announced that EVP of supply chain Charles S. Gibson will leave the company to pursue other interests.

     

    “Charlie has overseen the growth and development of our supply chain network and has been a valued part of our team,” said Howard R. Levine, chairman and CEO. “We appreciate the contributions Charlie has made to the company’s success, and we wish him all the best in his future endeavors.”

     

  • Supply chain exec departs Family Dollar

    Matthews, S.C. -- Family Dollar Stores said Monday that Charles S. Gibson, executive VP – supply chain, will leave the company to pursue other interests, effective April 30.
     
    “Charlie has overseen the growth and development of our supply chain network and has been a valued part of our team,” said Howard R. Levine, Family Dollar CEO. “We appreciate the contributions Charlie has made to the company’s success, and we wish him all the best in his future endeavors.”

     

  • Former Morgan Stanley exec joins CIT Group

    NEW YORK — CIT Group, a leading provider of financing and advisory services to small businesses and middle market companies, has named Todd Harrington Northeast regional sales manager of CIT Trade Finance.

     

    He will report to Marc Heller, Northeast regional manager and international manager of CIT Trade Finance.

     

  • Cloud-based software provider names new VP, sales

    TREVOSE, Pa. — Airclic, a global provider of cloud-based software that transforms the accuracy, efficiency and competitiveness of mobile supply chain and logistics operations, has appointed Charlie Virden as VP of sales.

     

  • S&S sells Sunoco portfolio for $32 million to Cole Real Estate

    Dallas -- S&S Enterprises said it has sold a portfolio of 12 Sunoco fuel centers and convenience stores in central and southeast Florida for $32 million to entities managed by Cole Real Estate Investments.

    The portfolio consists of 37,275 sq. ft., with seven of the 12 locations having been redeveloped and all locations having received 20-year lease extensions.

  • Children’s Place CFO Scarpa named COO

    SECAUCUS, N.J. — Children's Place CFO Michael Scarpa has added COO to his credentials. Scarpa, who oversees finance, information technology, distribution, logistics and wholesale, will add store operations, store development and international to his responsibilities. Scarpa will continue to report to president and CEO Jane Elfers.

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