News

NEW YORK — Barnes & Noble CEO and director William Lynch has resigned, effective immediately, and the company has restructured its leadership team as a result. 

WASHINGTON — The National Retail Federation's president and CEO Matthew Shay and chief economist Jack Kleinhenz have issued a statement concerning June's employment numbers, released by the Department of Labor.

GREEN BAY, Wis. — The Shopko Foundation has announced the recipients of its Teammate and Family Scholarships for the 2013-2014 school year. The foundation awarded $75,000 in scholarships to 30 students in 10 states.

MORRIS TOWNSHIP, N.J. — Honeywell chairman and CEO Dave Cote has been named CEO of the Year by Chief Executive Magazine. Cote will be featured on the cover of the magazine’s July issue as well as on ChiefExecutive.net.

The award recognizes the transformation of Honeywell under Cote’s leadership throughout the past decade. During that time, Honeywell has increased sales by 71% to $37.7 billion and has consistently outperformed the S&P 500 during that timeframe.

EAST RUTHERFORD, N.J. — Kid Brands' EVP and COO Kerry Carr is about to take on a third title at the company as its new CFO. The news comes amid the company's announcement that it has sold the Russ and Applause brands to Larsen and Bowman Holdings for $1.25 million.

Carr replaces James Christl, whose resignation for personal reasons from his position as SVP and CFO has been accepted by the company.

BOCA RATON, Fla. — Office Depot has unveiled the next phase of its anti-bullying collaboration with pop group One Direction. The retailer will offer a limited-edition collection of back-to-school products and donate a percentage of sales to anti-bullying education.

CHELMSFORD, Mass. — Multichannel home furnishings specialty retailer has tapped Kewill, a leading provider of software for supply chain execution, to help it consistently manage domestic and international shipments from multiple shipping locations across North America.

Crate and Barrel will utilize Kewill's Flagship parcel shipping and Netship expense management software to streamline its supply chain and integrate a roster of carriers to ensure it selects the best available rate and service every time.

VeriFone and Lenovo teamed up to develop a mobile point of sale platform that promises to meet retail needs for Windows-based systems compatible with existing retail store systems.

The platform integrates a ThinkPad Tablet 2 based on the Intel Atom Z2760 processor with VeriFone's secure PAYware Mobile technology designed exclusively for the Lenovo tablet.

NEW YORK, N.Y. — Happy Family, a leading organic baby and toddler food brand founded and operated by moms, wants picky eaters to clean their plates for a chance to win $20,000 toward a college education.

As part of the campaign, which launched on Facebook and is called Stories from the Bright Side, Happy Family is calling parents to submit their funny mealtime moments.

Vancouver, B.C. -- A lawsuit has been filed against Lululemon Athletica, accusing it of defrauding shareholders by hiding defects in yoga pants whose sheerness led to a costly product recall, and concealing talks that led to the sudden departure of its chief executive, Christine Day.