News

After more than 46 years of service, Publix Super Markets Miami division VP Bill Fauerbach has announced his decision to retire at the end of March 2014. Stepping into the role in his place will be Kevin Murphy on April 1.

“Bill helped grow our culture and build a solid foundation on which the Miami division will continue to grow. We thank him for his many contributions, and he will be missed by us all,” said Publix CEO Ed Crenshaw.

Canton, Mass. – Dunkin’ Donuts has launched its “HoliDDay Fashions” contest, inviting people to post photos of themselves in their holiday clothing and costumes on Facebook, Twitter and Instagram. Beginning Dec. 12 and continuing through Dec. 18, customers can submit their photos on Facebook, Twitter and Instagram using the special hashtag #HoliDDayFashions.

On Dec. 20, Dunkin' Donuts will announce a total of five winners to receive a prize pack. No purchase is required.

Fremont, Calif. – Men’s Wearhouse reported declining net income during the third quarter of fiscal 2013 even as net sales improved. Net income dropped about 22%, from $48.8 million in the third quarter of the prior fiscal year to $38.2 million.

The Home Depot reportedly plans to invest $300 million on technology and supply chain upgrades during its fiscal year 2014, which begins in February 2014. According to the Wall Street Journal, the results will include three new fulfillment centers in California, Atlanta and Ohio by 2016, as well as same-day shipping for some online orders.

Amit Menipaz, general manager of structured data at eBay, and John Inwright, president and CEO of Quality Supply Chain Co-op, the co-op for Wendy’s, have been appointed to the GS1 U.S. board of governors.
 

Retailers usually measure 
the success of project spending by ROI, or "return on investment." ROI measures how many dollars you get back for every dollar you invest. This is a prudent and necessary way of justifying investment in things like IT systems, facilities and processes.

But not everything of value can be measured by simple dollars and cents. How do you measure the return on hope given to hundreds of thousands of disadvantaged children, both in the United States and around the world?

Men’s Wearhouse reported declining net income during the third quarter of fiscal 2013 even as net sales improved.

Net income dropped about 22%, from $48.8 million in the third quarter of the prior fiscal year to $38.2 million.

Restoration Hardware co-CEO Carlos Alberini has resigned his post, effective Jan. 31, 2014. He plans to continue serving as a member of the company’s board of directors and will remain a significant shareholder.

Alberini is heading to Los Angeles, where he will take the helm as chairman of the board and CEO of Lucky Brand, effective upon closing of the pending acquisition by Leonard Green & Partners.