News

AUSTIN, Texas — Golfsmith International has named Sue E. Gove president and CEO of the world's largest specialty golf retailer. Gove, formerly president and COO of the combined Golfsmith and Golf Town business, has also served as the chief integration officer leading the successful Golfsmith-Golf Town combination which was finalized this past July.

FAIRFIELD, Conn. — In response to Hurricane Sandy, GE today gave $1.1 million to support relief and recovery efforts throughout the Northeast of the United States. One million dollars was given to the American Red Cross Disaster Relief Fund. The additional $100,000 dollars was given to the United Way of America for them to direct to local communities where they determine the need is greatest.

Hermosa Beach, Calif. -- Virtual Piggy announced that it has expanded its digital distribution channel with the addition of Barnes & Noble and Sephora to its online store.

Virtual Piggy allows parents to set up a monthly allowance for their children and promotes financial management while empowering U21s to make purchasing, saving and other money management decisions for themselves, within the boundaries setup by their parents.

NEW YORK — Tiffany & Co. announced plans to open a 10,000 sq. ft., multi-level flagshop store in Paris in 2014. The store will be located at 62, Avenue des Champs Elysées.

Norwalk, Conn. -- LogicSource, a sourcing solutions firm, has entered into a multi-year agreement to provide advisory services and technologies to Burlington Coat Factory, which operates more than 477 stores in 44 states and Puerto Rico.

NORWALK, Conn. — LogicSource, a sourcing solutions firm, has entered into a multi-year agreement to provide advisory services and technologies to Burlington Coat Factory.

NEW YORK — Deloitte has teamed up with software solutions provider, CMO Compliance to provide solutions to consumer product, food service, retail and distribution companies.

The partnership will provide clients with a full suite of tools for risk management, the companies said.

Former OfficeMax executive Ryan Vero has been named SVP and president of grocery, drug and pharmacy at Sears Holdings.

Vero spent 17 years with OfficeMax and last served as the company’s EVP and chief merchandising and marketing officer. In his new role with Sears Holdings, Vero will be responsible for the oversight, leadership and growth, both in-store and online, for the company’s grocery, drug and pharmacy businesses.