News

Redwood Shores, Calif. -- Regional department store retailer Von Maur has implemented the Oracle Retail Merchandising System suite of applications to support same-store revenue growth, as well as its scheduled expansion into new markets, such as Atlanta, Milwaukee, Victor, N.Y., and Hoover, Ala.
 

OAKLAND, Calif. — The Clorox Co. on Tuesday announced that COO Lawrence Peiros, 57, will retire from the company effective April 1, 2013.

Peiros, who joined Clorox in 1980 as a summer intern, was appointed a member of the company's executive committee in 1999 and then to the COO role in 2007. He also oversees the marketing, sales, research & development and product supply functions as well as Clorox's Eco office.

MOORESVILLE, N.C. — Lowe’s is donating $1 million to disaster relief and rebuilding efforts in communities affected by Hurricane Sandy. Lowe’s will work with its national nonprofit partners to provide both immediate and long-term support to local communities across the Northeast.

CHARLOTTE, N.C. — Baker & Taylor, a distributor of digital and physical books and entertainment products, announced that it has enhanced its popular Axis 360 digital media platform by releasing a mobile version. The mobile version of Axis 360 is designed to leverage the functionality of native Web browsers built into multi-function devices, smartphones and tablets running on the iOS, Android and BlackBerry operating systems.

New York -- Sales of Halloween candy, decorations and other items may not reach the $8 billion mark anticipated earlier by the National Retail Federation as Hurricane Sandy turned consumers’ attentions elsewhere.

BATTLE CREEK, Mich. — Kellogg has elected Mary Laschinger, SVP International Paper (IP) and president of IP's xpedx distribution business, to its board of directors effective Oct. 26.

"Mary's more than 30 years of experience leading operating units of some of the world's most well-respected companies will be a real asset to Kellogg," said chairman Jim Jenness. "We are excited that Mary has agreed to join our board."

Boca Raton, Fla. -- Office Depot Inc. said Tuesday it has approved a poison pill defense to preclude investor Starboard Value LP from waging a takeover of the company.

The activist investor became the office-supply retailer’s largest shareholder last month and has begun pushing for changes.

The poison pill is a shareholder rights plan that would give its investors additional shares if one entity surpasses 15% ownership. Starboard owned 14.8% as of Oct. 12.

FORT WORTH, Texas — RadioShack has donated $50,000 to the American Red Cross to support Hurricane Sandy relief efforts. The donation will help cover costs of shelter, food, recovery and other assistance to families affected by the storm.

"Hurricane Sandy has been a storm of historic magnitude," said Dorvin Lively, CEO of RadioShack Corp. "RadioShack wants to support Red Cross in its efforts to help the communities and families we serve get back to normal as quickly as possible."