News

Altoona, Pa. -- Sheetz Convenience Restaurants said it broke ground Thursday on a new distribution and production center in Burlington, N.C.

The 44-acre site will include a Sheetz Bros. kitchen bakery, distribution and warehousing center for the Sheetz distribution fleet, and also will provide space for various other corporate support departments.

Brussels, Belgium -- Belgian grocer Delhaize Group said that it has reached an agreement to sell 25 Maxi, Mini Maxi, and Tempo stores in Montenegro to Expo Commerce.

The transaction is slated to close in the fourth quarter, and Delhaize and Expo will enter into a franchise agreement to maintain the Maxi, Mini Maxi and Tempo names.

Boston – According to a new report from the Universal Commerce Innovation Exchange and Aite Group, “Strategies for Mobile Investments – Ensuring Success,” retailers need to think differently about how they achieve ROI from their mobile commerce strategies. This different mode of thinking includes:

Dallas – Alliance Data Systems Corporation will provide private label credit card services for the US brands of Zale’s and acquire the existing card portfolio at a future date. In addition to providing private label credit card services for each Zale brand in the U.S., Alliance Data will provide turnkey credit marketing services to all Zale brands, including omni-channel and mobile services and technologies.

Matthews, N.C. -- Family Dollar reported lower net income in the third quarter of 2013 as its shoppers continue to hold off on discretionary spending.  The discounter also named Jason Reiser to the position of senior VP merchandising.

Family Dollar posted net income of $120.9 million, down 3% from $124.5 million in the year-ago period. Its results, however, topped expectations.

Sales rose 9% to $2.57 billion. Same-store sales increased 2.9% as a result of higher customer transaction totals and traffic volumes.

MATTHEWS, N.C. — Former Sam’s Club executive Jason Reiser is heading to Family Dollar to be the company's SVP of merchandising. He replaces John Scanlon, who left the company at the end of March.

Family Dollar announced the key changes to its merchandising organization on the heels of better-than-expected third quarter results for fiscal 2013 ended June 1. 

SOLON, Ohio — Efficient Collaborative Retail Marketing announced that BV Investment Partners has become its majority shareholder, and Greg Farrar has been named ECRM's CEO as a result.

SAN FRANCISCO — Performance Marketing Brands, which owns and operates cash-back shopping sites that include Ebates.com, has appointed David Oppenheimer as the company’s new CFO. 

Most recently, Oppenheimer was CFO at ServiceSource, a global recurring revenue management and technology company. Oppenheimer will manage finance, accounting, HR, facilities and various operational and administrative functions for all PMB properties, including Ebates.com, Ebates Canada, FatWallet, AnyCoupons, One Receipt and Pushpins. 

NEW ALBANY — Abercrombie & Fitch Co. is taking its 2013 Stars on the Rise back-to-school campaign, featuring a group of up-and-coming actors, to the digital arena with a new mobile app that offers potential shoppers an interactive experience. 

A social shopping list app called Divvy was chosen from among more than 76 entrants who participated in innovative exercise in crowd-sourced digital development conducted by Target and Fast Company.

The Divvy app was created by a New York-based group that called itself Team Pilot and received a $75,000 prize for their effort. The Divvy app which is designed to improve the group shopping experience by allowing multiple users to update a shopping list in real time while making it easier to split the bill and distribute receipts.