News

MWV’s board of directors chose James Nevels as a new member, the packaging company announced Thursday.
 
Nevels, the 62-year-old chairman of the Philadelphia-based investment advisory firm The Swarthmore Group and president of the Hershey Company’s board of directors, will work on MWV’s development and auditing committees. He joins the board as the company works to increase its margin goals and expand its packaging endeavors.
 

Fort Myers, Fla. -- Chico's FAS announced that it has appointed Todd E. Vogensen as senior VP, CFO, replacing Pamela Knous, who has left the organization to pursue other interests.

Prior to his appointment as CFO, Vogensen had been the Chico’s senior VP finance. He has served Chico's in numerous roles over the past five years. Previously, Vogensen held multiple positions of increasing scope and responsibility with Michaels Stores.

Payment Alliance International (PAI), a leading retail ATM solutions company, and OnPoint Community Credit Union have entered into an agreement to brand ATMs at all 72 Rite Aid pharmacies in Oregon.

PAI will own and operate the ATMs, which will be outfitted with OnPoint Community Credit Union’s branding. OnPoint members will have surcharge-free access to cash at Oregon Rite Aid pharmacies beginning July.

Indianapolis -- The Finish Line’s first-quarter profit more than doubled as the retailer expanded its presence online and in Macy's stores nationwide. Its results topped Wall Street estimates.
 
The retailer reported a profit of $12.4 million, compared to $5.1 million in the year-ago period. Revenue was up 16% to $406.5 million. Same-store sales increased 5%.
 

If a shopper has ever wanted 10 yards of Nerds candy, a new product from Duck Tape has it covered. The two brands have teamed up to create a new tape that features the crunchy candy.

The 10-yard roll of tape is aimed at consumers interested in crafts, or personalizing notebooks and accessories.

The Rick Dreiling era is coming to an end at Dollar General as the chairman and CEO announced plans to retire next year, initiating a search internally and externally for a successor.

Jeffersonville, Ind. - Almost three-quarters (72%) of consumers only want to socially interact with a brand when they first comment on social media channels. Findings from a new customer survey from Accent Marketing Services LLC also show that 75% of Millennials find it helpful when other customers/followers respond to a question or comment posted on a brand’s social media channel, compared to 55% of Baby Boomers.

Columbia, Md. - Micros Systems Inc. and global payments provider Elavon have integrated their respective gateway and security products to deliver encryption and tokenization for the food and beverage industry, facilitating a secure environment throughout the payment transaction cycle. Integration has been provided for the Micros Payment Gateway and Elavon's Fusebox gateway solution.

Benefits of the integration include streamlined PCI compliance, as well as consolidation of multiple interfaces and certifications for electronic payment processing.