News

LEXINGTON, Mass. — Stride Rite is giving young girls the ultimate fairy tale experience with special in-store Cinderella shoe fittings and the chance to win a hometown screening of a Disney fairy tale.

NAPERVILLE, Ill. — OfficeMax is easing the burden felt by many teachers through its  sixth annual A Day Made Better teacher surprise events on Tuesday, October 2nd.

On Oct. 2, OfficeMax will surprise 1,000 teachers each with $1,000 worth of school supplies for their classrooms.  To identify recipient schools in need across the country, OfficeMax partnered with the nonprofit organization AdoptAClassroom.org. Principals of participating schools nominated teachers that exemplify passion, dedication and innovation in the classroom.

WASHINGTON — Jelly Belly president and COO Bob Simpson will take over the National Confectioners Association's executive board as chairman.

NCA's publication, Candy & Snack Today said Simpson replaces Mitchell Goetze as the chairman of the executive board. Blommer Chocolate Co. president Peter Blommer was appointed to serve as vice chairman, and Goetze, who is president and COO of Goetze's Candy Co., becomes ex-officio chairman.

The outlook for Christmas spending is decent and Halloween is supposed to be pretty good too.

Corporate governance is a familiar topic, especially to Walmart and its suppliers, but the concept of supply chain governance is less well understood.

A global leader in the space, MetricStream, aims to change that. In a nutshell, the frim explains that supply chain governance is about helping organizations streamline and manage their supplier quality and performance while also identifying, mitigating and managing supplier risks for key procurement and manufacturing process.

JERSEY CITY, N.J. — The company behind Soap.com has debuted an online shopping destination for natural, organic and sustainable products.

London -- A Thursday report by Reuters said that British sports retailer Sports Direct will buy 60 stores from struggling competitor JJB Sports.

Citing an unnamed source, Reuters reported that JJB said it is close to appointing KPMG as administrators to sell its assets and brands after failing to receive an offer for the entire company.

JJB operates 180 stores. Sports Direct is majority-owned by Mike Ashley, owner of the Newcastle United soccer club. He will pay about $48 million for the 60 stores.

Hong Kong -- Esprit Holdings Ltd. reported Wednesday that net income of the fiscal year ended June 30 surged to $112.6 million, compared with $10.2 million the year before, boosted by one-time writeoffs for store closures.

Sales dropped 11% to $3.89 billion from $4.35 billion.

Stockholm, Sweden -- Swedish fast-fashion retailer Hennes & Mauritz AB reported Thursday that net income for the quarter ended Aug. 31 edged up less than 1% to $550 million, missing analysts’ expectations of $618 million in profit. Sales rose 10% in local currency, but gross margins shrank and the retailer said it would delay the start of online operations in the U.S. until next summer to allow it more time to adapt to the market.

The nation’s leading sporting goods retailer has introduced a ranking system that shows football fans how sales of their favorite player’s jersey stacks up against the competition.

It is a clever strategy and feeds into NFL fans fantasy league obsession for statistics and provides Dick’s a lever to heighten shopper engagement and drive sales of big ticket, high margin apparel items that typically retail for upwards of $100.