News

CHICAGO — KitchenAid has announced plans to introduce the first line of non-licensed cookware, bakeware and kettles in its nearly 100-year history. KitchenAid had previously offered these products through a licensing arrangement.

"These newest KitchenAid products look, feel and perform like those that built our reputation as a brand," said Michael Huie, global business unit director for KitchenAid.

BENTONVILLE, Ark. — The Walmart Foundation is celebrating National Nutrition Month and National School Breakfast Week by giving $6.7 million in grants to five national nonprofit organizations that are providing children with school breakfast and helping families develop better eating habits. The grants are part of Walmart and the Walmart Foundation's $2 billion cash and in-kind commitment through 2015 to help fight hunger in America and Walmart's 2011 initiative to provide customers with healthier and more affordable food choices.

HUNTINGTON BEACH, Calif. — Quiksilver has announced the appointments of Tom Hartge as global head of footwear and Kasey Mazzone as global head of supply chain. The additions to the team are part of a larger senior management reorganization, which includes Pierre Agnes, president of Quiksilver Europe, assuming the additional role as global head of apparel, and the company recruiting for a chief marketing officer position.

NEW YORK — RevTrax, an enterprise promotion platform, has launched PromoVault, a promotions tool that enables marketers to securely execute e-commerce digital coupon campaigns across any channel or device. PromoVault addresses common challenges faced by retailers: the inability to generate and validate unique codes, and the subsequent rise of pirated offers.

Washington, D.C. -- According to published reports, President Obama will nominate Walmart Foundation president Sylvia Mathews Burwell as director of the Office of Management and Budget.

SAN FRANCISCO — Gap is honoring the 70th birthday of Jimi Hendrix with the launch of two limited-edition t-shirt designs. The t-shirts feature art from the iconic musician's new album, People, Hell and Angels, which introduces previously unreleased studio recordings from 1969, the year Gap was founded in San Francisco.

THOROFARE, N.J. — Checkpoint Systems, a provider of shrink protection solutions, has named Marc Giles to its board of directors, effective immediately.

Giles spent most of his career with industrial technology companies beginning in sales and marketing before expanding into management positions of increasing responsibility and global reach. In 2000, he was recruited by Gerber Scientific, Inc. to serve as president of its Gerber Technology division.

BOSTON — Braintree has been named as a finalist for a 2013 Innovator Award in the category of Most Disruptive by PYMNTS.com.