News

Roseville, Calif. -- Family Dollar Stores is renewing its software contract with Revionics, which provides end-to-end merchandise optimization solutions, the supplier announced. The multi-year agreement will extend the retailer’s services with Revionics’ price optimization solutions, with Family Dollar leveraging Revionics’ solutions in each of its more than 7,600 stores in 45 states.

Third party logistic provider Kenco was chosen by Haier America to manage the appliance brand’s U.S. distribution.

St. Louis -- Panera Bread Company announced that Roger C. Matthews, Jr., has been appointed Panera's EVP and CFO, effective March 18.

Matthews most recently served as managing director and sector head of the U.S. Restaurant Industry in Goldman Sachs' Investment Banking Division.

Pat Kelly, who has served as Panera's Interim CFO since April 2012, will remain in place until the end of March to ensure a smooth transition.

ENGLEWOOD CLIFFS, N.J. — LG Electronics USA has launched what it claims is the industry's first top-load washer with steam technology certified "asthma and allergy friendly" by the Asthma and Allergy Foundation of America (AAFA). 

In addition, the new high-efficiency top-load washer is designed to deliver superior high-efficiency performance, offering uniquely gentle but deep cleaning capabilities, with the added benefit of odor reduction, the company said. 

CARLISLE, Pa. — Ahold has appointed the former head of one of its European supermarket chains to an executive position in its U.S. division.

Ahold USA said it appointed Jan van Dam as EVP supply chain and e-commerce, in which he will focus on supply chain for the company's four U.S. divisions, Stop & Shop in the New York area and New England, Giant-Landover and Giant-Carlisle. He will also be responsible for the company's e-commerce business with Andrew Parkinson, president and general manager of online grocery company Peapod, reporting to him.

TORONTO — Canadian consumers eager to get their hands on a Target loyalty card can now apply for one. Target Canada announced that pplications for its REDcard products - the Target Debit Card and the Target RBC‡ MasterCard - are now available online at Target.ca/redcard. Guests planning to shop at Target stores in Canada with a REDcard will receive an additional 5% off Target's already low prices, applied instantly at the time of purchase.

ROSEVILLE, Calif. — Revionics a provider of end-to-end merchandise optimization solutions has renewed its software contract with Family Dollar. This renewal agreement will extend Family Dollar’s services with Revionics Price Optimization. Family Dollar will be leveraging Revionics’ solutions in each of its more than 7,600 stores in 45 states.

New York -- Fidelity, the Boston-based investment firm, has bought a 10% stake in C. Wonder, according to Women’s Wear Daily. Founded by Christopher Burch in 2011, the company has since expanded to 10 locations and also operates pop-up stores.

Burch has big plans for C.Wonder, which sells a mix of apparel, accessories and home goods, all under its own label. According to previous reports, he plans to expand it to 50 to 100 stores by the end of 2014, including locations abroad.