News

PLEASANTON, Calif. — Safeway announced Thursday that the president of its Chicago-area Dominick’s Finer Foods division, Don Keprta, has resigned.

“Don has contributed significantly to the Dominick’s stores. His commitment and innovation helped the stores evolve to best serve the Chicagoland customers. We are fortunate that he has produced a team that is prepared to continue to build on our current momentum,” said chairman, president and CEO Steve Burd.

Pleasanton, Calif.— Safeway Inc. announced that the president of its Chicago-area Dominick’s Finer Foods division, Don Keprta, has resigned. Brian Baer, Dominick’s CFO and VP of finance, will assume the role of acting president of Dominick’s.

New York — Francesca's Holdings Corp. will price its initial public offering of 10 million shares between $14 and $16 a share, the Houston Business Journal reported. 

The women’s specialty apparel retailer will trade on the Nasdaq Stock Exchange, under the ticker symbol FRAN, the report said.

In March 2011, private equity firm CCMP Capital acquired a controlling interest in Francesca’s, which operates 160 stores. 

GRAND RAPIDS, Mich. — In an effort to spread awareness about the abundance of food products made in Michigan, and to help stimulate the state's economy, Michigan-based Spartan Stores announced that it has kicked off its expanded "Michigan's Best" campaign in its 97 D&W Fresh Market, Family Fare, Glen's Markets, and VG's, as well as 250 independent grocery stores. According to the company, more than 3,000 Michigan-made products will carry the eye-catching Michigan's Best label to help consumers quickly identify Michigan made products.

New York  — Parago, the nation’s largest rebate provider, has announced the launch of GoRebate Mobile, the first mobile shopping applications for iPhone and Android focused on rebates that allow marketers to deliver rebates directly into the hands of value-seeking consumers.  

Washington, D.C. — A report released Thursday by the National Retail Federation, which expanded on earlier news by the U.S. Commerce Department, showed that warm weather, reduced gas prices and strong Father’s Day promotions helped power retail sales for the 12th consecutive month and past Wall Street expectations.

According to the NRF, retail industry sales (which exclude automobiles, gas stations, and restaurants) in June increased 0.3% seasonally adjusted from May and 5.5% unadjusted year-over-year.

COMMERCE, Calif. — 99 Cents Only Stores reported total sales of $368.3 million for the first quarter of fiscal 2012 ended July 2.  This represents an increase of 6.3% over total sales of $346.5 million for the same quarter last year.  

St. Louis — Build-A-Bear Workshop Inc. president John Haugh said Thursday that he will resign as the company’s president, as reported by the St. Louis Business Journal.

Haugh’s resignation is effective July 22, according to an SEC filing. His successor hasn’t been named, but current duties will be filled in the interim by Chief Financial and Operations Officer Tina Klocke, Chief Entertainment Officer Teresa Kroll and Chief Executive Maxine Clark.

Haugh has been at the helm since 2009.