News

ORRVILLE, Ohio  -- The J. M. Smucker Company announced several executive appointments. Effective Aug. 16, Richard K. Smucker will become the sole CEO of the company.  Timothy P. Smucker will continue to serve the company as chairman of the board.

The board of directors also approved the following additional executive appointments and realignment of responsibilities effective May 1:

Washington, D.C. -- Total spending on St. Patrick’s Day festivities is expected to hit $4.14 billion this, according to NRF’s 2011 St. Patrick’s Day Consumer Intentions and Actions survey, conducted by BIGresearch. The survey found that 52.4% of Americans will celebrate the Irish holiday, up from 45.2% last year and the most in the survey’s eight year history.

Tempe, Ariz. -- Incentives Advisors, which specializes in turning human resources departments into profit centers by identifying, administering and securing hiring-related government incentives, added Chipotle Mexican Grill to its customer roster. The company will deploy Incentives+ tax credit screening solution to make it easy to screen job candidates for over 100 federal, state, and local hiring credits.

YONKERS, N.Y. -- In another positive sign for the economy,  the March Consumer Reports Index reveals its most positive results in two years.

According to Consumer Reports National Research Center, which conducts the survey, the Consumer Sentiment Index has broken into positive territory at 50.3, which is up from 48.7 a month ago. This is the first time sentiment has been in positive territory since it was first measured in October 2008.

Pittsburgh -- Dick's Sporting Goods said Tuesday its net income increased 30% in the fourth quarter on improving revenue.

The sporting goods retailer reported net income of $87.5 million in the quarter ended Jan. 29, from $67.4 million last year.

ABC Supply Co. has announced the promotion of Tom Whitcomb to Customer Financial Services director for its Midwest region, based in Fitchburg, Wis.

In his new role, Whitcomb will direct all credit and collection activities for the region, which includes branches in Illinois, Indiana, Iowa, Michigan, Minnesota, Missouri, Nebraska, Ohio, South Dakota and Wisconsin.

TORONTO -- Best Buy is partnering with Points International, which operates loyalty reward program management platform, www.points.com, to enable Reward Zone members the ability to exchange points between their Best Buy Reward Zone and their other participating loyalty program accounts as well as trade with other users via the Points.com loyalty marketplace.

New York City -- Best Buy is studying a variety of devices for its in-store employees to use, including the Galaxy Tab from Samsung, the original iPad and Motorola Mobility’s Xoom, The Wall Street Journal reported.

“While we plan in the future to supply each store a limited number of handheld devices to use as sales tools when assisting the consumer, we have not many any final decision at this time,” a Best Buy representative said, according to the report.