99 Cents Only Stores appoints interim CFO
New York — 99 Cents Only Stores named Christopher Laurence as the company’s interim CFO, treasurer and secretary. Laurence replaces Frank Schools, who resigned to pursue other opportunities.
Laurence most recently was CEO of ThreeSixty Group, a product development and sourcing company for consumer product brands and retailers.
BitPay takes Bitcoin to outdoor marketplace
BitPay has entered into a partnership with Hester Street Fair, an outdoor marketplace in New York, which will allow the fair’s vendors to accept bitcoin.
Hosted in New York’s Lower East Side, Hester Street Fair offers everything from handmade jewelry and rare vintage pieces, to wood fired pizza and ice cream sandwiches.
The following vendors will be accepting bitcoin:
- Hudson & Charles: serving a rotating menu of sandwiches
- Melt Bakery: NYC’s first ever ice cream sandwich shop
- An Artistic Taste: comfort food with a twist
- Baron Fig: elegant notebooks for creative types
- Rosette: Lower East Side restaurant
- Café Patoro: Brazilian cheese breads with non-traditional flavors
- Calmer Sutra Tea: chai tea and other blended teas
- Xcubicle: Lower East Side Bitcoin workshops and hacker space
- Rachel Mae’s Farmstand
- Delicate Raymond: costume jewelry
The fair will be followed by a Bitcoin Meetup from 4-6 p.m. at the Xcubicle skillshare space and a Bitcoin Fair after-party from 6-10 p.m. at the Rosette. Partygoers will be able to purchase cocktails and beers with bitcoin.
“We are excited to be working with BitPay to offer our vendors a way to use this cutting-edge technology. Hester Street Fair will be the place where the Bitcoin community can socialize, shop and eat,” said Suhyun Pak, co-founder of Hester Street Fair & NYC Bitcoin Fair.
The fair supports a community of artists, collectors and first-time entrepreneurs that will use Bitcoin to make a new and exciting shopping experience. Through BitPay, the vendors will be able to accept payments with a 1% or lower processing fee, a fraction of the fees required by other commonly used payment processors such as Square, according to the company.
“We are so pleased with our new partnership with Hester Street Fair. It is another milestone for Bitcoin. We are seeing it used in more brick and mortar outlets which is amazing to witness,” said Tony Gallippi, executive chairman of BitPay.
Loblaw on track for record-breaking food drive campaign
To date Loblaw has donated more than $1 million and 323,000 pounds of food across Canada during the Extra Helping Food Drive, and is more than halfway to achieving its 2014 goal of $1.8 million and 1.8 million pounds of food.
Newfoundlanders have helped to replenish food bank supplies in the province with $27,721 and 26,940 pounds of food donated by customers and colleagues at Dominion, SaveEasy and nofrills stores across Newfoundland and Labrador during the Extra Helping Spring Food Drive of 2014.
"Newfoundland food banks feed an estimated 26,412 people each month — more than 9770 of them are children," said Egbert Walters, manager, Community Food Sharing Association. "Loblaw’s food drive helps keep the shelves of food banks across the province stocked with healthy choices all year long."
In 2009, the company rebranded its efforts under the Extra Helping Food Drive, a bi-annual, national campaign to reduce hunger. Since then Loblaw stores have raised more than $8.5 million and more than 8.1 million pounds of food. In addition, through annual corporate donations, Loblaw Companies has contributed $1.37 million to date to Food Banks Canada in support of their National Food Sharing Program.
"Year after year our customers contribute food items or add a few dollars to their grocery bill to ensure that people in their community have enough to eat," says Peggy Hornell, senior director, community investment, Loblaw Companies Limited. "It’s because of this generosity that we can set the ambitious goal of raising $1.8 million and 1.8 million pounds of food, and know that it’s within reach. Our spring food drive gets us more than half of the way to our annual goal, and gives us great hope for our holiday drive."
Loblaw’s Extra Helping Holiday Food Drive kicks off in December 2014 at Dominion, SaveEasy and nofrills stores in communities across Newfoundland and Labrador .