OPERATIONS

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BY CSA STAFF

Dothan, Ala. Movie Gallery Inc. said its chief merchandising officer has resigned, a month after the movie-rental company emerged from bankruptcy, according to the Birmingham Business Journal.

Bo Loyd resigned his post as executive VP and chief merchandising officer.

Sherif Mityas, Movie Gallery’s COO and president of retail operations, will assume Loyd’s responsibilities, the report said.

The company did not disclose how long Loyd had been with the company. Mityas joined the company earlier this month, the report said.

In May, the company emerged from Chapter 11 bankruptcy protection and announced a new CEO, C.J. “Gabe” Gabriel.

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Court rules in retailers’ favor in gift card suit

BY CSA STAFF

WASHINGTON According to a Reuters report, a court ruled in favor of Best Buy, Circuit City and other retailers over a lawsuit involving gift cards.

The U.S. District Court for the Western District of Texas ruled that the retailers had not infringed on Realsource’s patent for its method of putting value on gift cards. The U.S. Court of Appeals for the Federal Circuit agreed.

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Dollar General names new board members

BY CSA STAFF

CHESAPEAKE, Va. Dollar Tree’s shareholders have re-elected Macon Brock, Jr., Mary Anne Citrino, Richard Lesser, and Thomas Whiddon, to serve on the board of directors.

In addition, the shareholders elected Arnold Barron, Carl Zeithaml, and Lemuel Lewis, who had been previously appointed by the board, to serve on the board of directors.

 

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