Best Buy Names CFO
Minneapolis Best Buy Co. said Monday James Muehlbauer will take on the role of CFO, a job he has held with the company on an interim basis since September last year.
Muehlbauer also was named executive VP, finance. He joined the company in 2002 and formerly worked at Pillsbury Co.
Last fall, Darren Jackson, the company’s previous CFO, moved to the newly created post of executive VP, customer operations group, after seven years as CFO.
Report: Talbots expects loss in ’08
NEW YORK According to reports, Talbots is expected to report a net loss of 7 cents to 17 cents per share for 2008, after discontinued operations, and revenue growth of 3%.
In addition, according to reports the company is expecting a drop in same-store sales in 2008.
Meijer promotes non-invasive plants for Earth Day
GRAND RAPIDS, Mich. Meijer has partnered with The Nature Conservancy and to encourage shoppers to select non-invasive plants, trees and shrubs for their backyards. In order to promote the program, the company is hosting a special Earth Day open house on April 26 at all 181 Meijer stores throughout the Midwest.
“Invasive species can wreak havoc on local ecosystems by disrupting the delicate balance found in nature,” said Helen Taylor, Michigan state director for The Nature Conservancy. “This ongoing partnership between Meijer and The Nature Conservancy will hopefully help to reduce some of the damage done by invasive species by giving consumers the information they need to help their local environment.”
According to Meijer, visitors to the stores on April 26 will be able to learn about environmentally friendly products such as non-invasive plants recommended by The Nature Conservancy. In addition Meijer representatives will provide information on how to make a more earth-friendly garden.