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Blue Square-Israel Announces Resignation of Director

BY CSA STAFF

Rosh Haayin, Israel Blue Square-Israel Ltd. announced that Erez Meltzer resigned from his position as director in Blue Square’s board of directors, effective December 31, 2007. Meltzer served as director since August 2006.

Blue Square-Israel Ltd., a leading retailer in Israel, currently operates 183 supermarkets under various banners.

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Most Competitive Retailers

BY CSA STAFF

Under Armour, Victoria’s Secret and Bed Bath & Beyond came out on top in an annual survey of the nation’s most competitive retailers. Conducted by Capgemini U.S. LLC and W Ratings Corp., the “Most Competitive Retailers Study” measures the ability of companies to simultaneously meet consumer expectations and deliver superior profits. It reviews a company’s performance across nine different sources of competitive advantage. The ratings are combined with the firm’s trailing five-year average economic profit to calculate the competitive ranking. More than 6,000 consumers were interviewed as part of the study.

“The retail environment remains a difficult industry to make money on a consistent basis,” said Gary A. Williams, founder and CEO, W Ratings Corp. “Yet certain companies are finding ways to do just that by incorporating strategies from outside their core industry. For example, Starbucks has been extending their routine reliance—one of the nine sources of competitive advantage—from coffee and food, to wireless access and music. This strategy not only reinforces their brand with consumers as the ‘third place’ besides work and home, but also builds on the successful network effect of Apple’s iTunes.”

The top 20 most competitive retailers, according to the study, were:

UnderArmour

Victoria’s Secret (tie)

Bed Bath & Beyond (tie)

The UPS Store

Ross Stores

Chico’s

CVS (tie)

Gymboree (tie)

DHL (tie)

Carter’s

Niketown

The Home Depot

Banana Republic

Petco

Williams-Sonoma

Lowe’s

Walgreens

Starbucks Coffee Co.

Cabela’s

Target

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Batra to head Victoria’s Secret Beauty

BY CSA STAFF

COLUMBUS, Ohio Shashi Batra, president of N.V. Perricone, will join Limited Brands as president of Victoria’s Secret Beauty on Jan. 22, Limited Brands announced Wednesday.

As president of N.V. Perricone, Batra was responsible for the company’s U.S. and global operations and led its dramatic growth across all channels during his tenure there. Before his role leading Perricone, Batra was one of the original founding members of Sephora USA. His previous leadership and merchandising work in beauty included growing the cosmetics businesses at major brands including Estee Lauder, Saks Fifth Avenue, Macy’s and Christian Dior.

“Victoria’s Secret Beauty has shown incredible promise both domestically and abroad. We are elated to have Shashi lead our team with his vast experience as a merchant in the beauty industry which is complemented by his international business acumen,” said Leslie Wexner, chairman of the board and ceo of Limited Brands.

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