OPERATIONS

Cabela’s puts succession plan in motion

BY Katherine Boccaccio

Sidney, Neb. — Cabela’s Inc. said Monday that its co-founder and chairman Richard N. Cabela has transitioned to the role of chairman emeritus, effective June 5, as part of the company’s succession plan.

Dick’s brother, James W. Cabela, co-founder and currently vice chairman, will become chairman following the June 5 annual meeting of shareholders.

“We are … pleased our long-term succession plans once again worked,” Tommy Millner, CEO, said. “This has been a key focus over the past four years for our management team and board of directors at every level of leadership within the organization.”

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M.Dai says:
Apr-23-2013 11:03 am

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M.Dai says:
Apr-23-2013 11:03 am

The stories of first attempts are really interesting with lots of fun and enthusiasm filled in it. This post gives truly quality information. I'm definitely going to look into it. Really very useful tips are provided here.
flanges

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FINANCE

Former Office Depot COO charged with insider trading

BY Katherine Boccaccio

New York — A Monday report by Forbes said that former Office Depot COO Mark Begelman has been charged with profiting off confidential information.

The SEC leveed insider trading charges against Begelman for allegedly using confidential information for his own gain, concerning the upcoming acquisition of Bluegreen Corp. by BFC Financial Corp.

According to the report, Begelman learned of the acquisition through his membership in the World Presidents’ Organization, a group of current or former executives at major companies. He then is reported to have parlayed the information into over $15,000 in illicit trading gains when the acquisition was announced.

Begelman had agreed to settle the charges, without admitting any wrongdoing, by disgorging the gains and paying a civil penalty in the amount of his gains.

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OPERATIONS

Survey: Mobile moms browse, buy on own schedule

BY Katherine Boccaccio

Dallas — Survey results released Monday by Alliance Data Retail Services found that many mothers are tapping into their mobile phones’ capabilities to help with their hectic lives, whether via text, tag or talk.

The Alliance Data Mobile Moms Retail Survey, which measured the attitudes and opinions of female store-branded credit card holders about their mobile devices, found that moms are quick to use their mobile phones to shop versus driving to the store to make purchases. In fact, 29% said the No. 1 reason they use their phones to shop is because it’s quick and easy.

The survey also found that more than half of mothers who own a mobile device use them at least once a week as part of their shopping experience in some capacity.

“Moms are learning how to flex their spending power through tools such as mobile applications, and are using the phones’ powerful search and filtering capabilities to make informed purchasing decisions,” said Melody Gintert, senior manager, market intelligence for Alliance Data Retail Services. “Mobile commerce is an important tool for everyone, but especially for moms, as it provides yet another way to help them multi-task their way through the day as they continue to make buying decisions for the household while juggling the rest of their to-do lists.”

Almost all – 96% – of moms surveyed said they like receiving SMS/text messages and emails from their favorite retailers. Receiving information about special offers, sales and new merchandise keeps moms engaged and encourages them to visit those retailers, whether in-person or virtually.

And 44% are self-professed showroomers, using their phones to actively shop and compare products online, especially at electronics stores and big-box retailers.

Moms are also using their smart phones’ capabilities to make the shopping process easier. Using their phone’s camera, for example, they can snap a photo and post it, tag it or send it to a friend, their spouse, or their kids for a quick opinion before purchasing the item – often while chatting with them from the store. Then if they’re not ready to buy, they’ll save the image to remember the item for later.

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M.Dai says:
Apr-23-2013 11:13 am

really interesting
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M.Dai says:
Apr-23-2013 11:13 am

My brother recommended I might like this blog. He was totally right. This post truly made my day. You can't imagine just how much time I had spent for this information! Thanks Flange

M.Dai says:
Apr-23-2013 11:04 am

I stumbled over here coming from a different web aԁdress and thought I might check things out. I like what I see so now i am following you.13cAT07 Look forward to exploring your web page yet agaіn.Take a look at my websitе .
ANSI Flange

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Consumer confidence is high. Is that reflected in your stores’ revenues?

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