Fresh Market adds 2 retail vets to board
The CEO of Carter's Inc. and the former CFO of V.F. Corp. have joined the board of directors at the Fresh Market.
Michael D. Casey, CEO and a director of Carter’s Inc., and Robert K. Shearer, formerly CFO of V.F. Corp., have been named as independent directors effective May 1. With these additions, the Fresh Market’s Board has nine directors, eight of whom are independent directors.
Ray Berry, Chairman of the Board, said: “We are pleased to welcome Mike and Bob, two experienced leaders of high profile consumer growth and branded companies, to our Board of Directors. We believe they will bring valuable perspectives to the Board, and we look forward to leveraging their knowledge and insight as The Fresh Market moves towards the next level of growth and profitability.”
Casey has served as CEO and a director of Carter’s Inc., the largest branded marketer in the United States of apparel exclusively for babies and young children, since 2008, and as chairman of its board of directors since 2009. Casey joined Carter’s in 1993 and has held a variety of senior executive positions during his tenure with the company.
Shearer served as SVP/CFO of V.F. Corporation, a global leader in the design, manufacturing, marketing and distribution of branded lifestyle apparel, footwear and accessories with such brands as The North Face, Vans, Timberland, and Wrangler, from 2005 until his recent retirement. Prior to that, he served in a number of financial roles at the company,.
As of April 30, the Fresh Market operates 168 stores in 27 states across the United States.
CE industry recycled 660M pounds in 2014
The consumer electronics industry has reached a new milestone: It recycled 660 million pounds of used electronics products last year.
The number is the CE industry’s highest ever annual total, and the U.S. is now recycling CE products in record numbers, according to the Fourth Annual Report of the eCycling Leadership Initiative, led by the Consumer Electronics Association.
“Since the first year of the eCycling Leadership Initiative, we’ve continued to see strong gains in the amount of electronics recycled and resources available for consumers to recycle their old devices,” said Gary Shapiro, president and CEO, CEA. “Never before have consumers had this kind of access and awareness to recycling resources. With this Initiative, we want to make it as easy for people to recycle their old electronics as it is to purchase new ones.”
ELI’s annual recycling total increased by more than six percent in 2014, 40 million pounds above the 2013 level (620 million pounds) and more than double the amount recycled before the Initiative’s inception in 2010 (300 million pounds). The report also disclosed the following notable achievements:
• More than 8,500 responsible recycling locations are now available to consumers throughout the continental U.S., Alaska, Hawaii and Puerto Rico
• By the end of 2014, nearly all (99.9 percent) of the recycling facilitated by ELI participants was conducted in third-party certified recycling facilities
• In partnership with Young Minds Inspired, CEA produced and distributed school curriculum programs on eCycling in English and Spanish for fourth, fifth and sixth grade classes. Making consumers aware of the importance and ease of recycling old electronics and the many resources available to help do so is a key aspect of the Initiative.
“According to CEA research, the average U.S. household owns roughly 28 different CE devices,” said Walter Alcorn, vice president of environmental affairs and industry sustainability, CEA. “And thanks to the rapid pace of innovation, our electronics devices are becoming lighter than ever. So even as we see continued increases in the total weight of CE recycled – about six percent more than last year’s total – we are continuing to recycle an even greater percentage of CE than in years past.”
Frank & Oak, Toronto
Frank & Oak, the online membership-based menswear retailer, is also expanding in the physical space, with both permanent locations and pop-ups. The company's Toronto flagship features the brand’s monthly menswear collections and special capsule collections. The spacious, contemporary space reflects the brand’s lifestyle approach to retailing with a café and full-service barbershop.
Customers accustomed to shopping Frank & Oak online will find the same personal approach , with online and mobile experiences integrated in-store (allowing shoppers access to order histories and online style profiles), and complementary appointments with in-house "style advisors."