REAL ESTATE

The Fresh Market VP real estate to step down

BY Staff Writer

New York — The Fresh Market announced the resignation of Randy Kelley as SVP real estate and development. Kelley, who is leaving the grocer, to pursue a new business opportunity, will remain with the company through early spring.

“We are proud of the strong real estate strategy and disciplined processes he has instilled at The Fresh Market, which brought record store openings last year and allows us to enter fiscal 2013 with a full pipeline. The company will be well-served by the structure that Randy put in place, and we wish him the best as he starts his new real estate venture," commented Craig Carlock, president and CEO, The Fresh Market, Greensboro, N.C.

Rob Koch, the company’s senior director of real estate, will oversee real estate activities, and Steve Showalter, the company’s VP construction, will oversee development activities, while the company searches for a replacement.

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S.Gacho says:
Mar-17-2013 10:38 am

Resignation is somewhat you
Resignation is somewhat you might consider as a main issue in the business especially those employees you have for a longer time. They tend to copy whatever they learn from your business. - Carmack Moving and Storage

S.Gacho says:
Mar-17-2013 10:38 am

Resignation is somewhat you might consider as a main issue in the business especially those employees you have for a longer time. They tend to copy whatever they learn from your business. - Carmack Moving and Storage

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FINANCE

Costco profit surges 39%, beating expectations

BY Marianne Wilson

Issaquah, Wash. — Costco Wholesale Corp posted a better-than expected 39% increase in quarterly profit, helped by increasing sales and a rise in membership fees.

Net income was $547 million in the fiscal second quarter ended on Feb. 17, compared with $394 million a year ago.

“Costco continues to outperform its peers in terms of overall sales growth, comparable club gains, and space and SKU productivity,” commented Sandy Skrovan, U.S. research director. “The retailer’s ability to keep members engaged and coming back for more is unparalleled. It has some of the most loyal customers across retailing.”

The company’s net sales for the quarter rose 8% to $24.34 billion. Total same-store sales rose 5%
Membership fee revenue increased 15% to $528 million in the second quarter.

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News

Post-it launches Big Pads

BY CSA STAFF

ST. PAUL, Minn. — The Post-it brand from 3M announces the launch of Post-it Big Pads, the company announced this weekend at the SXSW 2013 trade show.

Post-It Big Pads are available in three sizes and colors, including 11-in.-by-11-in. bright yellow, 15-in.-by-15-in. fuchsia and 22-in.-by-22-in. electric blue. Post-it Big Pads can be used together and with Post-it Notes, Post-it Full Adhesive Notes and Post-it Full Adhesive Rolls to create a customized system for sharing ideas with others. Each Post-it Big Pad includes 30 sheets that stick to smooth, vertical surfaces and have a hard backing for transportability.

"In an increasingly techie world, sometimes the most organic and fundamental way to share ideas with others is to go back to basics," said technology and lifestyle expert Katie Linendoll. "The Post-it Big Pad is a brainstorming tool that enhances innovation and creativity by capturing the many ideas of a group or individual on one collaborative, inspirational canvas."

"The Post-it Brand is all about finding new ways to help people make the most of their days with products that trigger both efficiency and creativity," said Jeff Hillins, director of marketing for Post-it Brand. "The new Post-it Big Pads facilitate better communication and help ideas standout through connectivity with others in a more personal, authentic way.’

Attendees at this year’s SXSW trade show will have the opportunity to learn about and interact with Post-it Big Pads at the Post-it Brand booth. Attendees are invited to "Fill the White Space," and discover how Post-it Big Pads can unleash your creativity by helping to fill the booth with color and ideas. The Post-it Brand booth is open from Sunday, March 10 through Wednesday, March 13 and is located between aisles 700 to 800 near exhibitor services.

Post-it Big Pads are available at office supply stores or online.

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