Hudson’s Bay Names Zellers CEO
Toronto Hudson’s Bay Co. has appointed Mark Foote to serve as CEO of its Zellers discount chain.
Foote most recently served as president and chief merchandising officer at Loblaw Cos. He will join Zellers in mid-August.
“Our focus will be on branded apparel, improved service along with the rollout of our new prototype stores,” he said in a statement. Foote’s appointment comes two weeks after Hudson’s Bay was acquired by U.S.-based NRDC Equity Partners. NRDC, which owns Lord & Taylor, did not disclose the value of the deal.
Spartan Stores 1Q sales up 12.8%
GRAND RAPIDS, Mich. Spartan Stores reported that net sales for the first quarter increased 12.8% to $586.7 million from $520.2 million in last year’s first quarter.
Net earnings for the quarter increased 52.2% to $9.9 million, or 46 cents per diluted share, from $6.5 million, or 30 cents per diluted share, in the same period last year.
Fresh & Easy opens 20th store in Phoenix
PHOENIX Fresh & Easy Neighborhood Market has opened its 20th store in Phoenix, bringing its total number of U.S. stores to 67.
Fresh & Easy also announced four upcoming store openings in the Phoenix area, including the grocer’s first in Tempe, Ariz.