Intelligrated hires VP of sales and strategy
Cincinnati — Automated material handling solutions provider Intelligrated has hired Chris Lingamfelter as VP, integrated system sales and strategy.
With more than 20 years of experience in the supply chain software and material handling industries, Lingamfelter will work closely with the executive team to oversee integrated system sales and prioritize new technology and capability investments. Before joining Intelligrated, Lingamfelter held product and sales management roles for multinational supply chain and logistics firms. He will report directly to Jim McCarthy, president and COO, Intelligrated.
“We’re pleased to welcome Chris to Intelligrated,” said McCarthy. “He’ll play a key role in delivering the right solutions to our customers as they shift from traditional, labor-intensive distribution processes to more sophisticated, highly automated systems.”
Digby upgrades location marketing platform
Austin, Texas — Digby has launched several new upgrades to Localpoint, its platform that facilitates consumer engagement in and around brick-and-mortar locations. Localpoint now offers enhanced targeting based on opted-in consumer profile data, the ability to measure a campaign’s success at driving foot traffic to retail stores and extended integration APIs that allow brands to leverage a consumer’s presence across the enterprise.
Specific new capabilities include Profiles, which links the context and relevance of a location-sensitive message to key attributes of the person behind the device; Target Locations, which provides a view of the impact campaigns have on a customer’s path to purchase; Bridge, which allows Localpoint to be integrated with other key systems such as marketing automation, offer management, CRM, POS, loyalty programs or e-commerce; and an upgraded marketing console.
“We designed this broad set of next generation Localpoint capabilities with one goal in mind: to drastically improve location-based marketing’s relevancy and efficacy,” said David Sikora, founder and CEO, Digby. “With Localpoint, marketers are positioned to connect the dots between systems and strategies to deliver personal, omni-channel shopper engagement from the nearby neighborhood all the way to the purchase decision in-store."
Law firm investigates Barnes & Noble
New York — Shareholder rights law firm Robbins Arroyo LLP is investigating whether certain officers and directors of Barnes & Noble, Inc. breached their fiduciary duties to shareholders.
On July 29, 2013, Barnes & Noble issued a press release announcing that it would be restating previously issued financial statements for fiscal years 2011 and 2012 due to errors related to the overstated accruals, and that those statements should not be relied upon. Then, on December 6, 2013, Barnes and Noble disclosed that as a result of the restatement and allegations that the company improperly allocated expenses between certain businesses, the Securities and Exchange Commission had launched an investigation into the previous announced restatement. Following disclosure of the investigation on December 6, 2013, Barnes & Noble shares fell 12% to close at $14.43.
In light of this news, Robbins Arroyo is investigating whether Barnes and Noble’s financial reporting for fiscal years 2011 and 2012 may have been false and misleading because the company’s internal accounting controls were deficient and its financial reporting and inventory management systems were deficient.