Jeff Gordman steps down as CEO of Gordmans Stores
Omaha, Neb. — Gordmans Stores announced that its president and CEO, Jeff Gordman, has given his resignation to the board. The retailer said that Gorman is retiring to spend more time with his family and pursue outside interests.
T. Scott King, the current chairman of Gordmans’ board, will serve as interim CEO while a search is conducted for a permanent successor to Gordman. King will take an unpaid leave of absence from his position as senior managing director at Sun Capital Partners while he serves in the interim position.
Gordman, whose great grandfather founded the predecessor company nearly 100 years ago, joined the company in 1990 and has been president and CEO since 1996. He is credited with a complete repositioning the business, overhauling the merchandising, marketing and stores strategy, developing a store prototype growth vehicle and changing the store trade name from Half Price Store to Gordmans. In 2008, Gordman sold the company to Sun Capital Partners, one of the largest private equity firms in the country.
"I am very proud of our fantastic team and what we have accomplished over the past several years," said Gordman. "I am leaving a company that is very well positioned to capitalize on innumerable growth opportunities going forward. It has been a true honor to lead such a talented management team and so many highly engaged associates who are passionate about delighting our guests."
Google Glass in partnership with Luxottixa
New York — Italian eyewear maker Luxottica Group SpA has entered into an agreement to design, develop and distribute glasses based on Google’s Internet-connected Glass eyewear.
Luxottica said that its two major brands, Ray-Ban and Oakley, would be part of the deal. No financial terms were discussed.
"We believe that a strategic partnership with a leading player like Google is the ideal platform for developing a new way forward in our industry and answering the evolving needs of consumers on a global scale," stated Luxottica CEO Andrea Guerra.
In addition to Ray-Ban and Oakley, Luxottica has an array of other brands, including Vogue-Eyewear, Persol, Oliver Peoples, and Alain Mikli. It also operates the LensCrafters and Sunglass Hut chains.
Wawa to roll out Kalibrate Technologies’ fuel pricing solution
Florham Park, N.J. — Kalibrate Technologies (formerly KSS Fuels) announced that convenience-store operator Wawa has purchased the Kalibrate PriceNet fuel pricing system and will implement a roll-out across the chain’s entire network of 382 fuel sites.
Wawa will utilize the full capabilities of PriceNet, which includes 24/7 automation of pricing, full integration to the sites, robust analytics to determine optimal pump prices and mobile functionality on smartphones and tablets.
“Kalibrate has demonstrated that PriceNet and their experienced people can bring value to our pricing process and decision making,” said Brian Schaller, VP of fuel at Wawa. “Kalibrate will help us meet our strategic and tactical initiatives to improve performance. The system will help Wawa provide even greater value to our customers by enabling faster responses to changing market conditions. We look forward to a successful partnership together.”