OPERATIONS

Jones Group appoints COO

BY Staff Writer

New York — The Jones Group Inc. announced the promotion of Cynthia DiPietrantonio to COO, effective immediately.

In this expanded role, DiPietrantonio will oversee production in The Jones Group’s overseas facilities, including its production offices in China and Hong Kong, in addition to her current responsibilities overseeing the day-to-day operations of the company. DiPietrantonio, the senior-most operations executive, has been with The Jones Group in several capacities over the past 30 years.

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FINANCE

Virtual Piggy’s digital distribution channel adds Barnes & Noble, Sephora

BY Staff Writer

Hermosa Beach, Calif. — Virtual Piggy announced that it has expanded its digital distribution channel with the addition of Barnes & Noble and Sephora to its online store.

Virtual Piggy allows parents to set up a monthly allowance for their children and promotes financial management while empowering U21s to make purchasing, saving and other money management decisions for themselves, within the boundaries setup by their parents.

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OPERATIONS

Newsweek ranks 15 greenest retailers in America

BY Marianne Wilson

New York — Office Depot has been recognized in Newsweek magazine’s annual Green Rankings as the number one greenest large retailer in the United States for the third consecutive year. Across all industry sectors, Office Depot was ranked as America’s ninth greenest large company.

Here is Newsweek’s ranking of the 15 greenest U.S. retailers:

  1. Office Depot
  2. Staples
  3. Best Buy
  4. The Home Depot
  5. Wal-Mart Stores
  6. Kohl’s
  7. Target
  8. J.C. Penney
  9. Sears Holdings
  10. Whole Foods Market
  11. Lowe/s Cos.
  12. Kroger Co.
  13. Costco Wholesale
  14. Safeway
  15. Supervalu

To produce the 2012 Green Rankings, Newsweek collaborated with two leading environmental research providers, Trucost and Sustainalytics, to assess each company’s environmental footprint, management of that footprint, and transparency. The Green Rankings focus on the largest publicly traded companies in America and worldwide. Each list consists of the largest 500 companies by revenue (most recent fiscal year), market capitalization, and number of employees, as of April 30, 2012. A number of the largest U.S.–based companies appear on both lists.

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