OPERATIONS

La Madeleine exec becomes CiCi’s president

BY CSA STAFF

Coppell, Texas CiCi Enterprises LP said late Monday that its president, Craig Moore, will retire after 17 years with the parent of the CiCi’s pizza chain, according to a report in the Dallas News.

Moore will be replaced by Michael R. Shumsky, CEO of Dallas-based La Madeleine, a chain of French-inspired bakery cafes.

Since 1992, CiCi’s has grown from 30 restaurants in one state to 650 restaurants in 32 states. During the same period, it has gone from 17 franchisees to 270.

Moore, who joined the company in 1992 as a restaurant manager and was named president in 2003, will remain a significant owner in CiCi’s, according to the report. He is expected to stay until the transition is complete, the company said.

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GameStop names new CFO

BY CSA STAFF

GRAPEVINE, Texas GameStop announced that Catherine Smith has joined the company as EVP and CFO. The company announced also that David Carlson, GameStop’s founding EVP and CFO, who will retire effective March 1, 2010.

Most recently Smith served as EVP and CFO of Dallas-based Centex Corp. Smith has also served as CFO of Kennametal, a global supplier of tooling, engineering components and advanced materials; Bell Systems, a business segment of Textron; and the Intelligence and Information Systems Business of Raytheon Company.

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Designs on drug business yield sales

BY CSA STAFF

A bunch of new designers are set to hit Target stores this fall with new lines from Anna Sheffield, Jay Hersh, Anna Sui and Carlo Falchi infusing the shopping experience with excitement. But an even more meaningful impact on the business is likely to come from what EVP merchandising Kathy Tesija is calling, “an unprecedented integrated marketing campaign to drive even greater awareness for our pharmacy services and convert more Target guests into Target pharmacy guests.”

Much of the awareness is expected to result from the retailer’s first ever television ads for pharmacy, but there will also be extensive online advertising and an online component that features pharmacists answering common questions.

“These efforts will help contributed to store wide sales growth as loyal pharmacy guest are some of our best guest in terms of frequency and basket size,” Tesija said.

Target has already benefitted from an emphasis on pharmacy and the retail contends it is gaining market share from other channels and seeing big increases in prescription volume as a result of it $4 and $10 generic drug programs.

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