News

McCormick adds Lilly exec to board

BY CSA STAFF

Global flavorings leader McCormick & Company named Eli Lilly & Company executive Jacques Tapiero to its board.

Tapiero has served as SVP and president of emerging markets for Lilly since 2009 and brings more than 25 years of international business experience to the $3.5 billion spice company. Tapiero currently leads Lilly’s business strategy in many of the world’s fastest-growing markets, such as China, Russia, Brazil, Mexico, South Korea and Turkey. He is a member of Lilly’s executive committee.

Previously, Tapiero served as president of the intercontinental region for Lilly, which comprised offices in Asia, Australia, African and Middle East countries, Canada, Latin America and Russia. Prior to this role, Mr. Tapiero has served as president and general manager for both Lilly France and Lilly Brazil, as well as managing director of Lilly Sweden. He has held several sales and finance positions in Indianapolis, France, Sweden and Switzerland since joining Lilly in 1983.

"We are extremely pleased to have Mr. Tapiero join our board. His broad business experience and extensive global background will bring our board meaningful insight and expertise as we continue the global growth of our business," said Alan D. Wilson, chairman, president and CEO of McCormick.

Tapiero was born in Morocco and is a Swiss citizen. He obtained MBA degrees from the Ecole Superieure de Commerce at Clermond Ferrand in France and from the American Graduate School of International Management, Glendale, Arizona.

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News

NFL player popularity revealed at Dick’s

BY CSA STAFF

The nation’s leading sporting goods retailer has introduced a ranking system that shows football fans how sales of their favorite player’s jersey stacks up against the competition.

It is a clever strategy and feeds into NFL fans fantasy league obsession for statistics and provides Dick’s a lever to heighten shopper engagement and drive sales of big ticket, high margin apparel items that typically retail for upwards of $100.

Dubbed, "The Jersey Report," the ranking system is said to be dynamic in that is updated daily throughout the football season to show how sales of players jersey’s are rising and falling.

"As the premier destination for authentic NFL jerseys and licensed apparel, Dick’s Sporting Goods remains committed to delivering unique ways to enhance the fan experience," said Lauren Hobart, Dick’s chief marketing officer. "The Jersey Report is a dynamic, interactive tool that gives fans access to new information on the players and the game they love."

The Jersey Report showcases player rankings across a variety of categories, including overall best-selling jerseys, top-performing offensive and defensive player jerseys as well as the top rookies. The report also tracks what Dick’s is calling, "Heatseekers," those players whose jerseys show the greatest increase in ranking week to week. A number of conditions can lead to a change in the weekly rankings, and the Heatseeker will give fans a unique perspective on which player jerseys have the most momentum.

The retailer is working with Arizona Cardinals star Larry Fitzgerald to serve as a primary ambassador for the report and indicated he will be one of many NFL players who will attempt to mobilize their fan-bases to ascend the Jersey Report.

"The Dick’s Sporting Goods Jersey Report introduces a fun new competition for fans to follow and influence this season," Fitzgerald said. "I couldn’t be more excited to partner with Dick’s to debut this first-of-its-kind experience, and I’m eager to rally Cardinals fans to help our players’ jerseys climb the rankings!"

Dick’s operates nearly 500 full line sporting goods stores throughout the U.S.

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FINANCE

ICSC: Holiday chain store sales to rise 3%

BY Katherine Boccaccio

New York — A holiday preview report released Tuesday by the International Council of Shopping Centers said that sales are forecasted to rise 3% during the traditional November-December 2012 holiday period.

Additionally, ICSC said it anticipates that the other two measures of U.S. industry holiday sales – shopping-center sales and GAFO-store sales – will increase slightly as well.

However, the group cautioned that this year’s season comes with a bit more uncertainty than usual because of the increased crosscurrents—a softening in the economy, improving housing prices and markets, rising gasoline prices, a presidential election and the looming $500 billion in automatic spending cuts to the federal budget and tax increases slated for January 1, 2013.

“Despite the cautiousness displayed in our forecast for the 2012 holiday season due to the uncertainty about the automatic spending cuts, Congress has a real opportunity to resolve the issue quickly and amicably to assuage consumer fears, which, in turn, could propel this season’s performance far above ICSC’s current expectations,” said Michael P. Niemira, VP research and chief economist for ICSC.

Additionally, he said it appears that, overall, retailers will add over 26,000 seasonal jobs this year, which would be a modest increase over 2011.

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