In The Mix
ISSAQUAH, WASH. Costco. After cfo Richard Galanti noted in a conference call that Australia could be one of three countries Costco might enter over the next three years, the country’s media took note, particularly after whisperings that Wal-Mart might be interested in a major purchase down under, with Woolworths and Coles Myer named as targets. —Australia’s abuzz with rumors of
, PLEASANTON, CALIF. Safeway has appointed Steve Neibergall president of its eastern division. Neibergall has worked at Safeway since 1989 and most recently was senior vp of produce and floral. He replaces Hank Cominiello, who recently was promoted to group vp for retail initiatives.
, BELLEVUE, WASH. Cost-U-Less May same-store sales rose 3.7% on total sales growth of 4.6% to $17.2 million. In the eight weeks ended May 27, comps gained 3.7% on a total sales gain of 3.6%.
, CINCINNATI Kroger announced it had reached a new contract with the UFCW in Detroit. Details of the tentative deal were withheld pending ratification. The agreement affects 9,900 associates at 101 stores in the Detroit metro area.
Hooker names upholstery head
MARTINSVILLE, Va. Hooker Furniture has appointed Alan Cole to the new position of evp of upholstery, in which he will oversee the operations of Hooker Furniture subsidiaries Bradington-Young and Sam Moore Furniture.
In addition to overseeing the operations of Sam Moore and Bradington-Young, Cole will help develop further growth plans for Hooker’s imported accent chair product line. He also will be involved in strategic planning for HFC and will oversee any future acquisitions of upholstered furniture operations.
Cole, who has held senior executive positions at leading upholstered furniture companies including Broyhill, Berkline and Schnadig, “has the expertise in upholstery that uniquely qualifies him to help us realize one of our strategic objectives, which is to become a more important and complete upholstered furniture resource,” said Paul Toms Jr., chairman, ceo and president of Hooker Furniture.
Best Buy selects new ad agency
MINNEAPOLIS Best Buy announced Thursday that it has chosen BBDO New York as its advertising agency for the Best Buy brand. The selection of BBDO follows a multi-month-long review for the Best Buy brand account, which was previously handled internally.
“We believe this partnership with BBDO New York will enable us to support the company’s aggressive growth goals and to build and enhance our capabilities,” said Ruby Anik, Best Buy’s senior vp of marketing communications. “We are excited to leverage BBDO’s creative expertise, brand experience and spirit of collaboration in further differentiating Best Buy as the consumer’s trusted guide to technology solutions.”
BBDO New York’s scope of work will include account planning, ad strategy and execution, and media and consumer connection planning. Estimated billings, as measured by media spending, will be $170 to $200 million. The firm will begin work immediately on internally-focused projects supporting Best Buy’s brand position.
In addition, Best Buy will expand its relationship with Crispin, Porter + Bogusky beyond Geek Squad to partner on business development and in-store activation opportunities for the Best Buy brand.