News

Paula Price joins Dollar General board

BY CSA STAFF

Former Ahold and CVS executive Paula Price is the newest member of the Dollar General board of directors.

She joins the board of the 11,500 store retailer at a pivotal time. Dollar General is in the midst of a search for a top executive to succeed Rick Dreiling who has indicated he will step down next year and two of the company’s arch rivals, Dollar Tree and Family Dollar, have announced plans to merge.

Price became a senior lecturer at Harvard Business School last month, but prior to that she was CFO at Ahold USA from May 2009 until January 2014. Prior to that, she served as SVP, controller and chief accounting officer at CVS Caremark from 2006 until 2008. Earlier in her career, Price served as the CFO of the Institutional Trust Services division of JPMorgan Chase and held several other senior management positions in the U.S. and the U.K. in the financial services and consumer packaged goods industries. Price currently serves as a director of Accenture and Western Digital Corporation and previously served as a director of Charming Shoppes.

“We are delighted to welcome Paula to the Dollar General board of directors,” Dreiling said. “Her broad financial experience, including as chief financial officer of Ahold USA and as a board member for several public companies, brings valuable insights to our company as we continue to grow our business.”

Price earned an MBA from the University of Chicago and a BS degree from DePaul University.

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OPERATIONS

Belk announces executive promotions

BY Katherine Boccaccio

Charlotte, N.C. — Southern department store chain Belk has promoted Jan Clevenger from chair of the company’s Western Division in Birmingham, Alabama, to the position of executive VP and general merchandise manager over Men’s, Home and Kids.

David Luoma has been promoted to succeed Clevenger in the Western Division chair position.

Clevenger launched her retail career with Macy’s in store management, and joined Belk in 2000. Luoma joined Belk in 2011 as senior VP and director of stores for the Belk Southern Division based in Atlanta. Prior to Belk, Luoma was a senior VP and director of stores for Macy’s and May Department Stores.

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SUPPLY CHAIN

Manhattan Associates acquires POS vendor GlobalBay

BY Katherine Boccaccio

Atlanta – Supply chain commerce solutions provider Manhattan Associates Inc. has acquired the assets of POS and clienteling applications provider GlobalBay Technologies from VeriFone. The acquisition extends Manhattan’s omnichannel inventory and order management solutions by enabling in-store sales and clienteling capabilities.

VeriFone’s GlobalBay Merchant solution, targeted to small retailers, will be retained by VeriFone and rebranded in the coming months. Financial terms of the transaction will not be disclosed.

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