OPERATIONS

RadioShack promotes Amschler to senior VP of franchise

BY Staff Writer

Fort Worth, Texas – RadioShack Corp. has promoted Marty Amschler to senior VP of franchise.

Amschler, who has been with RadioShack since 2009, will continue overseeing dealer franchise operations and also provide senior leadership to the company’s commercial sales division and B2B sales team. He has close to 40 years of retail executive experience and previously held sales and franchise positions at companies including Kinney Shoe Corporation, The Athlete’s Foot and NexCen Brands.

"Since joining RadioShack in 2009, Marty has been instrumental in expanding the RadioShack brand across domestic and international markets, and we’ve seen tremendous growth through the strategic partnerships Marty has forged on behalf of our brand," said Joe Magnacca, RadioShack CEO.

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OPERATIONS

Build-A-Bear Workshop names former Stride Rite exec as new CEO

BY Marianne Wilson

St. Louis — Build-A-Bear Workshop Inc. has appointed Sharon Price John, 49, as CEO, effective immediately. John, who previously served as president of Stride Rite Children’s Group, a division of Wolverine Worldwide, succeeds company founder Maxine Clark, who is retiring as CEO. Clark will remain on the board of directors.

John has more than 20 years of experience with children’s brands, including Hasbro and Mattel as well as Stride Rite. She joins Build-A-Bear Workshop, which has strugged in recent year, at a time when the company’s turnround efforts, which include the rollout of an experiential store design, seem to be bearing fruit.

“I am confident that Sharon has the skills and passion to build upon our strategies that resulted in our strong year-to-date sales performance and position our company for sustained profitable growth,” former CEO Clark stated. “I am thrilled we have attracted a leader with Sharon’s experience and credentials and I look forward to working with her to ensure a smooth transition and to being a member of our board.”

In her statement, Clark noted that in the second quarter, which represents the company’s seasonally smallest quarter of the year and typically results in a loss, same- store sales were strong, putting its year to date comp at positive 10.3% on a consolidated basis through May.

In an article in the St. Louis Post-Dispatch, John said that her new job aligned well with her background in branded toys and children’s retail. She also expressed her respect for Clark, who she called an “amazing iconic businesswoman.”

“Maxine has built a wonderful brand a wonderful business model over the last 15 years,” John said
Clark will assist in a six-week transition period and will be paid $29,166 a month for six months to serve as a consultant, according to the report.

Founded in in 1997, Build-A-Bear Workshop currently operates more than 400 stores worldwide.

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OPERATIONS

United Supermarkets purchases Llano Logistics

BY Staff Writer

Lubbock, Texas — United Supermarkets has completed a transaction to acquire Llano Logistics. Llano has operated United’s two distribution centers – in Lubbock and Roanoke – since their opening.

The deal closed May 31 and means Llano, which had been owned by Exel, a subsidiary of Deutsche Post DHL, is now owned by United.

It is the company’s third subsidiary operation in addition to its 52-store supermarket/ convenience store chain. United purchased R.C. Taylor Distributing in 2007 and added Praters Foods in 2009.

“This move provides additional synergy for our organization,” said Chris St. Clair, executive VP for information and logistics, United Supermarkets. “There are significant cost savings and significant operational efficiencies that we gain through this acquisition. Most importantly, we also gain dedicated team members who have been with Llano since the beginning and who have worked to support United exclusively.”

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