OPERATIONS

Report: New Honey Dew Donuts store won’t serve donuts

BY Dan Berthiaume

Plainville, Mass. – Honey Dew Donuts plans to open a new store inside a YMCA in Quincy, Mass. In an interesting twist, the store reportedly won’t actually serve the retailer’s titular product.

According to the Quincy Patriot-Ledger, because of the YMCA’s focus on physical fitness, the store, actually leased first-floor counter space, will not sell any doughnuts. Instead, it will sell coffee, low-fat muffins, salads, sandwiches, yogurt, fruit cups and smoothies. The YMCA will have final approval of all products sold at the location. Honey Dew plans to open the store in late winter or early spring 2014.

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Report: Indian prime minister candidate speaks in favor of big retail

BY Dan Berthiaume

New Delhi, India – Narendra Modi, candidate of opposition party Bharatiya Janata Party (BJP) for Indian prime minister, reportedly has made statements in favor of global online retailing and India’s small retailers learning to compete with large retailers. According to Reuters, at a meeting of the Confederation of All India Traders, Modi said small local retailers should improve the quality of their goods to a level closer to that of large global competitors, and also consider entering contracts with large online retailers to create virtual trade.

Modi, whose party still officially opposes investments by large foreign supermarket chains in India, also said the Indian government should not restrict online trade and also said he supports a nationwide goods and services tax (GST), which is seen as a way to reduce business costs and create a uniform Indian market. He did not openly speak in favor of foreign supermarkets investing in India, but also declined to repeat previous statements against that type of investment. India is expected to hold prime minister elections in April or May 2014.

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Bed, Bath & Beyond makes executive appointments

BY Staff Writer

New York — Bed Bath & Beyond has appointed Eugene A. Castagna, previously CFO and treasurer, to the role of COO. Susan E. Lattmann, formerly VP of finance, will fill the CFO and treasurer spot.

Castagna has been with the company since 1994 and has served as CFO and Treasurer since 2006. Previously, he served as assistant treasurer from 2002 to 2006 and as VP of finance from 2000 to 2006.

Lattmann has been with the company since August 1996. She has been VP of finance since 2006, and previously served as VP and controller from 2001 to 2006 and as controller from 2000 to 2001. The company also announced the extension of its employment agreements with its co-chairmen Warren Eisenberg and Leonard Feinstein for a period of three years, to Feb. 25, 2017.

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C.Barks says:
Feb-27-2014 11:45 am

It's good to hear that Bed Bath & Beyond has appointed Eugene A. Castagna, previously CFO and treasurer, to the role of COO.get more youtube subscribers

T.Tiwtiw W3W says:
Feb-27-2014 10:28 am

I think they are more on expanding the business. - James Cullem

C.Barks says:
Feb-27-2014 11:45 am

It's good to hear that Bed Bath & Beyond has appointed Eugene A. Castagna, previously CFO and treasurer, to the role of COO.get more youtube subscribers

T.Tiwtiw W3W says:
Feb-27-2014 10:28 am

I think they are more on expanding the business. - James Cullem

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