Safeway names CEO
Pleasanton, Calif. — Safeway announced that Robert Edwards, currently the company’s president, will succeed Steven Burd as CEO when Burd retires as chairman and CEO on May 14. Edwards, 57, will also join the company’s board of directors.
"Since he arrived here in 2004, Robert has successfully met every challenge he has faced," Burd said. "He has demonstrated the ability to lead the company in all facets of its operations, and has earned the respect of the entire organization."
Edwards joined Safeway as executive VP and CFO in 2004. In April 2012, he was named president, with overall responsibility for the company’s retail operations, marketing, merchandising, corporate brands, manufacturing, distribution and finance functions. He continued as CFO until Peter Bocian succeeded him in that role in February 2013.
Prior to joining Safeway, Edwards served as a senior executive at Maxtor Corporation, Imation Corporation and Santa Fe Pacific Corporation.
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Appeals court: J.C. Penny can sell unbranded Martha Stewart line
New York — J.C. Penney Co. can continue to sell a line of Martha Stewart home goods it introduced last week under "JCP Everyday" brand pending the outcome of a trial with Macy’s, a New York appeals court ruled on Tuesday.
The court denied Macy’s request for a preliminary injunction blocking sale of the goods while a court battle continues over rights to the products.
The latest decision upholds an April 12 ruling by the judge in the trial, who refused to expand the block to include the "JCP Everyday" products.
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Sports Authority names RadioShack VP as chief marketing officer
Englewood, Col. — The Sports Authority has appointed Paul M. Okimoto as the company’s new chief marketing officer.
Okimoto previously served as VP of marketing at RadioShack. He also held positions with the Nielsen Company as VP of corporate marketing and AT&T Wireless as head of integrated marketing communications.
In his new role at Sports Authority, Okimoto will be responsible for leading the strategic development and oversight of the company’s overall marketing plans to drive traffic and sales at stores nationwide and through the e-commerce platform.
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