OPERATIONS

Sears Hometown names former RadioShack chief to board

BY Katherine Boccaccio

Hoffman Estates, Ill. — Sears Hometown and Outlet Stores said Thursday it has elected James F. Gooch to its board of directors and as chair of the audit committee.

Gooch had served as president and CEO, as well as CFO, of RadioShack Corp.

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S.Gacho says:
Mar-30-2013 01:31 am

Being a director needs a lot of experience. He or she be able to start and know what is the work from the latest position up to the top. - Steven Wyer

S.Gacho says:
Mar-30-2013 01:31 am

Being a director needs a lot of experience. He or she be able to start and know what is the work from the latest position up to the top. - Steven Wyer

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Weis Markets names VP/corporate controller

BY Staff Writer

Sunbury, Pa. — Weis Markets has promoted Paul Stombaugh to VP/corporate controller.

Stombaugh will take on an expanded role in the company’s decision support and its strategic development. He also will continue to oversee its financial accounting and reporting functions, internal controls, treasury and budgets, Weis reported. He will continue to report to Scott Frost, SVP and CFO.

Prior to joining the company in 2010, Stombaugh worked in several progressive management roles at Foot Locker’s financial center.

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S.Gacho says:
Mar-30-2013 01:23 am

Promotions is rampant in the world of business. When you want somebody to be promoted you make it sure that he can do everything to make your business a success. - Rich Von

S.Gacho says:
Mar-30-2013 01:23 am

Promotions is rampant in the world of business. When you want somebody to be promoted you make it sure that he can do everything to make your business a success. - Rich Von

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Harris Poll: Kohl’s, Target and Walgreens among brands of the year

BY Marianne Wilson

New York — Kohl’s, Target, and Walgreens were named “Brand of the Year” in their respective categories in the 2013 Harris Poll EquiTrend survey.

The annual study, conducted by Harris Interactive, reveals the brands that Americans rank highest in brand equity. Surveying more than 38,000 American consumers, it measures the level of quality, familiarity, and purchase consideration for each brand, and then awards "Brand of the Year" status to the top-ranked brand from each category.

Kohl’s was the top finisher in the department store category, followed by Macy’s and J.C. Penney. Target came out on top in the mass merchandiser category, with Walmart in second place.

In drug stores, Walgreens was number one, followed by CVS and Rite Aid.

Here are top finishers in the other retail categories:

Sporting goods stores: Cabela’s (No. 1), REI (No. 2), Dick’s Sporting Goods (No. 3)
Value stores: Dollar Tree, Dollar General
Warehouse stores: Costco, Sam’s Club
Office supply: Staples, Office Depot
Off-price: Marshalls, Ross Stores, TJ Maax
Hardware and home improvement: The Home Depot, Lowe’s

Click here for the full report.

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buangsila001 says:
Mar-29-2013 03:45 am

Corporate branding can result in significant economies of scope since one advertising campaign can be used for several products. - Rich Von

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