OPERATIONS

Sears names former Sony exec as appliance head

BY Staff Writer

Hoffman Estates, Ill. — Sears Holdings Corp. said Thursday that Steve Haber will join the company as senior VP and president, Home Appliances.

Haber was previously executive VP at Sony Electronics, leading the Product to Consumer Marketing and the Home and Digital Reading business divisions.

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RadioShack expands footprint in Southeast Asia

BY CSA STAFF

FORT WORTH, Texas — RadioShack has made an agreement with Malaysian retail group Berjaya Retail Berhad that will expand RadioShack’s global footprint across 10 Southeast Asian countries.

Under the long-term agreement, Berjaya Retail (Cayman) Limited as franchise developer is expected to open at least 1,000 franchise locations across the Association of Southeast Asia Nations within the first 10 years. Its subsidiary in Malaysia, Berjaya RS Sdn. Bhd., expects to open its first RadioShack locations later this year in Kuala Lumpur.

The Berjaya relationship represents RadioShack’s single largest franchise expansion to date and offers the potential to nearly double the number of RadioShack’s total dealer-franchise locations worldwide, eventually increasing the company’s global footprint to 39 countries.

Berjaya Retail Berhad operates the 7-Eleven and Singer brands that have a combined network of 2,000 stores.

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Last chance to satisfy thirst for higher success

BY CSA STAFF

Former PepsiCo chairman and CEO Steve Reinemund has served on the Wal-Mart Stores Inc. board of directors since 2010, but when he’s in Northwest Arkansas next week it won’t be for a board meeting.

Reinemund will join former beverage rival and Coca-Cola bottling executive Frank Harrison for a unique event called, “Thirsting for Higher Success,” on Thursday, March 29 at the John Q. Hammons Center. To learn more and register for the luncheon event click here.

The executives will sidestep brand loyalty and challenge business leaders as they share secret recipes for personal success and the pivotal role faith played in both their professional and personal lives. Proceeds from the charity luncheon will go to support the non-profit organization, With Open Eyes, that Frank Harrison and his son James co-founded in 2008 to provide support to people in Africa and other struggling countries.

Frank Harrison is a fourth generation leader of what has become the nation’s largest independent Coca-Cola bottler. His roots in the Coca-Cola system date back to 1902 when his great-grandfather started one of the first Coca-Cola bottling operations in the country. Today, with operations in parts of 11 states and annual sales of $1.5B, Harrison is focused on creating a culture of servant leaders whose values and actions honor God.

Steve Reinemund is 23-year veteran of PepsiCo who career at the company culminated with service as chairman and CEO. Under his leadership, PepsiCo’s net income increased by 70%, the annual dividend doubled and the company’s market capitalization surpassed $100 billion. He currently serves as Dean of the Schools of Business at Wake Forest University.

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