Stater Bros. breaks ground on larger California supermarket
San Bernardino, Calif. — Stater Bros. announced Monday the construction start to its newest and most modern supermarket, slated to open in the Redlands Village Shopping Center — a grocery-anchored center being developed by Upland, Calif.-based Lewis Retail Centers in San Bernardino, Calif.
The 44,000-sq.-ft. store will replace a nearby store that is half that size. The larger format will allow wider aisles, outdoor seating and a variety of departments and amenities, and is slated to open in September.
Dickies launches ‘Shop and Compare’ on Dickies.com
Fort Worth, Texas — Work wear brand Dickies said Monday it has launched an online tool called Shop and Compare, which allows users to compare products side by side.
The new Shop and Compare app gives customers the ability to view up to three different pants or shirts side by side along with a detailed display of the price, fabric, fit, color, and description of each garment.
"We are pleased to launch an innovative work wear tool that allows workers to make product selections that will best meet their personal needs," said Matthew McCartin, head of marketing for Williamson-Dickie Mfg. Co.
Cache names two new directors
NEW YORK — Cache Inc., a specialty chain of women’s apparel stores, announced that Michael Price, managing partner of MFP Partners, L.P., Cache’s largest shareholder, has joined the board of directors. In addition, Charles Hinkaty, formerpresident and CEO of Del Laboratories Inc., has been appointed to the board. In connection with their appointments, Michael Price and Charles Hinkaty have been appointed to the nominating and governance committee and the compensation and plan administration committee of the oard. Charles Hinkaty has also been appointed to the company’s audit committee.
MFP Partners is a family investment partnership established by Michael Price in 1998. MFP Partners uses a disciplined, research-driven process to invest in deeply undervalued stocks, focusing on long-term investing through a value investment approach. Prior to founding MFP Partners, Price was chairman of the board of Franklin Mutual Advisers and Franklin Mutual Series Fund. He had been associated with both entities and their predecessor organizations (Heine Securities Corp and Mutual Shares Fund) since 1975.
Hinkaty, was the president and CEO and a director of Del Laboratories, Inc. from August 2005 through his retirement in January 2008. From 1985 through August 2005 Hinkaty held various management positions at Del Laboratories, including COO. Prior to joining Del Laboratories, Hinkaty served in a variety of executive positions with Bristol Myers Squibb from 1972 until 1984.
Jay Margolis, chairman and CEO commented, “I am pleased to welcome Michael and Charles to our Board of Directors. Michael has a strong track record investing in value retail and knows our Company and business well. We look forward to Michael’s strategic counsel as we transition from turnaround to growth. I am also excited to have Charles join the Board given his strong leadership, strategic and financial experience as a CEO and COO of Del Laboratories.”