Supermarket Veteran Joins Rite Aid
Camp Hill, Pa. Rite Aid Corp. announced Thursday that it has appointed Ken Martindale, a retail veteran with more than 35 years of diverse marketing, merchandising and operations experience, as senior executive VP of merchandising, marketing and logistics. His appointment is effective immediately.
In this position, Martindale, 48, is responsible for category management, merchandising, marketing, supply chain and inventory management for Rite Aid.
Martindale most recently served as co-president, chief merchandising and marketing officer for Pathmark Stores, a $4.0 billion regional supermarket chain with a strong pharmacy business. He served there until December 2007 when the company was sold to the Great Atlantic & Pacific Tea Co.
Mattel wins injunction battle against MGA over Bratz licensing
NEW YORK Last night, U.S. District Judge Stephen Larson granted Mattel’s request for an injunction to stop MGA Entertainment from selling certain Bratz products.
“We believe the jury verdict was clear in denying 99% of Mattel’s copyright infringement claim and that issuing such a broad injunction is inconsistent with the limited jury verdict and the law,” said Isaac Larian, ceo of MGA. Larian added that “MGA intends to immediately appeal the injunction Mattel was granted.”
While the order does provide that it will be stayed until February 2009 while the Court considers additional legal briefing on post-trial issues, MGA will request that the stay be extended pending resolution of MGA’s appeal. “We will seek to stay enforcement of this Order until our appeal is resolved so we can maintain the over 1500 people that MGA employs, and continue to give our consumers a product they desire,” Larian stated.
Food, consumables drive BJ’s Nov. comps growth
NATICK, Mass. BJ’S reported that sales for the month of November 2008 increased by 5.2% to $783.2 million from $744.4 million for November 2007. Excluding gasoline sales, merchandise comparable club sales increased by 6.2% versus guidance of 2% to 3%. According to the company, the increase versus guidance was due primarily to stronger sales of food and consumables, particularly during week four.
November sales increased in all regions with the highest increase in Metro New York and the lowest increase in the Southeast region. Comparable-club sales increases were highest in week four and lowest in week three, reflecting a calendar shift in the timing of Thanksgiving.
Departments with the strongest sales increases versus last year included bakery, breakfast foods, computer equipment, dairy, deli, frozen, health & beauty aids, household chemicals, meat, oils, paper products, pet foods, prepared foods, produce, snacks, soda and trash bags. Weaker departments versus last year included apparel, cigarettes, electronics, jewelry, prerecorded video, seasonal, televisions, tires and toys.