Management

Buffett Invests in Dollar General
August 17, 2011

Warren Buffett's Berkshire Hathaway fund invested around $50 million in Dollar General during the quarter that ended June 30, federal filings show. The 1.5 million shares in the Goodlettsville, Tenn.-based discounter is a new holding for the fund, which also has investments in retailers Wal-Mart Stores and Costco.

Classical Music Curbing Loiterers in Ohio
August 16, 2011

A United Dairy Farmers' store in Columbus, Ohio has decided to play classical music as a part of several upgrades, and customers say it's helping cut down on people who loiter around the business.

RadioShack Hires CFO From Ace Hardware
August 16, 2011

RadioShack Corp. has hired the chief financial officer of Ace Hardware. Dorvin Lively, 53, will be RadioShack's CFO as well as chief administrative officer, the company said.

Wal-Mart Shakes Up E-Commerce Leadership
August 16, 2011

Wal-Mart is transferring management of its e-commerce business to store-level leadership in developed countries and said that two online executives are leaving the company.

Amazon Adding Hundreds of Jobs in Pennsylvania
August 15, 2011

Amazon.com said that it's adding hundreds of jobs to a central Pennsylvania distribution center. The company said it would add an unspecified number of full-time jobs at the warehouse in Carlisle. Amazon officials say hourly jobs in packing and shipping will be available, along with management positions.

CVS Taking Heat for Length of Store Receipts
August 15, 2011

CVS has been receiving some negative press and social media commentary over the length of its paper receipts. Take this posting from the Facebook page "One Million Strong Against Unnecessarily Long CVS Receipts" as an example: "My last CVS receipt for $3.34 was 25.5 inches long. And that's too (expletive) long. I don't care that they use my CVS card to track me across the planet, I just want a receipt that isn't 1/3rd my height."

Brown Shoe Adds Senior Leadership Team for American Sporting Goods Division
August 11, 2011

Brown Shoe Company has made four strategic additions to the leadership team within its American Sporting Goods division, appointing James M. Hoff as vice president, sales, across all ASG brands; Alan Vickers as vice president, international; Brad Little as vice president and brand manager, Avia and Nevados; and Jorge Cabrera as vice president, athletic product development.

New CEO Named at Ashley Stewart
August 10, 2011

Ashley Stewart, a manufacturer of plus-size apparel, announced that its board of directors has appointed Celia Clancy as president and CEO. "I am thrilled to have the opportunity to lead Ashley Stewart, with its iconic brand in plus-size fashion and deep heritage in the urban community," said Clancy.

PC Connection Promotes Timothy McGrath to CEO
August 10, 2011

PC Connection announced that Timothy McGrath has been promoted to CEO. McGrath will succeed co-founder Patricia Gallup, who will continue as executive chairman of the board of directors and also serve as chief administrative officer, overseeing corporate governance and administration.