Englewood, Colo. – Michael Foss has been named CEO of The Sports Authority Inc. He replaced outgoing CEO Darrell Webb, who is retiring both as the company’s chief executive and chairman of the board....
Englewood, Colo. -- The Western Union Co. and Dollar General Corp. said that they have executed an agreement to begin offering two Western Union general-purpose reloadable prepaid cards at Dollar General’s more than 10,000 stores in 40 states. Dollar General is now offering the Western Union MoneyWise and co-branded Western Union Telemundo cards. “Prepaid cards are growing in popularity as a useful money-management tool, and we’re happy to offer them in our stores as an added convenience for our customers,” said Todd Vasos, Dollar General’s executive VP, division president and chief merchandising officer.
New Mexico Business Weekly by , Reporter Related: Commercial Real Estate, Retailing & Restaurants Sports Authority has signed a lease for 40,000 square feet in an anchor location formerly occupied by Mervyn’s at Santa Fe Place. Reporter- New Mexico Business Weekly Sports Authority has signed a lease for 40,000 square feet in an anchor location formerly occupied by Mervyn’s at Santa Fe Place. The store is scheduled to open next spring in New Mexico’s capital city. Texas-based Trademark Property Co. acquired the 571,238-square-foot Santa Fe Place on Cerrillos Road two years ago and has said the leasing of the
Englewood, Colo. -- Liberty Interactive, parent company of QVC, reported revenue growth for the fourth quarter and full year thanks to favorable results at QVC and its e-commerce division. Liberty Interactive's revenue increased 7% to $3.1 billion in the fourth quarter, and 8% to $9.6 billion for the year. "QVC finished the year strong with impressive Q4 results, particularly in the United States and Japan, despite a challenging macroeconomic environment," stated Greg Maffei, Liberty Interactive president and CEO. QVC's consolidated revenue increased 5% in the fourth quarter to $2.6 billion, and 6% to $8.3 billion for the year. QVC's
With today's consumers more likely than ever to be involved with some aspect of environmental, health and humanitarian issues, cause marketing has become a win-win for retailers. Getting behind a worthy cause (e.g., donating to relief efforts after Japan's tsunami, supporting cancer awareness or raising money for animal shelters) can help retailers raise a substantial amount of money for charity while at the same time improve their own brand reputation and, ultimately, grow sales
Sports Authority said it will open six new stores on Aug. 13. The new stores will open in five states, and include the major markets of Miami, Los Angeles, Salt Lake City, Chicago and Milwaukee.