Following two resignations, the company will reduce membership from 12 to 10 directors.
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Retail
Newell Brands CFO appointed as interim CEO
Christopher Peterson's tenure is effective June 28. He replaces Michael Polk, who is retiring.
Read More »Unilever closes Nevada plant, cutting 300 jobs
The facility manufactures ice cream products from Ben and Jerry’s, Breyers, Magnum, Popsicle, Good Humor and Klondike.
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American Dream reveals multi-faceted partnership with Coca-Cola
“Coca-Cola is the American Dream,” said Don Ghermezian, president of the Meadowlands destination. “[W]e are giving Coca-Cola the stage to interact with guests like never before, weaving their products through all facets of our one-of-a-kind community.”
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Destination Maternity to streamline teams; announces reduction in force
The move, which will primarily impact the company's product pipeline teams, is expected to generate cost savings of $4.0 - $4.5 million on an annualized run-rate basis.
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CNN: Toys R Us to resurrect US stores
According to a report from CNN, the rebranded toy purveyor will open at least two physical locations in the U.S. this year.
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Hand & Stone to open 4, and expand 2, NJ locations in the next year
The business, which started in Toms River, has grown from 25 locations to over 425 in 10 years.
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Destination Maternity executive switch-up: Ryan out as CEO, but involved in the search for a new one
Marla Ryan will remain with the company as president of product design, sourcing and merchandising, in addition to serving as the interim chief executive alongside board member Lisa Gavales and CFO and COO Dave Helkey.
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Shareholder sues Ascena, top execs for allegedly misleading investors
After announcing the nearly $1 billion write-down of the company's Ann Inc. acquisition in June 2017, its stock fell 26 percent, according to the suit. In 22 more days, it fell an additional 35 percent.
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Personal training franchise expects NJ territory to be the first state to sell out
GymGuyz opened its 24th location in the state over Memorial Day weekend, and has five additional spots slated to open by the end of 2019.
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Charlotte Russe rises from the ashes, relaunches 2 NJ locations
Following the reintroduction of its online store on June 3, the retailer opened five store locations on Thursday, including two in New Jersey.
Read More »Former Wakefern exec named to lead marketing, merchandising for Rite Aid
Erik Keptner was appointed to the newly created position of senior vice president and chief marketing and merchandising officer, effective June 24, 2019.
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