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Simon Named Walmart U.S. President and CEO

Simon Named Walmart U.S. President and CEO

BENTONVILLE, Ark.–Bill Simon has been promoted to president and chief executive officer of Walmart U.S. Simon, formerly chief operating officer of Walmart U.S., is succeeding Eduardo Castro-Wright, who remains the retailer’s vice chairman and who is transitioning to a new role as president and CEO of Global.com, the global e-commerce unit Walmart launched in January.More »

Spectrum Brands Gains Listing on Russell 3000

Spectrum Brands Gains Listing on Russell 3000

MADISON, Wis.–Spectrum Brands Holdings, parent company of the Remington personal-care brand and recently merged with Russell Hobbs, has been added to the Russell 3000 Index. The index tracks the performance of 3,000 publicly held U.S. companies based on total market capitalization, a group that represents about 98 percent of the investable U.S. equity market, accordingMore »

Perfect Fit Acquired by Anderson Group

Perfect Fit Acquired by Anderson Group

CHARLOTTE, N.C.–Perfect Fit Industries has been purchased by The Anderson Group, a private-equity firm based in Bloomfield Hills, Mich. The purchase price was not disclosed. The acquisition, which an Anderson Group statement described as an “asset sale/purchase,” was accomplished by an entity called Perfect Fit Industries LLC, created by The Anderson Group for the purposeMore »

Hacker Named to Marketing Post at Vitamix

Hacker Named to Marketing Post at Vitamix

CLEVELAND–Vitamix has named Holly Hacker to the newly created position of household marketing manager. Hacker is responsible for centralizing the company’s marketing and branding efforts across its multiple product lines. She reports to Tony Ciepiel, vice president of sales. Before joining Vitamix, Hacker was lead strategist for Brokaw Advertising, in which she provided research, insightMore »

Lexington, Aspenhome on NBC Today

Lexington, Aspenhome on NBC Today

NASHVILLE, Tenn.; MEMPHIS, Tenn.–Furniture companies Lexington Home Brands and Aspenhome joined NBC Today Show’s Al Roker yesterday, donating to the morning host’s Lend a Hand Charity. Lend A Hand’s mission is to assist local charities around the country that work toward improving conditions in their communities. Lexington donated home furnishings to the rebuilding efforts ofMore »

La-Z-Boy Presents First Designer of the Year Award

La-Z-Boy Presents First Designer of the Year Award

ANNAPOLIS, Md.–La-Z-Boy recently named Darcy Suchman, In-home Designer for the La-Z-Boy Furniture Galleries here in Annapolis, the first-ever recipient of its Designer of the Year award. The award was created to recognize the top In-home Designer within the company-owned network of La-Z-Boy Furniture Galleries stores across North America. “La-Z-Boy In-home Designers offer expert interior decoratingMore »

Gift Fair to Highlight “Green” Products in SustainAbility Display

Gift Fair to Highlight “Green” Products in SustainAbility Display

WHITE PLAINS, N.Y.–Nearly 250 eco-friendly products will be featured in the “SustainAbility: design for a better world” exhibit during the upcoming New York International Gift Fair, according to a statement from GLM, the trade show’s owner and manager. The display will encompass products from 133 companies, which were accepted after meeting the criteria for thisMore »