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CVS Continues Search for Retail President … and More Industry News

For the Week of January 17, 2011

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MANAGEMENT CHANGES

CVS Caremark Corp. (CVS, Woonsocket, R.I.) has appointed its two highest-ranking retail executives, Mike Bloom, executive vp, merchandising and supply chain, and Scott Baker, executive vp, internal operations and real estate, to manage its retail business as the company resumes its search for a new president of the division. Last month, a Delaware judge blocked the company's attempt to hire Hank Mullany as president of the company's retail operations after Walmart Stores Inc. filed a lawsuit that alleged Mullany's non- competition agreement prohibits him from working for CVS.

The Yankee Candle Co. (South Deerfield, Mass.) has named John Fontana as president of the international division and promoted Hope Margala Klein to senior vp, brand design and innovation.

Griplock Systems (Carpinteria, Calif., designer and manufacturer of adjustable cable suspensions systems) has named Stan Pfeifer head of business development and product strategy for the retail display and art/museum markets. Pfeifer’s previous experience includes more than 10 years in sales with Arakawa Hanging Systems.

BUSINESS BRIEFS

Frank Mayer & Associates Inc. (Grafton, WI) announced the launch of the Microsoft Windows Phone kiosk and counter display programs that demonstrate the Windows Phone 7 operating system allowing consumers to use the latest smartphone technology. The units are placed in key international mobile operator retail store locations.

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Electronic ballasts and transformers manufacturer Fulham (Los Angeles) opened a new distribution center in Edison, N.J. The company operates similar distribution centers in southern California and Tampa.

 

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