Finance & Capital Management

National Retail Federation said sales jumped 7.4% last month, following steady monthly dips in sales the previous months.

The retailer’s fourth-quarter and full-year 2020 earnings showed big digital growth and solid comparable-store sales, even as it swung to a loss for the full year. 

Jason Buhrow will serve as chief data officer, in charge of the retailer’s data strategy and visualization.

The rice producer is making a big investment in its Memphis, Tenn., production facility.

It’s the first report from the retailer and touches on its work outside the store from managing COVID-19 safety to investing and feeding the community to sustainability initiatives.

The club store reported a same-store sales increase of 11.3% for March; net sales jumped nearly 16% for 31 weeks ended April 4.

Lee Delaney died Thursday, the company said. In the wake of his passing, chief administrative and financial officer Bob Eddy will serve as interim CEO.

Kevin Jackson becomes chief commercial officer and Sean Lewis has been promoted to chief customer officer.