BJ’s Wholesale Club has appointed Christopher Peterson, executive vice president, chief financial officer of Newell Brands, to its board of directors. He will serve as chair of the board’s audit committee.
Jonathan Adler has gained $16 million in working capital from Gordon Brothers and Rosenthal & Rosenthal, Inc., two financing firms. According to Gordon Brothers, the financing is in support of the launch and execution of an exclusive e-commerce brand and product partnership with a major online retailer.
99 Cents Only Stores has appointed Ashok Walia as chief financial officer, where he will be responsible for overseeing finance, accounting, treasury, marketing and information technology functions for the company.
Walmart and Capital One have entered into a new, long-term credit card program agreement.