Walgreens Boots Alliance announced Friday that Tim Theriault, the company's executive VP and global CIO, will step down for personal reasons, effective June 1.
Abercrombie & Fitch Co. posted a wider-than-expected loss and drop in revenue for its first quarter.
Dollar General Corp. named Todd J. Vasos, COO, to the position of chief executive, effective June 3. He has also been elected to the board.
Brown Shoe Co., which will soon change its name to Caleres, reported a strong first quarter, with net earnings rising 24.8% to $19.3 million amid better-than-expected same-store sales and strong margins.
I’ve been attending the annual CIO Symposium hosted by the MIT Sloan School of Management for several years now, and always walk away with a fresh batch of thoughts from top business, IT and academic minds. Here are three of the most valuable insights I learned at the recent 2015 edition of the conference.
While empty, decaying malls make for inspired photo shoots, most of America’s shopping malls are actually doing well. In fact, according to new data from the International Council of Shopping Centers (ICSC) and the National Council of Real Estate Investment Fiduciaries, shopping center occupancy rates were 92.7% at the end of 2014 – the highest level in six years! Occupancy was even higher for malls (both super-regional and regional malls) at 94.2%, the highest since 1987.