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Corporate Responsibility

  • Target holiday tour across Canada heralds planned store openings

    Mississauga, Ontario -- Target will sponsor a tour across Canada that will visit more than 20 communities ahead of the planned opening of its stores in the country, the retailer said Tuesday.

    The tour will start in Halifax, Nova Scotia, and conclude in British Columbia in the middle of December. Target plans to open 124 stores in Canada starting in March and April 2013.

  • JCP begins 12 days of brand building

    Abysmal sales at J.C. Penney haven’t deterred the company from pursuing a series of unique cause marketing activities around a potential new holiday tradition focused on giving back.

  • Sheetz wellness center to be first-in-county LEED certified

    Claysburg, Pa. -- C-store chain Sheetz said Tuesday that it will open its new employee health-and-wellness center on Wednesday, marking the first LEED-certified building in Blair County.

    The 11,000-sq.-ft. Sheetz Center for Shwellness is located beside the Sheetz Distribution Center in Claysburg, Pa. In partnership with Marathon-Health, the company will use medical staff to provide individual health and wellness coaching to employees and their eligible dependents.

  • Hedge fund adds former Home Depot, Staples execs to aid Office Depot fight

    New York -- A Tuesday report by the Wall Street Journal said that activist hedge fund Starboard Value has added former Home Depot and Chrysler executive Robert Nardelli and ex-Staples vice chairman Joseph Vassalluzzo as advisors – part of Starboard’s plan to make sweeping changes at Office Depot Inc.

    According to a Monday filing, Nardelli and Vassalluzzo will provide counsel toward improving Office Depot’s operations and strategies.

  • Coca-Cola to expand women's economic empowerment initiative

    ATLANTA — Coca-Cola has seen strong progress toward its goal to place 5 million women entrepreneurs across the Coca-Cola value chain by 2020 and plans to expand its initiative.

    Called the 5by20 initiative, the program launched originally in four pilot countries: Brazil, India, South Africa and the Philippines. Coca-Cola plans to broaden its scope to a total of 12 countries, adding China, Costa Rica, Egypt, Haiti, Kenya, Mexico, Nigeria and Thailand. By the end of 2012, 5by20 will reach 300,000 women.

  • Head of S.E.C. to step down

    New York -- Mary L. Schapiro, the first woman to be permanent chairman of the U.S. Securities and Exchange Commission, announced she will step down on Dec. 14.

    Schapiro was appointed head of the SEC by President Obama in 2008, one month after the Bernie Madoff scandal emerged, and she officially took office in 2009 at the peak of the financial crisis. Many experts say her four years were the toughest stretch any SEC chief has faced.

  • Top retailers earn top rating for LGBT equality policies

    DISTRICT OF COLUMBIA — Office Depot, Apple, Barnes & Noble, eBay, Limited Brands, Nordstrom, Sears, Staples and Target were among a record 252 businesses on the Human Rights Campaign’s 2013 Corporate Equality Index.

    The top retailers earned the top rating of 100% as well as the recognition of being among the “Best Places to Work for LGBT Equality.” A decade ago, in the HRC’s first index, only 13 businesses earned a 100% rating.

  • Chobani founder named Ernst & Young National Entrepreneur of the Year

    NORWICH, N.Y. — Chobani founder Hamdi Ulukaya has won the Ernst & Young National Entrepreneur of the Year 2012 Retail and Consumer Products Award. Ulukaya was also awarded the Ernst & Young National Entrepreneur of the Year 2012 Overall Award.

    The Ernst & Young Entrepreneur of the Year Award encourages entrepreneurial activity and recognizes leaders and visionaries who demonstrate innovation, financial success and personal commitment as they create and build world-class businesses.

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