Diversity & Inclusion

Leaders from the toy and baby products industries came together with celebrities in New York City to celebrate the 2015 Toys“R”Us Children’s Fund Gala and raise an astounding $4.6 million for kids.

Emmy and Tony Award-winning comedian Martin Short hosted the event, which also featured a performance by four-time Grammy winner Lenny Kravitz.

Baltimore -- CVS Health officially announced it will rebuild its CVS/pharmacy Baltimore stores that sustained heavy fire damage during protests last week. The stores that will be rebuilt are located at 2509 Pennsylvania Avenue and 2560 West Franklin Street.
 

Seattle -- Nordstrom may well be the first public company to have three presidents as co-presidents. The department store retailer on Tuesday announced that Blake Nordstrom, Pete Nordstrom and Erik Nordstrom have been named co-presidents of Nordstrom.

The new titles are, to a large extent, symbolic. The three executives will retain their current roles and responsibilities and will continue to serve on the Nordstrom board. There will be no change to their annual compensation.

Nordstrom may well be the first public company to have three presidents as co-presidents.

Kohl’s is showing its customers that it cares about the recent earthquake in Nepal by making a large donation through its Kohl's Cares program.

The retailer is awarding a $50,000 cash grant toward earthquake relief efforts in Nepal. Kohl’s is providing this donation to the American Red Cross, which is delivering much-needed emergency supplies and services in the impacted areas.

Sam’s Club is celebrating National Small Business Week in a very big way.

The retailer is launching the Small Business Economic Mobility initiative (SBEM), a five-year investment in small business growth through increased access to capital and borrower education, with grants totaling $13.6 million to eight national nonprofits.

Greenboro, N.C. – The Fresh Market Inc. has elected Michael D. Casey, CEO and a director of Carter’s Inc., and Robert K. Shearer, formerly CFO of V.F. Corp, and currently a director of Church & Dwight Co. Inc., as independent directors. With these additions, The Fresh Market’s board has nine directors, eight of whom are independent directors.

Secaucus, N.J. – Three days after an activist investor group filed a presentation with the Securities and Exchange Commission (SEC) urging the election of new board members and claiming poor performance, The Children's Place Inc. has its own investor presentation with the SEC.

The presentation endorses the re-election of three board candidates at the May 22 annual meeting: Norman Matthews (chairman of the board), Kenneth Reiss (chair of the audit committee) and Stanley W. Reynolds (member of the audit committee).