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Diversity & Inclusion

  • Walton family to sell part of Wal-Mart stake

    Bentonville, Ark. – Walton Enterprises LLC, the corporation which holds Wal-Mart stock for the Walton family, plans to sell off some of its ownership stake in the discount giant. In a brief statement on the Wal-Mart investors webpage, Walton Enterprises said its stake in Wal-Mart has risen to about 50% as a result of stock buyback programs.

  • Lowe's outlines 2015 sustainability initiatives

    Lowe's outlined its progress in meeting its sustainability objectives in its 2014 Social Responsibility Report.

  • Children’s Place rejects board nominees

    Secaucus, N.J. - The Children's Place Inc. has rejected three board of directors nominees from shareholders Barington Capital Group L.P. and Macellum Advisors GP LLC. The two investment firms, which collectively own less than 2% of the company’s shares, sent a letter expressing concern about The Children’s Place financial performance and recommending new nominees in March 2015.

  • Joly named chairman at Best Buy

    Best Buy President and Chief Executive Officer Hubert Joly has added the title of Chairman to his responsibilities at the retailer after long time board member Hatim Tyabji and several others decided to step down.

  • Weis Markets chairman is stepping down

    Weis Markets Inc. is losing one of its longest serving executives after the company announced that the chairman of the board is stepping down.

    Robert F. Weis will not stand for re-election to its board of directors at the company's annual meeting of shareholders on April 23, the company said.

    "We are deeply indebted to Robert for his 69 years of leadership and tireless dedication to our company," said Harold G. Graber, Jr., a director and secretary of the company.

  • Walmart wage hikes under way in many states

    Walmart is beginning to raise wages for workers in several states as part of its employee initiative for fiscal 2015.

  • Kroger Co. names new Dillons chief

    A 38-year Kroger employee who started out in the company bagging groceries at a Cincinnati area store has been promoted to president.

  • Kroger taps Marlene Stewart as president of Dillons

    Cincinnati -- The Kroger Co. announced that Marlene Stewart has been promoted to president of the company's Dillons division. She replaces Joe Grieshaber, who was recently named president of Kroger's Columbus division.

    Stewart, 59, currently serves as VP of merchandising at QFC, based in Seattle.

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