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  • Report: eBay shareholders vote for power to nominate directors

    San Jose, Calif. – eBay Inc. shareholders have reportedly voted themselves a measure of power to nominate directors on the company’s board. According to the Wall Street Journal, 59% of shares voting at the meeting approved allowing investors who hold at least 3% of eBay’s shares for three years to nominate up to 25% of the company’s directors.

  • Tuesday Morning names president/COO; posts Q3 loss

    Dallas – Tuesday Morning Corp. has promoted Melissa Phillips, who currently serves as executive VP and general merchandise manager, to the newly created position of president and COO. In this role, Phillips will be directly responsible for merchandising, store operations and marketing, and will report directly to CEO Michael Rouleau.

  • Prescriptions, pharmacy benefit management propel CVS Health in Q1

    Woonsocket, R.I. - CVS Health showed vitality in the first quarter of fiscal 2015. The retailer beat expectations in areas such as earnings per share (EPS) and pharmacy benefit management (PBM) operating profit.
     

  • The Children’s Place cites value in investor presentation

    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).

  • Staples, Office Depot celebrate teachers

    Staples and Office Depot are celebrating National Teacher Appreciation Week with big savings for educators.

  • Tuesday Morning sales up, store count down

    Tuesday Morning Corp. completed its turnaround initiative in the third quarter, closing 21 stores and narrowing its loss to $2.8 million.

    The company also said that Melissa Phillips has been promoted to president and chief operating officer from executive vice president and general merchandise manager.

  • Columbia Sportswear profits from athleisure trend

    Athleisure apparel continues to be a driver of growth for Columbia Sportswear Co., which posted record sales in its first quarter.

  • Fresh Market adds 2 retail vets to board

    The CEO of Carter's Inc. and the former CFO of V.F. Corp. have joined the board of directors at the Fresh Market.

    Michael D. Casey, CEO and a director of Carter’s Inc., and Robert K. Shearer, formerly CFO of V.F. Corp., have been named as independent directors effective May 1. With these additions, the Fresh Market’s Board has nine directors, eight of whom are independent directors.

  • Christopher & Banks looking for 'Amazing Women'

    Specialty retailer Christopher & Banks has come up with an innovative celebration of women to drive traffic this Mother’s Day.

    The retailer will solicit nominations for, and select, Amazing Women to be recognized for their selfless giving and positive impact on the lives of those around them. The first search this year will be launched in celebration of Mother's Day with nominations open through May 10.

  • Sales and earnings on the rise at Publix

    Publix continues to demonstrate that its customers indeed find that shopping there is a pleasure, judging by the grocery chain's first quarter results.

    Publix’s sales for the first quarter of 2015 were $8.3 billion, a 6.8% increase from last year’s $7.8 billion. Same store sales increased 5.3%. Net earnings for the first quarter of 2015 were $548.9 million, compared to $493.7 million in 2014, an increase of 11.2%. Earnings per share for the first quarter increased to $0.71 for 2015, up from $0.63 per share in 2014. T

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