Strategy

The “paint ‘n’ sip” phenomenon, whereby friends, neighbors, and colleagues come together to paint, drink and relax, is showing up signs of slowing down and that’s good news for a Louisiana-based company.

Painting with a Twist, which bills itself as the original and largest paint-and-sip franchise, has opened more than one new location each week this year, and is on track to reach its goal of 100 new locations in 2015.

Photo by Dominic Savini

For honeygrow founder Justin Rosenberg, the idea was simple: create a business based on his passion for fresh, healthy, wholesome and interesting food.

Fred’s Super Dollar has named John Foley as the company's executive VP store operations, the company announced Wednesday morning. Mike Holligan, who formerly served in this capacity, will move to the open position of regional VP store operations.

The TJX Companies announced that chairman and CEO Carol Meyrowitz will step down, effective January 31, 2016.

She will be succeeded by Ernie Herrman, 54, who will retain his current title as president of the company. Meyrowitz, 61, who has been at the helm of TJX since January 2007, will become executive chairman of the company’s board at the time of the CEO transition.

Lowe's is coming to the aid of the communities it serves with a donation to help provide relief in the wake of massive flooding in the Southeast.

The retailer plans to donate $500,000 to American Red Cross Disaster Relief and work to provide both immediate and long-term support to local communities in the Southeast.

Global management consultancy Kurt Salmon is acquiring digital retail technology agency Mobispoke LLC, the engine behind such technologies as smart fitting rooms, integrated mobile apps and other leading-edge, interactive shopping experience technologies.<br style="box-sizing: border-box; margin: 0px; padding: 0px; max-height: 100000px; color: rgb(54, 54, 54); font-family: open_sansregular, Arial, Helvetica, sans-

For the third consecutive year, Apple and Google came out on top in a ranking of the 100 most valuable brands in the world.

There will be a change at the top of lifestyle apparel retailer Tommy Bahama.

Walmart Canada is looking to make online shopping as convenient as possible by partnering with 7-Eleven Canada Inc. to expand Walmart Canada’s Grab & Go locker network in six 7-Eleven stores in the greater Toronto area.

The service offers customers using Walmart.ca a free shipping option where they can pick up their order, 24 hours a day, seven days a week, at no cost. This partnership expands on Walmart Canada’s current Grab & Go Locker service, which offers free shipping to 45 Grab & Go lockers in the GTA.

A new event for retailers and consumer package goods executives is taking shape called Shoptalk and the successful entrepreneurs behind its creation have big plans and funding to make it happen.