Strategy

Target has debuted six brands that will be available exclusively online.
 

PHILADELPHIA — Five Below has proposed a secondary offering of 7,000,000 shares of its common stock, amid reports that sales are not as bad as originally feared.

NAPERVILLE, Ill. — OfficeMax is joining forces with Go Daddy, a leading Web hosting and domain name provider.

OfficeMax's exclusive bundles of Go Daddy website services will allow businesses to register their domain names, create professional websites and maximize their business visibility on Internet search engines. There are no monthly service fees. One-year service bundles range from simple domain and website authentication to hosting an online store.

FRAMINGHAM, Mass. — Staples has launched the Staples App Center, an online marketplace for cloud-based business applications.

The App Center will allow small businesses to purchase and manage their apps all in one place. The center boasts a selection of business apps, an administrative console and one consolidated bill.

RACINE, Wis. — SC Johnson is marking its 90th anniversary of donating to the local United Way.

For nearly a century, the family-owned company known for brands such as Glade, Pledge and Scrubbing Bubbles has donated more than $50 million in cumulative contributions to the local nonprofit organization.

Walmart U.S. president and CEO Bill Simon isn’t running for elected office, but he sure sounded like a politician earlier this week as he laid out a three-tiered plan the retail industry can implement to restore U.S. economic growth.

By Bruce Jones

The 2012 holiday shopping season featured stores opening earlier on Thanksgiving, extended hours shopping marathons, and, according to the National Retail Federation, an additional 585,000 to 625,000 seasonal retail workers.

The first indication that something big was brewing with Walmart on the domestic sourcing front came last week.

That’s when Walmart announced internally at that SVP of home, Michelle Gloeckler, would assume additional responsibilities for a new U.S. sourcing and manufacturing initiative. Reporting to Gloeckler is Greg Hall who was named vp of U.S. sourcing and manufacturing after previously serving as vp of marketing for Walmart.com.

JACKSON, Miss. — Cal-Maine Foods, the nation’s largest egg producer, has elevated two operations executives. Kevin Lastowski and Chris Myers have both been promoted to VP of operations.

DENVER — Things may not be working out for Tim Tebow as a Jets quarterback, but he’s got something to fall back on. His foundation has entered into a third-year, multifaceted agreement with national furniture retailer Furniture Row Companies.