Trading Partners

Epicor Software Corporation and True Value Co., announced the continuation of an agreement naming Epicor as True Value's recommended Epicor(R) Eagle(R) point-of-sale (POS) solution provider.

This 3-year agreement provides more of True Value's retailers the opportunity to benefit from Epicor solutions, according to the companies.

Bentonville, Ark. -- Wal-Mart Stores announced on Monday that the retired chairman of accounting and consulting firm KPMG International has joined its board of directors, effective immediately.

Timothy Flynn, 55, will serve as a member of the retailer's audit committee and becomes the 17th member of Wal-Mart's board.

Walmart is used to encountering opposition to its new stores, just not in its own backyard.

However, that is what’s been happening in the sprawling master planned community of Bella Vista, Ark., where residents, some of them anyway, are up in arms over a planned Walmart Neighborhood Market. They say the location of the proposed stores is a poor choice and the 24-hour store with four gas pumps will bring additional traffic to an already busy road.

An “exclusive” report from Reuters this week suggests U.S. authorities are poised to put the retail industry under the microscope as a result of Walmart’s bribery scandal in Mexico.

PITTSBURGH — GNC recently extended its relationship with Sam's Club, the company announced in conjunction with its second-quarter results.

Beginning in third quarter 2012, GNC's presence in all Sam's Club locations will incorporate established shelf space with branded signage, adding to the existing rotational assortment program.

Eugene Fife is the newest member of the Office Depot board.

The office products retailer added Fife to the board after James Rubin stepped down. Rubin was required to give up his seat because of a stipulation in an investor rights agreement Office Depot struck with BC Partners in 2009 that gave the firm three board seats after it made a sizable investment. The agreement required BC Partners board members to be employed by the firm and because Rubin recently resigned from BC Partners he was no longer allowed to serve on the Office Depot board.

MALIBU, Calif. — Jakks Pacific has acquired Ohio-based Maui Inc., a manufacturer and distributor of spring and summer activity toys, outdoor sports related toys, impulse toys including the popular Wave Hoop and Sky Ball products under the Maui Toys brand.

Jakks Pacific has acquired all of the shares of stock of Maui, a 24-year-old, privately held company, and its Hong Kong based affiliate A.S. Design Limited. The business is comprised of proprietary non-licensed brands.

Los Angeles -- CBRE Group said it has named Cal Frese as CEO of the company’s Americas business. In this role, Frese has responsibility for leading CBRE’s largest business segment, with more than $3 billion of annual revenue and more than 20,000 employees.