Corporate Governance

The Kroger Co. is calling out Visa again for its “excessive” transaction fees.

Nordstrom reported better-than-expected fourth profit but missed analysts’ sales estimates amid an “unexpected” slowdown in traffic at its full-priced stores during and after the holidays.

Foot Locker Inc. reported stronger-than-expected fourth quarter earnings and sales and forecast double-digit profit growth in the coming year.

The spin-off of Old Navy is great news for the brand in that it will no longer have its success consistently outweighed by the sluggish performance of the Gap.

Gap Inc. is spinning off fast-growing Old Navy as a standalone company. It also plans to close about 230 namesake stores during the next two years.

J.C. Penney is making several key additions to its management ranks — including a new chief merchant — as Jill Soltau, who took the reins as CEO last fall, continues to build her team.

Target Corp. looks is going preppy with a brand that is a favorite of younger consumers.

7-Eleven is making its first foray into India.

Amazon is launching a new program that puts counterfeit detection in the hands of brands.

Fast-fashion retailer Ardene is ensuring loss does not grow as the business expands.