Corporate Governance

Coach on Tuesday reported its first growth in quarterly profit in three years. The retailer also announced a series of management changes and corporate job reductions resulting in a pre-tax charge of about $65 million to $80 million in the fourth quarter.

Coach said it would cut an unspecified number of corporate jobs, and announced that president and COO Gebhard Rainer and global marketing president David Duplantis would leave the company.

Supervalu on Monday announced that experienced financial executive and corporate board member Mary Winston has been appointed to Supervalu's board of directors effective April 27, 2016.

London stands at the forefront of international retailing as a global retail powerhouse, and as the number one market in the world.

That’s one of the findings of a new study from JLL, which identifies the top 50 major cities worldwide that offer the top growth prospects for retailers’ expansion plans. Hong Kong follows London in the rankings, with Paris, Dubai and New York City rounding out the top five. (A list of the top 25 markets is at the end of article.)

The word “big” is often associated with Walmart, and that adjective also applies to the discount retailer’s IT spending.

According to data from IDC, Walmart Stores Inc. spent more on IT than any other company globally in 2015, to the tune of more than $10.5 billion. No other retailer, not fellow large tech-focused organization Amazon.com, cracked the top 10 list.

Starbucks Corp. has been busy expanding its mobile ordering and payment services, and now needs to ensure the right support personnel are in place.

According to the Puget Sound Business Journal, the retailer plans to add 100 employees of all experience levels and skillsets to its technology team, which currently has about 1,000 workers.

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J.Crew customers on Saturday received a surprise in their email accounts — a letter from the CEO and chairman of the company, Mickey Drexler.

In the note, Drexler recounted how he was recently told by a shopper that the J.Crew she loves "is back.” He then asked customers to come into stores or check out the J. Crew e-commerce site to see what she was talking about, and also requested they email him directly with their thoughts. ([email protected].)

Shopper center operators have a new ally in their efforts to drive traffic called Cowboys Saloon: American Bar & Grill.

Cowboys is a new food and entertainment concept billed as a destination restaurant and country-western venue that is looking to grow rapidly the next few years. Founded six years ago, Cowboys is on a growth trajectory to operate more than 20 locations by 2018, up from the seven locations that will be open by year end.

American Family Association has called on its members to boycott Target Corp. over the chain’s decision to allow transgender employees and customers to use bathrooms that correspond with their gender identity.

The group said it had gathered 172,494 signatures on a boycott petition by mid-morning on Friday.

Inspired by the history of Hollywood, Starbucks has set up shop at Universal Boulevard, a new main street-styled retail destination at Universal Studios Hollywood.

The façade of the 5,000-sq.-ft. store is broken up into multiple buildings, as if it had originally been the site of several small shops. The interior is fashioned as one grand space. A banquette made of reclaimed black walnut wood curves like a siren’s tale, creating seating eddies.

Duluth Holdings just put a key element of its growth strategy in place, choosing cloud commerce solutions provider Demandware to integrate its physical and digital presence.

Going to market under the banner of Duluth Trading Company, the retailer said it selected Demandware to optimize is digital and omnichannel growth strategies.