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Corporate Governance

  • Historic Hudson’s Bay store opens event venue

    Hudson’s Bay Co.’s is taking advantage of the views and design of its iconic Calgary building in a new way.   Through a partnership with restaurant group Oliver & Bonacini, the retailer is transforming the entire sixth floor of its 104-year-old building into an event venue. The 18,000-sq.-ft. space, called The Hudson, features meeting rooms on either side of a large common area, and two large event spaces that can accommodate up to 700 people, according to The Calgary Herald.  

  • Boot Barn sales rise in fiscal Q4, still misses Street

    Even with a jump in sales, unanticipated operating expenses and e-commerce snafus took a toll on Boot Barn’s fourth quarter for fiscal 2017.   

  • Sur La Table plots localization and expansion strategy

    High-end kitchenware retailer Sur La Table is on a mission to optimize its individual market and expansion strategies.   “Now, more than ever, being able to localize is the key to success,” said Ben Rosenfeld, senior VP of stores at Sur La Table.  

  • Walmart leverages ‘employees’ for last-mile delivery initiative

  • H&M firms up plans for Arket brand

    As H&M braces for the opening of its first Arket store, it is already putting a plan in motion for its second location.   The fast-fashion chain announced in March that is plans to launch its new brand, Arket, in early fall. Arket, H&M’s first new brand in three years, will feature merchandise men, women and children, and a smaller, curated assortment of home goods.  

  • Walmart CEO: ‘Associates are the secret to our success’

    Walmart is no stranger to innovation. However, when defining the secret to the company’s success, Walmart’s chief executive Doug McMillon said he just has to look within the company’s proverbial four walls.  

  • Five Below hits it out of the park in Q1

    Teens’ demand for slime to fidget spinners helped boost Five Below’s first quarter sales, comps and earnings well above expectations.   For the first quarter ended April 29, the teen value retailer reported a net income of $8.4 million compared to $6.8 million in the first quarter of fiscal 2016. Meanwhile, the chain’s sales increased almost 21% to $232.9 million, from $192.7 million in the first quarter of fiscal 2016.  

  • Office supplies giant sells operations in China

    Office Depot is selling off another international unit.   The office supplies giant announced it will sell its stores in China to Shanghai M&G Colipu Office Supplies Co., Ltd. The public, China-based public company manufactures and sells writing instruments, as well as stationery products for offices and students.   
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