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Corporate Governance

  • American Apparel board rejects Charney-supported takeover bid

    Has founder and ousted CEO Dov Charney made his last stand at American Apparel?

    The board of American Apparel Inc. rejected a $300-million takeover bid from Hagan Capital Group and Silver Creek Capital Partners — the investors aligned with Charney — according to the Los Angeles Times.

  • Gordon Brothers hires director of real estate

    Boston -- Gordon Brothers Group announced the appointment of John Dattilo as director, real estate of the commercial & industrial division, to the Chicago office. Dattilo will oversee the analysis, acquisition and sale of industrial real estate assets.

  • Pei Wei expands presence in Florida

    Winter Garden, Fla. -- The Sembler Company has completed construction on the final outparcel at the 1.15 million sq. ft. Winter Garden Village located in Winter Garden, Florida.

    Pei Wei Asian Diner and Mattress One will occupy the new 7,200-sq. ft. building, marking complete build-out of the development originally started in 2006.

  • The Vitamin Shoppe to open 10 new locations

    Plymouth Meeting, Pa. -- Metro Commercial Real Estate announced it has negotiated 10 new store openings for The Vitamin Shoppe in Pennsylvania and New Jersey.

    The Vitamin Shoppe, is a leading multichannel specialty retailer and contract manufacturer of nutritional products with 700+ stores throughout the U.S., Puerto Rico and Canada.

    The Vitamin Shoppe Pennsylvania locations: Chadds Ford, Fairless Hills, Feasterville, Lancaster, Paoli, Philadelphia, Dickson City/Scranton and Wilkes-Barre.

  • Ikea touts kid’s education accomplishments

    In pursuit of its altruistic mission of creating a better everyday life for people, Ikea’s efforts go beyond selling opening price point home goods in cavernous stores.

    This year's Ikea Foundation Soft Toys for Education campaign, which ran from Nov. 1 through Dec. 26, raised over $1.4 million in the U.S. alone through soft toys, Ikea Family children's books and card games sales.

  • Lucky Brand strives for omnichannel fortune

    Vertical specialty denim retailer Lucky Brand is bringing together disparate parts of its business onto one platform.

    Lucky Brand has implemented NetSuite OneWorld to run a variety of omnichannel business processes across its consumer- and business-facing operations. These include inventory management, procure-to-pay, fixed assets, and multi-currency and multi-tax compliance management.

  • Build-A-Bear Workshop gets the goods with planning upgrade

    Build-A-Bear Workshop Inc. offers a highly customized product across multiple channels, which can make planning tricky.

    Add in that the 400-store global retailer has an aggressive strategy for further international growth, and ensuring the accuracy and timeliness of its omnichannel merchandise planning becomes what could be called a “bearish” task.

  • Toys ‘R’ Us raises more than $5.8M for tots

    Toys“R”Us says its annual nationwide fundraising campaign to benefit the Marine Toys for Tots Foundation raised more than $5.8 million and collected over 200,000 toys.

    During the 2015 campaign, customers helped bring holiday joy to some of the 15.5 million kids in need across the U.S. by donating new, unwrapped toys at Toys“R”Us and Babies“R”Us stores nationwide and through monetary contributions made in stores and online at Toysrus.com/ToysforTots.

  • Amazon in first move to take on FedEx, UPS?

    Amazon is on track to acquire the 75% of the French package-delivery company Colis Privé that it doesn’t already own during the first quartet, according to the Seattle Times. Some analysts believe it’s only the beginning of a move by the Internet giant to eventually launch a package-delivery service that will one day compete with UPS, FedEx and others. [Seattle Times]

  • Review: State of the Union address

    On Tuesday, President Obama delivered his seventh and final State of the Union address to the Congress. Unlike the previous six, this was not a long list of policy agenda items he would like to see the Congress address in the coming year. It was, instead, a broader conversation regarding the state of American democracy.

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