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Corporate Governance

  • Mexican convenience store empowers associates with information

    The key to delivering top-notch customer service — and responding to changes in the shopping experience — is to give associates visibility into information.   

  • Specialty footwear giant to shutter hundreds of stores amid Chapter 11 filing

    Payless ShoeSource filed for Chapter 11 bankruptcy protection amid growing competition from off-price retailers and online.

    The retailer, which has some  4,400 locations in more than 30 countries, plans to immediately close nearly 400 stores in the United States and Puerto Rico as it attempts to boost its balance sheet and restructure its debt load.

  • Washington Spotlight: Is Ivanka a Retail Partner or Issue Adversary?

    The  retail community has had a curious relationship with the Ivanka Trump brand over the last year or two. Some prominent brands proudly display her clothing, shoe and accessories lines. Others carry it, but really don’t highlight it too much, and some have decided  to drop it all together.   

  • Blockbuster restaurant deal

    Panera Bread has been acquired by a European firm with a growing U.S. presence.     The fast-casual bakery/café brand has agreed to be acquired by JAB Holding Company, the investment arm of the Reimanns of Germany, for $7.5 billion, including the assumption of about $340 million in debt.    JAB’s U.S. holdings include Krispy Kreme Caribou Coffee, Einstein Noah Restaurant Group Inc., Peet's Coffee & Tea, and Keurig Green Mountain.   

  • Study: Retailers need to get in shape to meet demand for fast fashion

      The hottest fashion trend today is speed—and retailers need to be in the fast lane to remain competitive.   That’s according to new research from Kurt  Salmon, part of Accenture Strategy, which finds that  speed and agility are the top priorities for every retailer competing in fast fashion.    

  • Hudson’s Bay Co. eyes reinvention amid steep Q4 loss, dismal year

    Hudson’s Bay Co. mirrored the challenges confronting the department store industry as it swung to a loss in its fourth quarter  and said it would cut costs and capital spending.   

  • Rochester outlet center adds Macy’s building

    A mall-to-outlet center conversion underway in Rochester, New York, took a big step forward this week with the acquisition of a Macy’s building on the property.  

  • Pet supplies giant acquires digital start-up

    Petco has acquired a digital pet services company and, in so doing, got itself an experienced tech entrepreneur to drive its digital initiatives.    Petco has purchased PetCoach, a pet advice web site and app that helps pet owners take better care of their pets, connecting them with veterinarians for personalized answers to their questions. Terms of the deal were not disclosed.     
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