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Corporate Governance

  • Report: Walgreens sets deadline for approval of Rite Aid deal

    The latest move by Walgreens Boots Alliance in its pursuit of the Rite Aid may be a bet that a Trump-appointed FTC chief will finally push the deal through.  

  • Starbucks to open a mobile-order-and-pay-only store

    Starbucks Corp. is making some changes to its Seattle headquarters that include a couple of format debuts.   The coffee giant is set to open its first-ever location that only accepts mobile orders and payments on the eight floor of the building, reported the Puget Sound Business Journal.  

  • Jet.com shuts down 'cash-back' rewards program

    The Jet Anywhere rewards program is preparing for its final descent.   As of May 1, Jet.com is pulling the plug on a program that rewards consumers for shopping on its retail portal. As shoppers enter the Jet Anywhere e-commerce portal, they can click through and shop at more than 600 retail partners, including Foot Locker, Land’s End, Saks Fifth Avenue, Lord & Taylor and Bloomingdales, among others.   

  • Analysis: Can Abercrombie course correct with key strategic changes?

  • Furniture retailer terminates referral program with appliance partner

    Rent-A-Center is taking another step toward repositioning the company for profitability.   The furniture retailer’s Acceptance Now division is terminating its referral agreement with Conn’s Appliances. These accounts consistently underperformed compared to the rest of its ANow portfolio in terms of delinquencies, losses and product returns.   

  • Publix to grow its GreenWise store banner

    Publix Super Markets is revving up for growth in the organic and natural foods store space.    Publix announced plans to reignite its GreenWise store concept. The grocer launched the format in 2007, and currently operates three stores under the banner. It has not opened a new GreenWise location since 2008.   

  • Fashion retailer expanding into new markets

    South Moon Under is on the move. The on-trend fashion retailer, which carries a variety of contemporary brands, will open its first stores in the South in April, with locations at Ponce City Market, Atlanta, and Avalon, Alpharetta, Georgia. In the fall, the company will open a store at Shops Around Lenox, Atlanta.

  • New York town calls on big data to find retailers for $4 billion project

    Officials in New Rochelle, New York, want the right kind of retail partners for an aggressive redevelopment of its downtown, and it’s counting on big data to ferret them out.

    The town has engaged Fort Worth-based Buxton to employ its Scout real estate analytics platform to identify restaurants and stores that will best synch with the dining and shopping habits of its residents.

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