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Corporate Governance

  • Urban Outfitters goes from skinny jeans to pizza

    In a new expansion of food and retail, Urban Outfitters Inc. is acquiring a Philadelphia-based restaruant chain.

  • Report: Fast-food CEO says company will adjust to wage increases

    The CEO of Popeyes, Cheryl Bachelder, believes it’s time to move past the debate involving minimum wage increases, Fortune reported. “We will adjust to increased costs just like we have before. Life will go on,” Bachelder said. [Fortune]

  • Retail Loss Prevention Resolutions for 2016 and Beyond

    With 2016 upon us, most everyone is thinking about the New Year’s resolutions they have in place for the upcoming year. The perennially popular resolutions range from losing weight to getting out of debt.

    If you look closely, the resolutions could mirror goals that retailers may want to consider in 2016, especially as it relates to loss prevention (LP).

  • Health insurance executive joins Lowe's board

    Lowe's has appointed an executive of the health insurance industry to its board of directors.

    The retailer said that its board of directors has appointed Bertram L. Scott, 65, to the board, effective immediately. The announcement brings Lowe's board of directors to 12 members, 11 of whom are independent.

  • Start-up looks to steer customers to purchases

    Plug and Play brings together retailers and start-ups that offer specific technology and expertise that can relieve merchants’ pain points. Chain Store Age offers a Q&A with the head of one of those start-ups, Wibe Wagemans, president of Palo Alto, California-based IndoorAtlas.

    What does your company do?

  • Target co-founder Bruce Dayton dies

    Bruce Dayton, the father of Minnesota's governor and a key figure, along with his four brothers, in building the massive retailing business that became Target Corp., has died. Dayton, 97 and the last of the brothers to die, also launched the B. Dalton bookstore chain in 1966, the Star Tribune reported. [Star Tribune]

  • Target to debut smaller store format in Manhattan

    Target Corp. is bringing its smaller-sized, urban format to one of lower Manhattan’s trendiest — and wealthiest — neighborhoods.

    The retailer will open an approximately 45,000-sq.-ft. store on Greenwich Street in Tribeca, near Battery Park, a fast-growing and affluent residential area, and the Financial District.

    The two-level store is scheduled to open in October 2016. It is located in a 14-story, 625,000-sq.-ft. mixed-use building, whose landlord is Jack Resnick & Sons.

  • Amazon primes U.K. for grocery delivery

    Amazon.com has been busy expanding its same-day Prime delivery options across the U.S., and now it is hopping the pond.

    Amazon U.K. has launched Amazon Pantry, a nationwide service for Prime members. Amazon Pantry offers more than 4,000 everyday grocery items, including food and drink, household supplies, baby and child care, pet, and health and beauty products.

  • Target, nationwide

    Target Corp. is giving the bargain-priced, impulse section located in the front of its stores a makeover.

    The retailer is transforming the popular department into “Bullseye’s Playground,” and the chain’s iconic mascot, Bullseye, will be located on the top of each display.

  • Inland acquires 13 properties across nine states

    Oak Brook, Ill. -- Inland Real Estate Acquisitions, Inc. announced it facilitated the acquisition of 13 properties purchased in October by Inland related parties. The acquisitions total more than 1.65 million sq. ft. across nine states for a total purchase price of more than $432.2 million. The properties acquired include a student housing community, six shopping centers and single-tenant retail stores.

    The 13 properties consist of:

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