Corporate Governance

Chief marketing officers at leading U.S. retailers are forecasting a 4.2% increase in overall holiday store sales, according to the 10th annual BDO USA survey.

This year’s BDO projection is only slightly higher than the National Retail Federation’s expected 3.7% increase to $630.5 billion, slower than the 4.1% increase during last year's November-December period.

Genesco is expanding its reach geographically and generationally with its latest acquisition.

The company has entered into an agreement with the Aldo Group Inc. to acquire the 37-store Little Burgundy retail footwear chain in Canada.

With plans to double in size over the next two years, the fast-casual Newk’s Eatery chain is on the fast-track. And it is testing a new design prototype to help it accomplish its goal.

Dubbed the "Generation Two" design, the new concept represents a fresh, on-trend look for the brand, and is designed to resonate in new markets and elevate the overall guest experience.

Godiva Chocolatier has opened an in-store boutique in Macy’s Herald Square flagship in Manhattan.

Shoppers can create their own bespoke assortment of chocolates in the shop, which is accented with the brand’s signature gold throughout. The boutique features the largest chocolate case in North America. It’s also the first to include a large communal table, complimented by café seating.

Mega deals worth more than $1 billion drove the U.S. retail and consumer sector’s strong third quarter, according to PwC’s U.S. quarterly R&C Deals Insights report.

During the three-month period ending Sept. 30, 36 deals valued over $50 million were announced for the sector, with deal value up 64% in the third quarter, accounting for $46.6 billion, compared to $28.4 billion in the second quarter. Deal volume went up 6% from the second quarter, but down 36% from third quarter 2014.

Office Depot achieved impressive third quarter same-store sales growth and asserted that its merger with Staples could close as early as this year.

The splitting up of the eBay empire continues.

eBay has completed the previously announced sale of its eBay Enterprise division, which helps retailers enhance their online presence and e-commerce capabilities, to a consortium led by private equity firm Permira for $925 million. The consortium of buyers has separated eBay Enterprise into four distinct businesses:

Walmart and Hobby Lobby top the retailer list of the first ever annual Faith Equality Index.

Faith Driven Consumer, a group that represents 41 million Christian consumers, has published an index rating the faith compatibility of major brands both in the consumer and entertainment spheres, as well as serving as a voice for this community.

The top executive over Health and Wellness of Walmart's U.S. division is leaving to join Brookdale Senior Living as its COO.

Labeed Diab will have responsibility for all aspects of Brookdale’s operations, including community and field operations, marketing and sales.

The top executive over Health and Wellness of Walmart's U.S. division is leaving to join Brookdale Senior Living as its COO.

Labeed Diab will have responsibility for all aspects of Brookdale’s operations, including community and field operations, marketing and sales.