Corporate Governance

Build-A-Bear Workshop logged an increase in same-store sales in the third quarter even as the company enters what is historically its most profitable season.

Same-store sales at the specialty retailer increased 2.1% in the third quarter ended Oct. 3. This was the fifth consecutive quarter it grew same-store sales.

Virginia Beach, Va. -- Wheeler Real Estate Investment Trust announced the sale of three non-core properties, Harps, Jenks Reasor's, and Bixby Commons located in Tulsa and Delaware Counties, Oklahoma, for $28.2 million. The three free-standing properties total approximately 187,705 sq. ft. were sold under separate contracts.

O’Reilly Automotive plans to accelerate its expansion plans in 2016 following record revenue and profit in the third quarter.

The auto parts retailer now plans to open 210 new stores next year. The company is also on track to open 205 new stores by the end of 2015.

Southeastern Grocers on Thursday announced a significant pricing initiative that addresses exactly what customers need: a $40 million investment into permanent lower prices on the products Winn-Dixie customers buy the most.

Customers stated in a recent survey that “affordable prices” was the most important requirement from a grocery store, so Winn-Dixie is introducing a New Regular Pricing Program that will permanently reduce the prices on more than 1,500 grocery items at all 518 Winn-Dixie stores.

Home improvement retailer Ace Hardware Corp. is making its POS preferences known.

Ace is officially endorsing Epicor as the POS provider for its 4,800 locally owned cooperative stores around the globe. Today, more than 3,000 Ace Hardware store locations are leveraging the Epicor Eagle retail business management solution.

Swiss Farms Stores has come a long way since it launched 50 years ago as an outlet for a local dairy to sell excess milk.

Today, the Broomall, Pennsylvania-based convenience retailer operates 13 stores on a drive-through model where customers place orders from their cars in an express lane and have items quickly delivered to them at the window. And it isn’t done growing.

Rite Aid is making some key executive moves even as the company is on the verge of merging with Walgreens in a $17.2 billion deal.

Rite Aid announced that Darren Karst has been promoted to the combined role of senior executive VP and CFO and chief administrative officer, effective immediately. He will continue to report to Rite Aid chairman and CEO John T. Standley.

Francesca's is turning to a merchandising veteran of Kohl's and Macy's to take over as the specialty retailer's new chief merchant.

The company announced it has named Laurie Hummel to the position of executive VP/chief merchandising officer, effective Nov. 30. She will report to Michael W. Barnes, the chairman, president, and CEO. Hummel will lead all merchandising, product development and vendor related supply chain functions.

Sporting goods retailer Gander Mountain has installed a new president to lead the company through its next phase of growth.

The company announced that Derek Siddons, executive VP and COO, will assume the role of president on the retirement of current president Michael J. Owens on Oct. 31.

Lowe’s is giving customers a full 3-D view of their home projects, at home as well as in the store.

Lowe’s Innovation Labs, the retailer’s proprietary technology development center, is updating its Holoroom technology and expanding its availability. Partnering with virtual reality technology provider Oculus VR and Google, Lowe’s has upgraded its Holoroom feature, which lets customers visualize how they could use tools and materials sold at Lowe’s.