Corporate Governance

Philadelphia -- Metro Commercial Real Estate has been named the exclusive listing agent for 1300 Fairmount, located in Philadelphia, steps from the Fairmount Station of SEPTA’s Broad Street Line and bus system.

The mixed-use project by RAL Development Services, LLC and Amalgamated Bank’s Longview Ultra Fund, will consist of 486 apartments and structured parking above approximately 84,000 sq. ft. of retail space geared towards national and regional retailers.

Amazon.com Inc. is suing more than 1,000 people for writing fake product reviews on its website. Defendants are misleading Amazon’s customers and tarnishing Amazon’s brand for their own profit and the profit of a handful of dishonest sellers and manufacturers,” according to a complaint filed Friday in a Seattle court. (USA Today)

Rite Aid on Tuesday celebrates the grand re-opening of its store at 300 Martin Luther King Jr. Boulevard in Baltimore Tuesday. The store has been operating out of a temporary trailer after sustaining significant damage during the protests that rocked the city last spring.

Joining Rite Aid executive VP Bryan Everett at the ribbon-cutting ceremony will be U.S. Rep. Elijah Cummings and Baltimore Mayor Stephanie Rawlings-Blake.

Ikea and Best Buy are among the top retailers supporting a U.S.-sponsored pledge to act on combating climate change.

President Barack Obama met with a group of business leaders Monday at the White House to announce the signatories of the American Business Act on Climate Pledge.

"The perception is that this is an environmental issue, it's for tree-huggers, and that hard-headed business people either don't care about it or see it as a conflict with their bottom lines," Obama said.

Amid a slew of news from Target headquarters on Monday, the retailer also announced that, as part of the White House’s climate pledge, it would be working toward eight new sustainability commitments.

An Austin, Tex.-based hardware store has the big boxes taking notice.

Who else has a Container zStore founder, an exclusive deal with Tesla, and fans who like its earth-friendly mission to be the Whole Foods of the DIY set.

Read more about TreeHouse by clicking here.

Keeping track of Amazon's constantly expanding network of facilities is tough, but one count puts the retailer at having 173 supply chain centers across the globe.

According to a new report from ChannelAdvisor, the online giant has 104 North American facilities and 69 facilities outside North America. The total number includes fulfillment centers (FCs,), sortation centers (SCs), redistribution fulfillment centers (RFCs) and "Prime Now" hubs (PNs).

Wegmans has confirmed the next location of the family-owned supermarket chain's 87th store.

The retailer plans to build a store in Lancaster, Pa. The store is expected to be up to 120,000 sq. ft. in size and similar in design to Wegmans’ newest stores.

Target on Monday officially opened the application process for its new startup accelerator program, created in partnership with Techstars and led by Target EIR (entrepreneur-in-residence) West Stringfellow. The retailer posted a Q&A with Stringfellow, who forged Target’s partnership with Techstars, on its Bullseye blog.

Here are highlights:

An Amazon.com executive is publicly disputing an August 2015New York Timesarticle that painted an unflattering picture of the retailer’s corporate culture.