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Corporate Governance

  • New store concept targeting Latinos has big plans

    The two executives behind Curacao, a Los Angeles-based department store chain targeting Hispanics, have left the company to start a new retail brand called Star World.

  • Ross rolls on, next stop 2,000 stores

    Leading off price retailer Ross Dress for Less has made good on its 2015 growth plans and reaffirmed its long-range targets for existing and newer formats.

    On Monday, the company announced the opening of 19 Ross stores and seven dd’s Discounts stores across 14 different states in September and October. The new locations complete the retailer’s 2015 expansion plans to add a total of 90 stores during the year.

  • Staples-Office Depot deal is delayed again

    Staples and Office Depot have agreed to a Federal Trade Commission decision to extend the review period for a possible $6.3 billion merger of the two companies.

    The companies announced Monday that the FTC has agreed to issue its decision regarding this transaction by Dec. 8.

  • Beyond the low-hanging fruit: What’s next for retail energy and sustainability?

    If you were to read an article about leaders in savvy energy and sustainability management programs and initiatives, who do you think that would be? Government? Manufacturing? Actually, it’s the retail industry, which has been a leader in energy efficiency investments since 2008.

  • Restoration Hardware furnished for growth

    Restoration Hardware has opened a new format that redefines the retail experience and has CEO Gary Friedman calling it the company’s finest work to date.

    The retailer says its new brand,  RH Modern, aims to offer one of the most fully-integrated assortments of modern furnishings, lighting and décor under one brand in the world. The multi-channel business  debuts with its own 540-page magazine-catalog hybrid, a dedicated website, and a significant retail presence, including a standalone RH Modern store.

  • Ross rolls on, next stop 2,000

    Leading off price retailer Ross Dress for Less has made good on its 2015 growth plans and reaffirmed its long-range targets for existing and newer formats.

    On Monday, the company announced the opening of 19 Ross stores and seven dd’s Discounts stores across 14 different states in September and October. The new locations complete the retailer’s  2015 expansion plans to add a total of 90 stores during the year.

  • Whole Foods acquires tasty growth possibility

    Whole Foods Market has made a minority investment in a fast-growing California restaurant chain, according to Nation's Restaurant News.

    As part of the deal, Whole Foods plans to test the opening of Mendocino Farms outlets in select market locations, according to the publication.

  • EMV not a panacea for online fraud

    Here is the bottom line: EMV compliance protects against certain types of fraud but not all types.

    Yes, EMV adoption will drive significant growth in online fraud. But in something that has received far less attention is the fact EMV-compliant technology can also actually help protect retailers against fraudulent e-commerce transactions.

  • Now Trending: Reflecting on Macy’s store closures

    When Macy’s announced in early September that it planned to close between 35 and 40 underperforming stores, the move certainly made headlines. Unfortunately for Macy’s, it also made sense. Because, as most analysts and industry observers can attest, it only reaffirmed a storyline that has been developing for many years now: department stores are in trouble.

  • Bluemercury’s search for exceptionalism

    Sephora and Ulta are successful retailers in their own right, but Bluemercury founder Barry Beck wants to chart a different growth path for the company Macy’s acquired earlier this year.

    When Macy’s announced in February it was buying beauty retailer Bluemercury, a lot of watchers wondered what the little-known niche retailer could offer the nation’s second largest department store chain. The answer to that question lies in something the founder of Bluemercury calls “exceptionalism.”

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