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Corporate Governance

  • RILA urges chip and PIN

    The upcoming Oct. 1 deadline for retailers to accept EMV-compliant, chip-based payment cards or face increased fraud liability mandates that retailers read card information stored in chips. However, the mandate does not specify whether the card be further verified by a PIN number or customer signature, and the Retail Industry Leaders Association (RILA) has a clear preference.

  • Starbucks mobilizes customers nationwide

  • Case Study: How to save millions in energy costs

    Learn how Saks Fifth Avenue reduced its energy use by 23% and saved millions of dollars—with no adverse impact on the customer experience — at a Webinar on Thursday, September 24, 2015, at 2 p.m. (EST). Hear first-hand how Saks is adding to its bottom line by reduced energy consumption.

    Gary Levitan, senior manager of energy and utilities for Saks’ parent Hudson’s Bay Company will explain how the retailer used data to win budget approval for energy efficiency projects — and build longer-term energy plans.
    


  • Report: Target in new push away from tech outsourcing

    Don’t assume that the layoff of 275 IT employees in August 2015 by Target Corp. means the retailer is reducing its focus on in-house technology operations. According to the Wall Street Journal, the layoffs actually set the stage for a big push away from IT outsourcing and toward hiring 1,000 new global technology workers.

  • RILA refutes claims of retailers lagging in EMV compliance

    The Retail Industry Leaders Alliance (RILA) is refuting public claims about retailers lagging behind banks and card networks in transitioning to EMV compliance. Randy Vanderhook, executive director of the Smart Card Alliance, said in a San Diego Union Tribune article that although consumers have largely been issued EMV-compliant chip cards, retailers have not been activating terminals or completing chip migration.

  • As Ollie’s eyes expansion, retail vet joins board

    After an initial public stock offering earlier this year, Ollie’s Bargain Outlet Holdings has added public company governance experience to its board with the appointment of Rue21’s top executive.

    Ollie’s said Robert Fisch, chairman, president and CEO of specialty apparel retailer Rue21 had joined its board and increased to seven the number of members. Prior to Rue21, Fisch was president of Casual Corner Group and he has also served as a board member at Children’s Place Retail Stores.

  • Food Lion founder gives leadership gift for 95th birthday

    Lessons in Leadership is the name of a new documentary film profiling the life and contributions of Food Lion co-founder Ralph Ketner who turned 95 this month.

  • Indian e-commerce giant recruits execs from major retail, tech firms

    Flipkart, a leading Indian online marketplace, is naming three new technology executives with experience at some major global retail and IT firms.

  • Hhgregg alters store experience, adds Samsung sizzle

    Redesigned Hhgregg stores in Orlando and Tampa, Florida, offer new growth possibilities for the 226 store appliance, electronics and furniture retailer.

    Hhgregg, on the heels of weak first quarter and 2014 results, unveiled new store designs in several Florida markets over the weekend with locations in Orlando and Tampa leading the way.

  • Commentary: The Politics of Overtime

    In the two months since the Department of Labor announced its proposed new overtime standards, much has been written about what it may mean for employers both big and small.

    For business operators, the ramifications are still being assessed and significant impacts will be felt not only in labor costs but also in how their businesses will operate moving forward. There’s a larger and more important effort underway, however, and the overtime regulations are just one piece of the puzzle.

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