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Corporate Governance

  • Nine takeaways from Home Depot's earnings

    There was a lot for Home Depot executives to like about the company’s third-quarter performance. The company reported sales growth of 6.1% and net earnings growth of 14.1%.   Beyond the numbers, here are some of the key takeaways form the company’s presentation to investors.   • Digital growth

  • Home Depot beats Street in Q3

    The Home Depot on Tuesday reported sales and earnings for its third quarter that exceeded forecasts.    The world’s largest home improvement retailer posted a double-digit increase in earnings during the quarter, which it characterized as a balanced across-the-board period of growth.    Net sales jumped 6.1% to $23.2 billion, compared to $21.8 billion in the same quarter last year.   Comparable-store sales in the U.S. increased 5.9%. 

  • Whole Foods wooing shoppers with in-store restaurants, bars

    Whole Foods Market is upping its game.   In the face of growing competition, the supermarket chain has been adding restaurants, bars and tap rooms to its stores, reported The Orange County Register.    In select locations in California, Whole Foods is adding in-store outposts of a popular fast-casual eatery, Mendocino Farms, to its stores.   

  • Election results improve odds for Walgreens, Rite Aid deal

    A Trump administration increases the chance that Walgreens Boots Alliance will successfully close its proposed acquisition of Rite Aid, though the deal's actual closing date may be extended further into first quarter 2017, according to a Seeking Alpha report.   

  • Retail Lighting: LEDs and wireless controls are key to the future

    Lighting is fundamental to any retail store, whether that is for setting a scene and influencing how a brand is perceived, or even encouraging shoppers to make a particular purchase. However, if not managed correctly, it can be extremely expensive. In fact, lighting accounts for around 53% off all electricity consumption in a typical retail outlet, according to the U.S. Energy Information Administration.  

  • Shopko to launch its first credit card

    Shopko, in partnership with First Bankcards, is launching its first private label credit card program.   The new Shopko Credit Card, which can be used at any Shopko throughout the United States, will offer discounts, periodic deferred interest promotional financing offers and automatic gift card rewards, in addition to in-store instant approval.   

  • The New Overtime Rule: Q&A with Fazoli’s CEO

    With some 2,975 team members in its 123 company-owned restaurants and support center, Fazoli’s, the nation’s largest fast-casual Italian restaurant chain, is addressing the Department of Labor’s new overtime rule head on. CSA spoke with Carl Howard, president and CEO of Fazoli’s, about the company’s strategy regarding the new regulations, scheduled to take effect December 1.   How do you think the new overtime rule will impact your workplace?

  • Report: Fashion retailer exiting the outlet store business

    Kenneth Cole is closing all its stores in outlet centers.   The company plans to shutter its 63 outlet stores within the next six months, Bloomberg reported. The move will leave the brand with two brick-and-mortar stores, both full priced, with one in downtown Manhattan and the other in Arlington, Va.  
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