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Corporate Governance

  • Men's Wearhouse still growing despite Jos. A. Bank

    The CEO of Men’s Wearhouse Inc. says the company is well-positioned to implement its growth strategy despite lackluster second quarter results and a struggling Jos. A. Bank unit.

  • Conn's names new CEO, sells off bad debt

    Conn’s is selling off much of its consumer debt and appointing a new CEO as the specialty retailer looks reposition its business.

    In a series of strategic moves designed to shore up its ailing consumer finance business and restore investor confidence, Conn’s has named Norman Miller as its new CEO, entered into an agreement to securitize $1.4 billion of retail installment contract receivables, and received board authorization to repurchase up to $75 million of securities, and termination of the stockholders’ rights plan.

  • Dick’s expands All American concept

    Two months after opening its first All American Sports Center, Dick’s Sporting Goods is extending the concept to two new markets in Ohio.

  • Barnes & Noble considering new format

    On a day when his company reported its fifth straight quarter of sales declines, the CEO of Barnes & Noble sounded a positive note, telling the Wall Street Journal that the retailer is looking at a new store prototype.

  • Macy’s to close 35 to 40 stores

    Cincinnati -- The ax fell at Macy’s on Tuesday.

    In the name of optimizing its omnichannel approach, Macy's said it plans to close between 35 and 40 namesake stores in early 2016 even as its moves ahead with expansion of its new off price format, Macy’s Backstage.

  • Will retailers be hit with holiday labor shortage?

    New York -- The improving job picture may spell trouble for retailers’ holiday hiring plans, according to a report by CNBC.

    As online sales growth continues to grow, experts say retailers are already having trouble filling positions in the heart of their digital operations: their fulfillment centers.

    Read the full CNBC story, by clicking here.

  • Retailer looking for a new CFO

    Niwot, Colo. -- Footwear marketer Crocs is on the hunt for a new CFO.

    The company announced that Jeff Lasher, senior VP and CFO, is leaving the company to join boating supplies and accessories retailer West Marine Inc.

    Lasher, who joined Crocs in 2009, will remain with the company through early November. He plans to join West Marine as CFO in November.

    Mike Smith, Crocs senior VP for finance, has been named interim CFO effective Oct. 1 and will work closely with Lasher during a transition period.

  • Starbucks, Panama City, Panama

    Starbucks Coffee Company's first store in Panama is located in Panama City, in the Street Mall shopping center. With a 28-ft. high ceiling, the focal point of the 3,304-sq.-ft. store is a one-of-a-kind custom made hanging mobile, designed to represent the Geisha coffee plant, which signifies the birth of the coffee industry in Panama.

  • RILA: DOL overtime proposal creates enormous burdens for employers

    Arlington, Va. -- The Retail Industry Leaders Association issued a strenuous objection to what it called the Department of Labor’s “flawed” overtime proposal.

  • eBay turns 20 — with 20 days of deals

    San Jose, Calif. – The nation’s largest online marketplace is celebrating its 20th anniversary, and it’s marking the occasion with a special shopping event — and a traveling Airstream trailer.

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