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Corporate Governance

  • GNC announces quarterly dividend

    GNC Holdings reported a quarterly dividend of 20 cents per share.   The dividend will be paid on Dec. 30.   The specialty wellness retailer operates more than 9,000 locations in approximately 50 countries.  
  • Raley’s ‘Park’ gets OK from Sacramento planners

    Raley’s, the Northern Californian grocery chain, got one step closer to its vision to build a neighborhood “hub” in Sacramento.   According to a report in the Sacramento Bee, the city’s Planning and Design Commission voted 12-to-1 to approve the chain’s plans for “The Park,” a 108,000-sq.-ft. open-air center ringed by a metal canopy and featuring large store windows and shrub-filled “green screens.”  
  • Specialty outdoors retailer opens community-minded D.C. flagship

    The venue where the Beatles performed their first concert in the United States now houses REI’s newest flagship location.  
  • Hudson’s Bay adds position to lead partnerships

    Ed Burstell will join Hudson’s Bay Company’s leadership team as head of partnerships.    In this newly created position, Burstell will develop and lead partnerships to drive innovative and exclusive offerings across all of HBC’s banners globally — a move that will help differentiate the company across the marketplace. Burstell, who comes aboard on Dec. 5, will report to the company’s CEO Jerry Storch.  
  • QuickChek innovates again with Tesla partnership

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  • Alibaba co-founder urges China to use big data to fight cyber-crimes

    Alibaba’s co-founder has a solution to ward off harmful cyber-attacks across China.   The online platform’s co-founder Jack Ma proposed that the nation’s top security bureau use big data to prevent crime — an announcement that endorses China’s budding efforts to build an unparalleled online surveillance system, according to Bloomberg.  
  • Big number paid for Houston center

    A 65,798-sq.-ft. neighborhood center in the Houston suburb of Greenspoint has been purchased for $15 million, or about $228 per square foot, according to the Chron website. Deal broker CBRE said that’s one of the highest prices paid for retail space in the area on a square-foot basis.  
  • Staples moves beyond office supplies with new licensing efforts

    Staples is getting into the licensing game as a means of expanding its brand. It’s first target — document storage.  
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