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Corporate Governance

  • Web Accessibility: Why it Matters to all Retailers

    More than 200 million Americans will shop online this year. Statistically, nearly 10 million of those shoppers will be visually impaired, more than 10 million will have a hearing impairment and more than four million of those will have severe limitations to their dexterity. For these shoppers, many goods and services offered online might be out of their reach.   

  • Take a peak inside Amazon’s Drone lab in the United Kingdom

    Amazon gave some very special visitors a tour of its top secret drone testing laboratory in Cambridge, England.  

  • Investor seeks shakeup at Pier I

    New York investment management firm Alden Global Capital is not happy with the board — or the CEO — of Pier I Imports.     Alden, the retailer’s largest active institutional investor, is demanding a shakeup of the Pier 1 board, reported the Dallas Business Journal.    

  • Off-price retailer continues loyalty partnership

    As the loyalty landscape heats up, TJX Companies is renewing its existing program to remain competitive.   The off-price retailer announced a multi-year renewal of its partnership with Synchrony, a move that will continue to support financing for its five-year-old Rewards Credit Card program.   

  • What you need to know about restrictive use clauses

    For retail tenants and landlords alike, use and exclusive use clauses, which refer to the terms written into a lease that dictates what is and is not permitted by both parties, are a critically important part of the tenant-landlord relationship and lease negotiation process. It is also a potentially contentious subject that will not only affect a retailer’s operational specifics, but can have a profound impact on the bottom line.   

  • Apple’s new tree-filled flagship

    Apple has re-opened its 12-year-old London flagship after a major overhaul that reflects the company’s updated store strategy.     Located on Regent Street, the redone space has an airy look and natural feel, with an open glass façade, high ceilings, oversized windows and plenty of room to move around. The increased ceiling height allowed for the addition of twelve Ficus Ali trees, complete with planters that double as a comfortable place to sit. Two “living” walls are covered with greenery.

  • Sears names new finance head; consolidates some finance functions

    Sears Holdings announced that Jason Hollar has been promoted to CFO, effective immediately.     Hollar succeeds Robert A. Schriesheim, who the chain previously announced would be departing to focus on his other business interests and pursue other career opportunities.    Hollar, 43, joined Sears Holdings in October 2014 as senior VP, finance, overseeing the financial planning & analysis function, the business finance relationship with centralized finance, and procurement. 

  • The most expensive street in the world for retail is…

    Thinking about setting up shop between 49th and 60th Streets on Manhattan’s Fifth Avenue? Better be prepared to pay big bucks.   The upper part of Fifth Avenue is the most expensive retail street in the world (based on rental value), with rents rising to a whopping $3,500 per square foot in 2015, according to the 27th edition of Cushman & Wakefield’s report, Main Streets Across The World.  
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