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Corporate Governance

  • Target, other retailers answer Louisiana’s call for help after ‘Great Flood of 2016’

    Photo: Marko Kokic, Red Cross   As the national media continues to largely ignore Louisiana’s cries for help after 6.9 trillion gallons of rain pummeled the southern part of the state between Aug. 8 and Aug. 14, retailers such as Target Corp. have answered the call.  

  • Dick’s Sporting Goods acquires team business tech firm

    Back in January, Dick’s Sporting Goods launched Team Sports HQ in an effort to capture the nation’s lucrative youth sports league business. Today the company announced the purchase of the tech to get it there.  

  • Tuesday Morning sees Q4 top-line advances

    Citing costs due to strategic rebuilding initiatives, Tuesday Morning Corp. reported a loss of $3.9 million in the fourth quarter ended June 30; however, revenue edged up to $222.8 million and same-store sales increased 6%.   According to CEO Steve Becker, pre-announced priorities – including real estate, merchandising, marketing, infrastructure and talent – continue to stay at the forefront of the chain’s activities and have positively impacted top-line performance.    

  • Fred’s fills new COO pharmacy position

    Fred’s on Friday announced that it had promoted its VP pharmacy services, Timothy Liebmann, to the newly created position of COO pharmacy, effective immediately. Liebmann will be succeeding the company’s retiring executive VP pharmacy operations, Rick Chambers.

  • Fred’s promotes Liebmann to new COO pharmacy position

    Fred’s on Friday announced that it had promoted its VP pharmacy services, Timothy Liebmann, to the newly created position of COO pharmacy, effective immediately. Liebmann will be succeeding the company’s retiring executive VP pharmacy operations, Rick Chambers.  

  • Hibbett Sports tops Q2 profit forecasts

    Hibbett Sports reported fiscal second-quarter net income of $6.5 million, beating Wall Street expectations.   The sporting goods retailer posted revenue of $206.9 million in the period, a 3.9% increase but falling short of Street forecasts. Analysts expected $210.1 million.   Same-store sales inched up 0.8%.  

  • Dollar General expands into North Dakota

    Dollar General is moving into North Dakota, announcing that it has begun construction on five new stores in the state. This gives the discount retailer a footprint in 44 states after having established operations in Maine, Oregon, and Rhode Island in 2015.   The initial North Dakota locations will be in Ellendale, Gwinner, Hankinson, Hillsboro, and Oakes. They’re being built in the chain’s standard 9,100-sq.-ft. format.  

  • Eddie Bauer issues data breach alert

    Customer data from payment cards used at Eddie Bauer stores from Jan. 2 to July 17 of this year may have been accessed by malware infecting point of sales systems, the company announced.    An investigation by a third-party digital forensics firm engaged by Eddie Bauer found that the breach was part of a concerted hack-attack targeting several restaurants, hotels, and retailers.  
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