Corporate Governance

Stop & Shop, Kroger hungry for A&P stores
Northeast grocery chain A&P may not have been able to make a go of it, but other retailers are already looking to capitalize on the failed supermarket's real estate holdings.
Southeastern Grocers to donate $3M to Wounded Warrior
BI-LO, Harveys and Winn-Dixie grocery stores raised an impressive $3 million over the Fourth of July weekend to support the Wounded Warrior Project Independence Program.

Rite Aid takes the the health kiosk idea to a new level

Rite Aid is targeting consumers looking for quality and convenient health care with the debut of telemedicine kiosks at some of its stores.
Ross picks up the pace of expansion in July

Ross Stores is crossing off a big chunk of its to-do list as the retailer moves forward with its plans to open 90 stores in 2015.
Ex-Toys exec to lead B&N digital division

Barnes & Noble Inc. has hired a new chief for its digital division as the retailer rethinks the leadership of its Nook business.
Instacart re-classifies employees for growth

Fast-growing grocery delivery service Instacart is expanding a program that lets some contract workers become part-time employees.

The online grocery delivery service is now offering its contractor in-store shoppers in Houston and Austin, Texas, the option of applying for new employee roles with expanded responsibilities.
Francesca's adds Limited veteran

Francesca's is adding a retail industry veteran to its board.

The retailer has appointed Martyn Redgrave as a member of the board of directors. The appointment is effective immediately. Redgrave will serve on the audit committee and the nominating and corporate governance committee.
Dick's proves athleisure trend is not dead

Dick's Sporting Goods is leaving no target market unaccounted for in its quest for growth and expansion.

The retailer is launching a new "fitness and lifestyle" boutique concept aimed at women called Chelsea Collective. The first two Chelsea Collective locations will open in August in Tysons Corner, Va., at Tysons Corner Center and Pittsburgh at Ross Park Mall.
Macy's launches its first-ever Fashion Pass

Macy's is introducing an innovative way for shoppers to give back to a wide variety of their favoritie charities.
Office Depot targets de-cluttering consumers

Office Depot Inc. is focusing on attracting de-cluttering consumers as the retailer awaits regulatory approval of its merger with Staples.

Office Depot announced it is launching Perch by Urbio, a new line of organization products for the home or office, available now in both Office Depot and OfficeMax retail locations and online at officedepot.com.
Macy’s feels the heat—from activist investor and Donald Trump

New York — Macy’s is feeling the heat — from an activist investor and Donald Trump.

Activist investor Starboard Value wants the department store giant to follow the example set by such other retailers and Sears Holdings and Hudsons Bay Company and capitalize on its real estate holdings by spinning them off into a new investment vehicle.

Starboard claims the move would double Macy’s stock value, Fortune reported. For more click here.
Will Amazon buy start-up rival even before it takes off?

Seattle – Amazon.com may be preparing a pre-emptive strike against a rival e-commerce platform before it even officially takes off.

According to CNBC, Piper Jaffray Internet analyst Gene Munster says Amazon s considering a purchase of Jet.com, a subscription-based e-commerce site that is currently in beta and set to officially launch next week.

Munster said that Jet.com does a good job in gamifying the online shopping process and in selling fast-moving consumer goods, two things Amazon has not historically done well.