Corporate Governance

Two days before Kraft shareholders are scheduled to vote on a merger with Heinz, the company announced a slew of new executives.

Paulo Basilio was appointed executive vice president and CFO, having joined Heinz in June 2013 as CFO. Kraft's CFO James Kehoe and other Kraft executives are being let go in 30 days or when the merger is completed, Heinz said in a statement.

Pier 1 Imports has named a former finance executve of Michaels, Kmart and Sears as its new chief financial officer.

Several months after its CEO resigned in September, Pep Boys says it is reviewing strategic alternatives, including a possible sale, merger or other deal.

Michaels is giving children a Passport to Imagination this summer with a new free program.

This year, the low-cost, in-store sessions will focus on summer vacation fun, including lake picnics, afternoons at the beach, county fairs, music festivals and more. Passport to Imagination begins July 6 and will run through Aug. 21 in all Canadian stores, with three classes per week, on Monday, Wednesday and Friday from 10 a.m. to noon.

Looking for a piece of the growing off-price pie, Kohl's has officially opened its Off Aisle concept in New Jersey.

Kohl’s is testing the off-price waters by opening a discount store in Cherry Hill, N.J., this summer called "Off Aisle by Kohl's." 

In the midst of its strongest growth in years, Meijer and its produce partners are touting the company’s $100 million locally grown commitment.

In the midst of its strongest growth in year, Meijer and its produce partners are touting the company’s $100 million locally grown commitment.

Leadership of the Kroger Co.’s retail operations is in limbo following the retirement of COO Mike Ellis, with no immediate successor named.

The Kroger Co. announced that Ellis has retired after 40 years with the company.

Jo-Ann Fabric and Craft Stores, the nation’s leading fabric and craft specialty retailer, has announced two significant organizational changes in the merchandising and marketing areas.

Megan Featherston, formerly senior vice president, merchandising, at Jo-Ann, has been promoted to executive vice president, merchandising & marketing. In her new role, Megan will oversee the retailer’s merchandising, marketing, Joann.com and business intelligence and analytics teams.

New York -- Walmart wants to keep customers better connected with supplier information.

The discounter on Monday unveiled a pilot program called the Product Content Collection System (PCCS), which is designed to provide rich, descriptive data about Walmart products from all suppliers and manufacturers, while providing the most accurate, up-to-date, and comprehensive product information to customers. Walmart introduced the new venture on the blog of its Silicon Valley-based, technology laboratory, WalmartLabs.