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Corporate Governance

  • Golf superstore continues to expand

    PGA Tour Superstore opened its 26th store to date — and first store in Minnesota — on June 11.   Located in Minnetonka, in a previous Sports Authority location, the 41,000-sq.-ft. store has 12 interactive simulators, practice hitting bays, a large putting green measuring more than 1,500 sq. ft. and an in-house club-making and repair facility to provide an interactive experience to golf enthusiasts of all levels.  

  • Here’s a feel good story about … Amazon!

    Amazon is lending its considerable logistics expertise to a major food bank in New Jersey.

    The Internet giant sent three logistics experts to tour the Community FoodBank’s 285,000-sq.-ft. warehouse in Hillside, New Jersey, and suggested ways the agency can run more efficiently, NJ Advance Media reported.

  • Online jeweler expanding in brick-and-mortar

    Blue Nile jumped into the physical space last summer with a store at Roosevelt Field mall in Garden City, New York, but it’s not stopping there.   The online jeweler has opened two additional locations, at Tysons Corner Center mall in Fairfax County, Virginia, and at The Westchester mall in White Plains, New York. Blue Nile will open a fourth store later this summer, at the Washington Square mall in Portland, Oregon.  

  • Eighty-three year-old brand charts new course

    Design is at the heart of Ethan Allen’s new “Design Center” retail format, which opened in Rockville, Maryland.   The store showcases the company’s new interactive design service and brings its robust website to life. The open floor plan has design stations and large touchscreens that invite customers to work directly on projects with the company’s design professionals in a space outfitted with the latest technology.   

  • Cartridge World looks to app for new revenue stream

    Specialty ink and toner retailer Cartridge World has a limited product offering, but that isn’t stopping it from thinking big or getting creative.   The McHenry, Illinois-based chain currently has more than 400 North American and 1,000 international stores, and intends to have more than 3,000 total stores by 2019. To help boost sales beyond its existing assortment and store base, Cartridge World is launching a mobile application called PrintWorld.  

  • Wal-Mart’s U.K., China and Canada units all getting new CEOs

    Wal-Mart Stores is undertaking a series of executive changes at its international divisions, starting with a new head for its struggling United Kingdom business, Asda.
     
    Andy Clarke, president and CEO of Asda, will step down on July 11, after having worked at the British company for more than 20 years. Asda has been under heavy competitive pressure and has reported seven straight quarterly sales declines.

  • Quality Solutions changes name to QSI Facilities

    Quality Solutions, Colwich, Kansas, a leading provider of facilities maintenance and constructions services, has changed its name to QSI Facilities.    The company has also launched a new website and introduced a new approach for overcoming “value leakage” in outsourced facilities services.  

  • Good news for premium malls, lifestyle centers

    High-quality malls and lifestyle centers are best positioned to capitalize on the shift toward experience-based spending.    That’s according to a new study by the research arm of MetLife Investment Management (MIM), which finds that millennials’ preference for acquiring experiences and memories over material goods will play a significant role in determining which retail formats will outperform in the future.   
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