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Corporate Governance

  • Tuesday Morning sales up, store count down

    Tuesday Morning Corp. completed its turnaround initiative in the third quarter, closing 21 stores and narrowing its loss to $2.8 million.

    The company also said that Melissa Phillips has been promoted to president and chief operating officer from executive vice president and general merchandise manager.

  • Columbia Sportswear profits from athleisure trend

    Athleisure apparel continues to be a driver of growth for Columbia Sportswear Co., which posted record sales in its first quarter.

  • Specialty drugs lift CVS profit in Q1

    CVS Health's growth in its drug services business is helping to offset retail sales declines from its decision to stop selling cigarettes<span style="color: rgb(54, 54, 54); font-family: open_sansregular, Arial, Helvetica, sans-

  • CE industry recycled 660M pounds in 2014

    The consumer electronics industry has reached a new milestone: It recycled 660 million pounds of used electronics products last year.

    The number is the CE industry’s highest ever annual total, and the U.S. is now recycling CE products in record numbers, according to the Fourth Annual Report of the eCycling Leadership Initiative, led by the Consumer Electronics Association.

  • Fresh Market adds 2 retail vets to board

    The CEO of Carter's Inc. and the former CFO of V.F. Corp. have joined the board of directors at the Fresh Market.

    Michael D. Casey, CEO and a director of Carter’s Inc., and Robert K. Shearer, formerly CFO of V.F. Corp., have been named as independent directors effective May 1. With these additions, the Fresh Market’s Board has nine directors, eight of whom are independent directors.

  • Christopher & Banks looking for 'Amazing Women'

    Specialty retailer Christopher & Banks has come up with an innovative celebration of women to drive traffic this Mother’s Day.

    The retailer will solicit nominations for, and select, Amazing Women to be recognized for their selfless giving and positive impact on the lives of those around them. The first search this year will be launched in celebration of Mother's Day with nominations open through May 10.

  • REI to open Arizona distribution center

    REI is looking to strengthen its omnichannel capabilities with a new distribution center in Arizona.

    The outdoor retailer that it will open a third distribution center, located in Goodyear, Ariz., in 2016 to better support its website, stores and customers through faster product replenishment and delivery.

  • Sales and earnings on the rise at Publix

    Publix continues to demonstrate that its customers indeed find that shopping there is a pleasure, judging by the grocery chain's first quarter results.

    Publix’s sales for the first quarter of 2015 were $8.3 billion, a 6.8% increase from last year’s $7.8 billion. Same store sales increased 5.3%. Net earnings for the first quarter of 2015 were $548.9 million, compared to $493.7 million in 2014, an increase of 11.2%. Earnings per share for the first quarter increased to $0.71 for 2015, up from $0.63 per share in 2014. T

  • New operational structure takes shape at Walmart

    Operational changes keep coming at Walmart with another round of senior executive moves – and several retirements – announced late Friday that involve some familiar leaders in new roles focused on supercenters, small format and the rollout of grocery home shopping.

  • SHOP TALK

    RETAIL NOTES: Kleinfeld Hudson’s Bay, a glamorous bridal shop on the top floor of the Hudson’s Bay’s flagship and headquarters building in Toronto, took the big prize — Store of the Year — in the Association for Retail Environments 2015 Design Awards. The annual awards recognize the best in retail design, store fixtures and visual presentation. Designed in house by HBC Store Planning, the 14,000-sq.-ft.

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