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Corporate Governance

  • Amazon makes it easier for customers to get their 100-inch TVs

    Amazon.com is opening a state-of-the-art distribution center in Edgerton, Kansas, to fulfill orders for large items such as refrigerators or kayaks.

    The company says the facility will create approximately 1,000 full-time hourly positions, plus many managerial and support roles to support customer fulfillment. In Kansas, Amazon currently operates facilities in Lenexa.

  • Nordstrom Rack to add two more locations

    The off-price division of Nordstrom plans to open a new store in the nation’s capital, and another in Texas.

    Nordstrom Rack will open at District Center in the heart of Washington, D.C. The approximately 37,000 sq.-ft., two-level store, is scheduled to open in fall 2016, will be the retailer's thirteenth Nordstrom Rack in Washington, D.C./Baltimore area having first opened in the area at Potomac Mills in Woodbridge, Virginia in 1990.

  • Direct-to-consumer in focus at Catalyst

    Concerns about channel conflict once kept brands from selling to direct to consumers, but not anymore. Branded suppliers selling direct is one of the biggest trends in retail and the shift is creating new growth opportunities for consumer goods companies.

  • Ross Dress for Less on the move in Texas

    Ross Dress for Less opened a new store in El Paso, Texas on March 5.

  • Starbucks launching prepaid Visa card to boost its rewards program

    Starbucks Corp. is extending its payment platform to extend its reward program beyond its own stores.

    The coffee giant announced at its annual shareholders meeting on Wednesday that it will launch the Starbucks Rewards Prepaid Card from Chase by the end of this year.

  • Mid-America Real Estate handles sale of Fenton Commons in St. Louis MSA

    Fenton Mo. -- Mid-America Real Estate Corporation’s Investment Sales team brokered the sale of Fenton Commons located in Fenton, Missouri. Colorado based GDA Real Estate acquired the 82,242-sq.-ft. property for $15 million.

    Fenton Commons is anchored by Best Buy, Old Navy and Barnes & Noble with Chili’s and Bank of America.

  • Signet shines in Q4, ramps up expansion

    Signet Jewelers is already the world’s largest retailer of diamond jewelry and it plans to get even bigger in 2016 by accelerating new store and omnichannel growth.
     
    Operating stores under banners such as Kay, Jared and Zale, Signet reported a 4.9% fourth quarter same-store sales increase, better than expected profits and said it would open more new stores in 2016 than it previously indicated.
     

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