Corporate Governance

Kohl’s celebrates Earth Day with volunteerism, ongoing sustainability efforts
Menomonee Falls, Wis. -- Thousands of associates from Kohl’s Department Stores are celebrating Earth Day by volunteering in their local communities during the company’s sixth annual National Go Green event today through the end of June.
Retailers embrace key trade legislation
Major retailers, trade groups and politicians sounded a euphoric and bipartisan tone last week following the introduction of trade legislation with potentially huge implications for the retail industry and the U.S. economy.

Costco cash machine pays out again

Costco shareholders are a happy lot these days between the company’s surging share price, huge special dividends and now another substantial increase in the company’s regular quarterly payout.

Late Friday, with shareholders already sitting on a 30% increase in the stock price during the past year, the company gave them another reason to smile by hiking its dividend 12.3% to 40 cents a share, or $1.60 on an annual basis, from the current quarterly dividend of 35.5 cents, or $1.42.
Gap, CVS and Target make corporate responsibility list

What’s wrong with the retail Industry? Corporate Responsibility Magazine is out with the 2015 version of its 100 Best Corporate Citizens and only three, that’s right, only three retailers were worthy of inclusion on the list.
Whole Foods hosts toxic swimmer for Earth Day

Whole Foods celebrated Earth Day by serving as the kickoff site for environmental activist Christopher Swain’s historic swim in a toxic canal.
Foot Locker on hunt for footwear innovators

Foot Locker is looking to the future of the footwear industry with a new partnership designed to drive innovation.

The retailer is collaborating with Pensole Footwear Design Academy on a class that will help design the new ASICS Tiger this summer.
DSW veteran takes marketing helm at HSN

HSN Inc. has appointed a new chief marketing officer to drive growth for the $3.6 billion multichannel retailer.

The company named John Aylward as executive VP and chief marketing officer for HSN.
A 'good thing' for Staples and Martha Stewart

Staples is looking to Martha Stewart once again to re-invigorate its home office product assortment.

The retailer and Martha Stewart Living Omnimedia have announced a new, multi-year strategic direct retail collaboration for the manufacture and distribution of a brand new line of Martha Stewart Home Office products.
Sears Hometown and Outlet CEO to leave Aug. 1

Sears Hometown and Outlet Stores Inc., which had disappointing financial results in its last quarter, said CEO W. Bruce Johnson will leave the company Aug. 1.

The company also announced that the board of directors has commenced a search for a new CEO and has retained Heidrick & Struggles, a leading global executive search firm, to assist the Board in identifying and evaluating external and internal candidates.
Publix fishing for more sustainable seafood

With more than 1,000 stores in the Southeast, Publix Super Markets celebrated Earth Day with a $160,000 effort to make shrimp aquaculture more sustainable.

The grocery chain says it is focused on improving the conditions associated with shrimp aquaculture. The donation to the Sustainable Fisheries Partnership will fund research to improve fisheries and help shrimp aquaculture in southeast Asia become more sustainable.
Macy's gets intimate with Heidi Klum

Macy’s Inc. is teaming up with a former Victoria’s Secret Angel to develop a new line of contemporary bras and panties designed to appeal to women who are looking for the "perfect fit and shape."
IRI Summit 2015 shakes up Austin

The IRI Summit 2015 conference this week in Austin is helping senior manufacturers and retailers find growth in CPG manufacturing, retail and health care.

The program highlights strategies for finding growth opportunities with shoppers via cutting-edge content and analytics, technologies and retail best practices.