Skip to main content

Corporate Governance

  • Rite Aid kicks off annual Children's Miracle Network fundraiser

    Rite Aid's 22nd annual Miracle Balloon campaign for Children's Miracle Network Hospitals is now underway, the company announced Monday. From now through April 30, Rite Aid customers can support their local children's hospital by purchasing $1 paper Miracle Balloons at any Rite Aid store.

  • Apollo Global to buy The Fresh Market for $1.4 billion

    The Fresh Market has agreed to be acquired by a private equity firm several months after the retailer said it would initiate a review of strategic alternatives and a possible sale.

  • Saks Off 5th comes to Canada too

    Less than a month after Hudson’s Bay Company brought Saks Fifth Avenue to Canadian shoppers, the company this month is opening the first of 25 planned Saks Off 5th stores.

    Three new Saks Off 5th stores are scheduled to open on March 17 in Vaughan Mills, Halton Hills and Niagara-on-the-Lake, Ontario. The openings will allow Canadians to experience the ultimate "thrill of the hunt" shopping that Saks Off 5th is renowned for, with access to the some of the best brands and fantastic finds, in a fun to shop store format,” according to the company.

  • Tech retailer pursues ‘broken’ opportunity with more stores

    American’s dependence on their devices – and their tendency to break – has given rise to a new breed of retailer that promises to get its customer back in the digital game fast.

    Carmel, Indiana-based uBreakiFix is on the move again in its home state with another new location in the Indianapolis market, its fourth in the area. UBreakiFix currently operates more than 170 stores after opening 63 locations last year. The fast-growing company expects to have 275 stores across North American by next year.

  • Weis Markets posts annual sales increase of 3.6% to $2.9 billion

    Weis Markets last week announced that its fourth quarter sales increased 2.8% to $734.1 million while its comparable store sales increased 2.8%, compared to the same period a year ago.

  • Benefits Abound When Brick-and-Mortar Retailers Acquire E-tailers

    Earlier this month, DSW announced plans to acquire Ebuys Inc. an off-price footwear and accessories e-tailer. This news follows last month’s reports that Hudson’s Bay (the owner of Saks Fifth Avenue and other department store chains) was acquiring Gilt Group.

  • Kohl's overhauls its largest private home and fashion brand

    Kohl’s has unveiled a re-launch of itsSonoma Goods for Life private brand that includes new designs, in-store and online.

  • Report: Nordstrom IT staff cuts go deeper

    The technology department at Nordstrom continues getting smaller.

    According to Geekwire, Nordstrom has laid off 120 IT employees. The cuts follow 10 technology staff reductions the retailer made at the beginning of March. All the layoffs have been part of an organizational restructuring and leveling of IT spending.

X
This ad will auto-close in 10 seconds