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Corporate Governance

  • Walmart launches anti-hunger campaign

    Walmart is looking to increase its support of community food programs with a new "Fight Hunger. Spark Change." campaign this spring.

    The national initiative will invite the public to take action in the fight against hunger. Working with some of the nation’s leading food companies –- Campbell’s, ConAgra Foods, General Mills, Kellogg Company, Kraft, and Unilever–- Walmart is offering the 140 million customers that shop at its stores each week three easy ways to help families in need in their local communities.

  • Leslie's makes a splash in 15 more cities

    Leslie’s Poolmart Inc. plans to make a splash in select cities this month as it opens 15 new retail locations throughout the United States on April 9.

    During the store grand openings between April 9 and April 13, customers will receive 20% off most everything in the store. Each store's grand opening will also be celebrated with a ribbon cutting and other events.

  • Amazon.com teams up with SETA on payments

    Amazon.com is looking to make selling easier for its marketplace customers by partnering with a new software solutions company.

    The retailer has selected SETA International as its official software solutions provider. SETA provides services such as technical consulting, software development, support and maintenance and graphic design.

  • Lexmark announces rebranding

    Lexmark’s evolution into a business information services giant got a boost Tuesday when the company unveiled a rebranding.

    The company announced that its Perceptive Software division will switch to the Lexmark name, although its products will remain under the Perceptive banner. The move brings all of Lexmark's recent worldwide acquisitions of business information and software companies under the company's one name.

  • Digital sales up 35.1% at Hudson's Bay Company

    A big jump in digital sales and the integration of Saks Fifth Avenue helped Hudson’s Bay Co. post a larger increase in profit in the fourth quarter.

  • 99 Cents Only speeds up expansion

    99 Cents Only Stores is accelerating its expansion plan with several new stores planned for 2015.

    The retailer just opened nearly 10 new stores this week in California, and plans to open more later this year.

    The company says it will celebrate its store openings this week in California by selling flat screen LCD TVs for only 99 cents to the first nine customers in line on Grand Opening Day. The next 99 customers in line on opening day may purchase an iron for only 99 cents. Other 99 cent deals will follow for additional customers.

  • E-commerce firm BorderFree names new CMO

    Global cross-border e-commerce provider BorderFree has a new chief marketing officer.

    The company announced that Jonathan Kapplow will be responsible for all marketing functions at the company, driving preference and action for both B2C and B2B constituents.

  • Report: Kroger rebranding some Harris Teeter stores

    Kroger is moving ahead with its strategic plan for 2015 by closing and rebranding some of its Harris Teeter stores in Tennessee, according to the Nashville Tennessean.

    The four Harris Teeter stores owned and operated by the Kroger Co. in the Nashville, Tenn., area will be closing on or before June 15, the newspaper reports. Three of the stores will re-open, but under the Kroger banner. This is the first time the Kroger Co. has switched banners on a Harris Teeter store.

  • Report: Japan government fund to help launch chain of green tea cafes in U.S.

    Tokyo – The Cool Japan Fund, a fund mostly supported by Japanese taxpayers and linked to Japan’s government, will reportedly invest $2.18 million in a chain of U.S. green tea cafes. According to Reuters, the Cool Japan Fund will take a 49.9% stake in Green Tea World USA Inc.

    Green Tea World plans to open its first tea café in California later in 2015. The company intends to open 50 stores in California cities including Los Angeles, San Francisco and San Jose in the next decade. Beverages will sell for $3 to $4 each.

  • David’s Tea files for IPO; sees potential for 300 U.S. stores

    New York -- Watch out Teavana, Canada’s David’s Tea Inc. is looking to boost its U.S. presence. The Quebec-based chain has filed a registration with the U.S. Securities and Exchange Commission for an IPO in which it looks to raise a maximum of $75 million. The company plans to list on the Nasdaq with the ticker symbol "DTEA.”

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