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Corporate Governance

  • Johnny Rockets in deal to open 100 locations in China

    Aliso Viejo, Calif. -- Johnny Rockets recently signed the largest development deal in the brand's history, with a plan to open 100 restaurants in China, with the first scheduled to open in 2016.

  • Lane Bryant goes omnichannel with new campaign

    Lane Bryant is launching an omnichannel spring marketing campaign that hopes to drive women to embrace what makes them unique.

    The plus-size retailer is encouraging customers to celebrate the fact that they’re different to the prototypical "Victoria's Secret Angel” and that all sizes can (and deserve to) be sexy. 

  • Party City to raise up to $372 million in IPO

    The largest retailer of party supplies in the United States, Party City, has filed paperwork for an initial public offering of its shares.

    The company, which sells party supplies, decorations and costumes, said it expects the offering of 21.9 million shares to be priced at between $15 and $17 per share.

    Party City Holdco Inc. is expected to be valued at nearly $2 billion in its initial public offering, the first by a U.S. retailer this year.

  • Lockridge named president of Atlas Technology Group

    Atlas Technology Group, one of the fastest growing retail technology solution providers in the consumer goods industry, has named a new president.

    Pat Lockridge, who has been SVP of sales at Atlas since 2013, has been promoted to president. Nicholas Dozier will remain CEO of ATLAS Technology Group, which is based in Bentonville, Ark.

  • Omnichannel firm hires ex-Walmart exec

    Omnichannel solutions provider RichRelevance has hired a former WalmartLabs executive to serve as its chief product officer.

    Mahesh Tyagarajan will be responsible for product strategy and management, engineering and cloud operation and infrastructure. The company also named microstrategy and business objects veteran John Dickson as vice president of client services, where he will drive the expansion of RichRelevance’s position as the dominant provider of large-scale omnichannel personalization deployments around the world.

  • Lands' End hops to support Easter Egg Roll

    Lands' End has added a digital component to its sponsorship of the White House Easter Egg Roll this year.

    The retailer says this year's theme for the Easter Egg Roll is "#GimmeFive," which encourages Americans across the country to share five things on social media they are doing to eat better, be more active, and lead a healthier life, and supports the First Lady's Let's Move! initiative to help kids grow up healthy and have the opportunity to reach their full potential.

  • Century 21 to open first non-Northeast location

    Century 21, the coveted off-price store beloved by fashionistas in the Northeast, has announced that it will be heading south for its next location.

    Century 21 will be opening an approximately 85,000-square-foot store – the first anywhere in the nation outside of the Northeast – at Sawgrass Mills in South Florida in the fall of 2016.

  • Patagonia encourages consumers to repair clothes instead of always buying new

    New York -- The socially conscious outdoor brand Patagonia has embarked on a coast-to-coast tour to encourage people to repair their existing clothes rather than buy new ones. The message, which reflects the brand's socially conscious, environmental positioning, comes at a time of rising popularity for lower-priced fast-fashion items that sometimes are discarded after just a couple of wearings.

  • Changing of the guard at RadioShack; former Dell exec to head chain

    New York -- A former executive of Dell Inc. has been tapped as the new CEO of RadioShack. Standard General, the hedge fund that bought 1,743 of the chain’s stores in bankruptcy court proceedings, has appointed Ron Garriques as the new head of RadioShack.

    Garriques headed Dell's consumer and communications divisions and previously worked at Motorola Inc. He replaces Joseph Magnacco, who resigned Wednesday after two years as CEO.

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