Corporate Governance

Big Lots is giving consumers a new budget-friendly option when it comes to baby supplies.

Big Lots has launched a new line called b*loved, which the company says gives customers premium brand baby products with everything moms and dads need to keep babies clean, comfortable and dry, at an affordable price.

Customers looking for a great value on products ranging from diapers and wipes to baby wash and shampoo can shop Big Lots first with b*loved.

Meijer has announced that it will invest nearly $50 million to remodel and expand four supercenters in Ohio, bucking a trend set by Walmart and other retailers of focusing on smaller stores<span style="color: rgb(54, 54, 54); font-family

Rite Aid's pharmacy and front-end divisions helped the retailer post a 4.3% gain in same store sales for March. 

Fast casual chain Forever 21 has added men’s, girls and plus collections to 50 more stores as part of its global expansion plan.

Forever 21+, Forever 21 Men and Forever 21 Girls will now be added to 50 existing U.S. stores in markets such as Chicago, Los Angeles, Miami, Nashville, New Orleans, Orlando, Philadelphia, Pittsburgh, Seattle, Stamford, Conn., and more.

Despite bad publicity from a “60 Minutes” report alleging carcinogens in some of the hardwood it sells, Lumber Liquidators increased sales in the first quarter of 2015.

Walmart Vice President of Supply Chain Services Debbie Hodges is the featured speaker at the April gathering of Doing Business in Bentonville.

The organization recently confirmed that Hodges would be the featured speaker at an event to be held Thursday April 16 at 7 a.m. at the Four Points by Sheraton in Bentonville.

Among the topics Hodges plans to address are the role and structure of the Supply Chain Services team, key initiatives currently underway and the impact on suppliers.

Sam’s Club is expanding its prescription savings program to allow Plus and Business Plus members to save even more money through new benefits.

New savings on generic prescriptions, some of which are available free of charge or at a discounted cost of $4 or $10 at specified quantities, are now available in all Sam’s Club locations with pharmacies.

This new benefit is part of Sam’s Club Extra Value Drug List, through which Sam’s Club Plus and Business Plus members also receive 10-30% savings on select brand name medications.

Belk Inc. has hired Goldman Sachs to explore its strategic options, including the possibility of a sale that could value the family owned department store chain at as much as $4 billion, Reuters reports.

In response to the Reuters report, Belk issued a response saying that it had hired Goldman Sachs to help it explore all options for its future. Belk added that it expects to conclude its analysis in the next several months.

Belk operates about 300 stores in 16 Southern states.

Walmart CEO Doug McMillon's statement on social media Wednesday asking the state of Arkansas to reject legislation that critics say could allow discrimination against lesbians and gay men is indicative of the retailer's increased role in many social issues, according to the New York Times.

New York – Wal-Mart Stores Inc. is reportedly asking suppliers to cut their product costs and also seeking to expand its grocery business. According to the Wall Street Journal, Wal-Mart is recommending that suppliers forego investing in joint marketing programs with the retailer and use that savings to reduce the price Wal-Mart pays for their goods.