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Corporate Governance

  • Kohl’s eliminates three senior exec positions

    Several published reports are indicating that Kohl’s has eliminated three senior level leadership positions.

    Kohl’s has reportedly eliminated the positions of chief digital officer, senior vice president of store environment and development, and senior vice president of communications and public relations. Retailing Today was unable to independently confirm the jobs cuts or the identify of executives involved. Kohl’s representatives were unavailable for comment.

  • Report: Whole Foods mulls adding tattoo parlors

    Whole Foods shoppers looking for organic kale smoothies and non-GMO dog food could soon also get a tattoo while in-store.

    According to a report from Bloomberg, Whole Foods CEO Walter Robb  says his company’s new 365 chain is going to try some tactics outside of the conventional grocery-store playbook, including setting up tattoo parlors in the stores.

    Read more about the company's plans by clicking here.

  • Hannaford accelerating store pick-up

    The Hannaford grocery chain is expanding its online shopping service at a rapid pace and recently hit a significant milestone.

    The Maine-based retailer recently opened its 25th location with Hannaford To Go. The service is the first of its kind in many regions. After piloting the program successfully in several stores, Hannaford opened 11 additional locations in the past year. The company plans to pursue an aggressive rollout schedule in 2016 as well, based on the success of the program and its popularity with customers.

  • Report: The Fresh Market is on the auction block

    The Fresh Market is being viewed as a takeover target with recent media reports indicating that some of the biggest names in the grocery game are interested in the company.

    Reuters reports thatKroger is in the second round of an auction process for Fresh Market that has also attracted other companies and private equity firms. Apollo Global Management, KKR & Co and TPG Capital are among the buyout firms participating in the auction.

  • Target names new HR chief

    Bold, curious and accountable is the future Target’s new chief human resources officer said she looks forward to helping create.

    Eleven year Target veteran Stephanie Lundquist was elevated to the role of executive VP and chief human resources officer, arguably one of the most important positions in a company with nearly 350,000 employees and 1,800 stores.

  • Visa makes play in mobile payment space

    Visa Inc. has disclosed an investment stake that indicates it has a strong interest in helping retailers process mobile transactions.

    In a filing with the Securities and Exchange Commission (SEC), Visa said it holds 3.5 million shares in payment processing provider Square, equal to a 10% stake. The investment was worth about $30 million as of Thursday, Feb. 11.

  • Victoria’s Secret CEO resigns; Wexner steps in

    L Brands chairman and CEO Leslie Wexner is assuming leadership of the company’s biggest division, Victoria’s Secret, after the retailer announced that CEO Sharen Jester Turney had resigned. Her sudden and unexpected departure follows a tremendous growth run for the brand.

    Turney spent 16 years with Victoria’s Secret, joining the brand in 2000 as president and CEO of Victoria’s Secret Direct. She became CEO of brand in 2006. She will continue to serve as an advisor to the business, according to an L Brands statement.

  • Michael Kaider has been named to CBRE’S Net Lease Property Group

    Chicago -- CBRE announced that Michael Kaider, first VP, has been named to the firm’s Net Lease Property Group.

    CBRE’s Net Lease Property Group is a select team of senior level capital markets professionals that specialize in the sale, purchase and recapitalization of single-tenant, net leased properties throughout the United States.

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