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Corporate Governance

  • Survey: Consumers love iPhone, Apple and retail

    Mountain View, Calif. – Move over mom, baseball and apple pie. The new three things everyone loves are iPhone, Apple and retail.

    According to a new survey of global English-speaking consumers in 84 countries, the “NetBase Brand Passion Report,” iPhone is the most-loved brand in the world. Apple comes in at number three. And retail and Apple dominate the rest of the top 10 brands, which are Etsy (4th), iPad (5th), MacBook Air (6th), Starbucks (7th), Chipotle (9th) and McDonald’s (10th).

  • Report: Safeway sells three Hawaii centers

    Pleasanton, Calif. – Safeway Inc. is reportedly selling three shopping center it owns in Hawaii. According to Pacific Business News, Carlsbad, California-based Terramar Retail Centers is paying about $156 million for the centers.

    Two of the centers are anchored by a Safeway – the 23-acre Hokulei Village in Lihue on Kauai for $52.25 million, and the 12-acre Lahaina Cannery Shops on Maui for about $60.3 million. Terramar is also paying $43.4 million for the 24.5-acre Target-anchored Puunene Shopping Center on Maui.

  • Alibaba wants to change the face of payment

    Hangzhou, China – Chinese e-commerce platform Alibaba Holding Group Inc. wants to change the face of payment. In public comments made at the CeBit technology conference in Hannover, Germany, on March 15, Alibaba chairman Jack Ma said his company’s subsidiary Ant Financial is developing a service called “Smile to Pay” that would let consumers pay for purchases with a facial scan.

  • L.L. Bean to open at least 100 stores by 2020

    Maine-based L.L. Bean Inc. intends to almost triple its store count by 2020, according to a company memo distributed to employees this month.

  • 'Whole Foods for pets' Kriser's adds 26th store

    Trendy pet retailer Kriser's is opening another store in the Houston market as it blazes a trail of expansion across middle America.

  • More Nook promotions from Barnes & Noble

    Barnes & Noble is trying to generate excitement around its struggling Nook products with a giveaway tied to social media.

    The retailer says the #NOOKReadingStyle Sweepstakes is designed to inspire book lovers to share their reading style on their Facebook pages and other social media channels. Through March 31, participants can enter for a chance to win exciting prizes, including a $500 Gilt E-Gift Card, a Samsung Galaxy Tab 4 NOOK and 100 $25 Barnes & Noble Gift Cards by completing the sweepstakes entry form on the NOOK Facebook page.

  • Sports Authority debuts plus-size activewear

    Sports Authority is targeting a new segment of shoppers looking for “athleisure” wear with a new line of plus-size clothing.

    The retailer says its new Aspire and Aline Design lines were created specifically for women looking for stylish, affordable and cross-functional yoga and outdoor apparel that can be worn with confidence. The full product assortment is now available exclusively at Sports Authority stores and online at sportsauthority.com.

  • March Madness means lots of deals at Hhgregg

    Just in time for spring’s college basketball showdown, Hhgregg is offering a winning deal to customers who shop in-store or online.

    The retailer is offering zero down and no-interest financing until January 2018 on qualifying purchases from now until March 28.

  • Quantum co-founder named CEO

    Chris Allan was a co-founder of Quantum Retail Technology and now he is the company’s CEO too.

    Allan rejoined Quantum, a provider of merchandise optimization and inventory solutions, in late 2014 to lead the company’s retail development and delivery organizations. He will maintain that role in addition to serving as CEO.

  • True Value shows true colors for St. Patrick's Day

    Chicago-based True Value Co. showed its true colors -- and legacy when it comes to producing and selling paint -- on Monday during the city’s annual St. Patrick’s Day parade.

    The company erected a 40-foot-tall True Value paint stick and stuck it in the water on the northeast corner of Michigan Avenue. The paint stick stunt was conceived by MARC USA Chicago to leverage True Value’s first time as a sponsor of the annual event. The paint stick will be embossed with the line, “The Value Of The Perfect Color.”

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