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Corporate Governance

  • Nordstrom to open second, smaller store in Manhattan

    Nordstrom isn't satisfied with just one location in the Big Apple.

  • Men’s Wearhouse to augment growth with new name

    First Google became Alphabet and now Men’s Wearhouse is following suit by creating a new holding company structure under the name Tailored Brands, a corporate identity  that hints at growth aspirations beyond the male demographic.

  • Tech Bytes: Three Factors that Doomed Google Glass with Consumers

    Google is finally shutting down efforts to promote Google Glass as a consumer device.

    Back in April 2015, Google said it would partner with Luxottica Group to create a more user-friendly version of the connected eyewear. This announcement followed Google’s decision to essentially putting Google Glass on hiatus in January 2015. However, consumers never took to Google Glass, and after releasing an initial flurry of apps, retailers never really did, either.

  • Here's where the shoppers were last Christmas

    Tuesday Morning's value proposition clearly resonated with shoppers over the holidays as the off-price retailer reported an impressive increase in same-store sales for the second quarter.

    The Texas-based retailer said that for the second quarter and six months ended Dec. 31, net sales were $319.9 million for the second quarter, an increase of $18.5 million from the prior year period. Same-store sales increased 8.4%. Operating income for the second quarter was $20.6 million. Diluted income per share was 43 cents.

  • Report: Kroger asks alcohol producers to pay for shelf space

    Kroger is changing the way it organizes beer, wine and liquor on its store shelves by asking a private distributor to charge alcohol companies for placement, according to a report from Time magazine. (Time)

  • Report: Circuit City is making a comeback

    Remember Circuit City? According to a new report from Twice, the new owners of the naming rights to the electronics chain have an ambitious plan to open retail outlets, websites, branded and private-label products, licensed kiosks, mobile shops and franchise opportunities -- all under the Circuit City banner. [Twice]

  • The Container Store gives (social) power to the people

  • Food Lion hits 1 million Facebook fans, provides meals

    Food Lion is feeling good about recently reaching the milestone of 1 million Facebook fans, and is sharing the positive vibes.

    In recognition of this social media achievement, Food Lion is donating 1 million meals to those in need. The meals will be donated to Feeding America in the form of a monetary donation (Feeding America provides an average of 11 meals for every dollar donated) and distributed evenly among 30 local Feeding America member food banks within the grocer's service area. The donation will span across its 10-state footprint.

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