Corporate Governance

Tarrytown, N.Y. -- DLC Management Corp. announced the promotions of key members including the promotion of Daniel Taub to president. The company recognizes that human capital is its most important asset when it comes to success, developing its people and promoting from within are core business practices.

Google is being secretive about its “Project Wing” delivery drone program, but a patent filing gives some additional information about the effort. According to Fast Company, Google hopes to use remote wheeled delivery receptacles that will automatically guide drones to drop their packages. The receptacles will then complete the delivery on the ground. [Fast Company]

German discount supermarket chain Lidl has revealed where it will drop its anchor in the United States.

The retailer revealed on its website that it is seeking locations between New Jersey and Georgia. It said it is looking to build stand-alone, 36,000-sq.-ft. stores on sites that are at least 3.5 acres with a minimum of 150 parking spaces.

Athletic wear giant Under Armour plans to open some 200 store in 2016, according to The Street. While the brand did not comment, the report said the expansion would likely include a mixture of store types, including outlet locations, “Brand House” stores, (the company’s full-price, experiential format) and in-store shops. [The Street]

Staples on Monday announced several key executive moves as part of an organizational “streamlining.” But the retailer did not mention that it also was cutting hundreds of corporate jobs, according to a published report.

The report, by Fortune.com, said that pink slips were handed to both junior and senior employees of the chain.

Walmart and three of the nation’s largest bottled water suppliers are coming to the aid of Flint, Michigan, residents who lack access to safe drinking water after the municipal water supply became tainted with lead.

Walmart, Coca-Cola, Nestlé and PepsiCo are sending 176 truckloads of water to Flint – roughly 6.5 million bottles – which is an amount estimated to meet the daily needs of more than 10,000 children for the rest of the year.

Since their meteoric rise last year, 3D printers have captured the imaginations of consumers and businesses alike. 3D printers work like inkjet printers on steroids — rather than depositing a single layer of ink, 3D printers spin out successive layers until a final product is created based on a computer-aided design (“CAD”) blueprint.

A timely acquisition helped Coach Inc.’s post a sales gain in the second quarter — its first quarterly increase in 10 quarters.

The handbag and accessories retailer’s total sales increased 4.0% in the quarter ended December 26, to $1.27 billion, up from $1.22 billion in the year ago period.