Corporate Governance

Retailers are generally optimistic about 2016, with such factors as low gas pricing and the housing market uptick working in the industry’s favor.

That’s according to a survey of store managers by real estate services firm Levin Management, which has 95 properties in New Jersey, New York, Pennsylvania, Massachusetts, Virginia and North Carolina. Several industry sources have also expressed a positive outlook, including Kiplinger, which anticipates retail will grow approximately 4% this year, and Trading Economics which expects 3.6% growth.

A specialty retailer whose tagline is “Where America is made,” is betting on brick and mortar to tell its brand story and provide more jobs.

Shinola, the Detroit-based retailer and manufacturer of pricey watches, leather goods and bicycles plans to open 10 stores this year, and 12 to 15 stores annually over the next coming years.

RadioShack has lost its CEO after he served only nine months on the job.

Ron Garriques has stepped down as chief executive of the consumer electronics chain in order “to pursue other interest in a role that will put him back closer to his family,”   the retailer said in a statement to the Fort Worth Star-Telegram. The company's CFO, Gordon Briscoe,  will serve as interim CEO until a replacement is found.

After relinquishing the CEO role last year, Dollar General chairman Rick Dreiling will complete a previously announced leadership transition on Jan.

It may seem an unlikely location, but the future of retail may soon be invented in abandoned gift shop on the ground floor of a parking garage at the University of Arkansas thank

Swire Properties Inc, one of South Florida's leading international developers of urban real estate, along with retail co-developers Whitman Family Development and Simon Property Group, announced new tenants set to join Brickell City Centre's, a 500,000-sq.-ft- open-air shopping center under construction in the heart of Miami’s Brickell neighborhood.

On the heels of announcing it would close more than 150 stores in the United States, Walmart says it will open 15 supercenters this month in Canada.

These grand openings bring Walmart Canada's total store count to 400 stores, including 312 supercenters and 88 discount stores. The company says its 15 supercenter projects represent an investment of more than $100 million and have generated approximately 700 new store jobs and 1,450 construction and trade jobs in that nation.

Guitar Center's annual drumming competition has crowned another winner, drawing celebrity musicians and music lovers from all over the United States for the big event.