Corporate Governance

Procter & Gamble Co. has added the former CEO and chairman of Home Depot Inc. to its board of directors.

Francis Blake, 65, joins the board efefctive immediately.

The move comes just a few days after his retirement as chairman of Home Depot. He stepped down from the CEO position in November.

DDR Corp.'s board of directors has promoted David Oakes to the chief executive officer post.

Oakes, the company's president and chief financial officer, fills a seat left empty by Daniel Hurwitz, who stepped down as CEO in December.

"After a thorough and robust search process, the board is confident that David is the right person to lead DDR into the future," Terry Ahern, the company's chairman, said. "I also want to thank the team for the terrific job that they have done while the board conducted the search process."

Sam’s Club is taking a different approach to Valentine’s Day promotions by offering customers the gift of good health.

According to a national survey, Americans plan to spend around $142 on Valentine’s Day this year for jewelry, candy and a special night out. What if, in addition to these, people could also give the gift of health to their loved ones this year without breaking the bank even more? Sam’s Club is making it possible this Valentine’s Day by offering free heart health screenings.

Family Dollar Stores Inc. has inked a deal with a cloud management firm to improve its operational efficiency and cost competitiveness.

Duluth Trading Company has promoted Stephanie Pugliese to president and chief executive officer.

Pugliese is a former executive with Ann Taylor and Lands’ End.

The previous CEO and principal owner of Duluth Trading, Steve Schlecht, will continue as the company’s executive chairman. Pugliese’s appointment is effective immediately.

Target is continuing to re-define its digital offerings, this time by shutting down its two-year-old movie streaming service.

The Target Ticket service was shut down Tuesday, but customers will still be able to use the service to view already rented movies and TV shows until Target Ticket's closure on March 7.

Scott Kessler has been named chief information officer at Belk less than a year after joining the regional department store operator as its top omnichannel executive.   Kessler, who will report to John R. Belk, president and chief operating officer, has served as Belk’s senior vice president of omnichannel solutions delivery since March of 2014.  

Whole Foods Market's value message is resonating with shoppers as America’s favorite natural grocer delivered same store sales growth of 4.5% and record first quarter profits.

Whole Foods said sales for its first quarter ended Jan. 18 increased 10% to $4.7 billion due to the addition of new selling space and the increased productivity of existing stores reflected in the 4.5% comp increase, which pushed sales per square foot to $990.

New York -- Traditional preprint circulars continue to dominate many retailers’ promotional offerings but digital coupon momentum is accelerating, according to strong 2014 results by Coupons.com.

Total revenue in the company’s fourth quarter ended Dec. 31, 2014 increased 14% to $60 million and full year revenue increased 32% to $221.8 million. Total digital coupon transactions in 2014 increased 23% to 1.6 billion.

Los Angeles -- Fast-casual pizza franchise PizzaReb has entered into a financing agreement with Wintrust Franchise Services to support the restaurant company’s growth.

“We’re eager to build on the growth momentum we’re experiencing with our customers and franchise partners, and the Wintrust fund will greatly support our strategic development goals,” said Rodney Eckerman, co-CEO and founder, PizzaRev.