Corporate Governance

New York -- Starbucks Corp. founder and CEO — and currently Time Magazine cover boy — Howard Schultz has lots of opinions about politics and the national agenda, but he is not interested in running for president in 2016.

“I don’t think that’s a solution. I don’t think it ends well,” Schultz told Time in a wide-ranging interview its Feb. 16 edition.   

Austin, Texas – The husband or boyfriend who forgets to buy Valentines flowers until late in the day Feb. 14 now has a safeguard. Whole Foods Market and the Instacart grocery delivery app are offering Valentine’s flowers delivered in as little as one hour across 15 major U.S. metros.

San Jose, Calif. – Consumers appear to have been feeling a seasonal hangover after what some analysts have called a relatively strong 2014 holiday season. According to the monthly Retail Performance Pulse for January 2015 from RetailNext, store sales and traffic both declined 7.7%

Atlanta -- Rent-to-own retailer Aaron’s saw its profit drop 35% in 2014 amid declining traffic and weak sales. The company, which operates some 2,100 stores, was also impacted by hurt by various charges related to restructuring and the acquisition of Progressive Leasing.

Aaron’s reported net earnings of $78.2 million for 2014, compared to $120.7 million in 2013.

San Diego – Early results of 2015 suggest it will be a happy New Year indeed for PriceSmart Inc. For the month of January 2015, net sales increased 13.3% to $219.2 million from $193.5 million in January a year earlier.

The retailer’s growth to 36 warehouse stores from 32 a year earlier helped boost sales. In addition, same-store warehouse sales grew 1.7%.
 

Memphis, Tenn. -- Fred's Super Dollar reported $138.8 million in sales, up 3%, for the four-week fiscal month of January ended Jan. 31, 2015. Comparable store sales for the month increased 4.3% versus a decrease of 1.8% for the same period last year.

Cincinnati – Post-holiday returns serve as a way to ensure the stress of the holiday season lasts into the New Year. According to a survey of about 1,200 adults by loyalty program provider LoyaltyOne, one out of every two U.S. shoppers (51%) say that returning gifts adds to their post-holiday stress.

San Francisco -- Delivery Agent, whose technology allows television viewers to engage with and buy directly from advertisements and television shows via web, mobile, and advanced television applications, has tapped board member James Peters as president and COO. Peters previously held key leadership roles at Office Depot, Staples and Ross Stores.

Framingham, Mass. - Staples Inc. is launching a new brand campaign featuring the “Staples Guy,” who showcases how the company helps small business customers succeed. The new campaign, which features radio, digital and social media, builds on the tagline “Make More Happen” to highlight the value, convenience and services that help Staples customers achieve success in surprising and affordable ways. The national campaign begins Sunday, Feb. 8.

Fort Lauderdale, Fla. -- The Galleria at Fort Lauderdale, a premier regional mall in Broward County, Florida, has added France-based YellowKorner, a limited edition photo gallery, to its mix of more than 100 specialty retailers. YellowKorner is located across from Dillard’s upper mall entrance and next to Natuzzi in the nearly one million-sq.-ft. mall.