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Corporate Governance

  • Unwrapping Holiday Hiring

    For retailers, a diligent and detailed vetting of applicants — including employment verifications, thorough interviews and comprehensive background checks — should be a standard part of any responsible hiring and candidate review process. At the best of times, this process can be a complex and time-consuming endeavor. When retailers are looking to hire temporary or part-time seasonal help, especially for the holidays, the degree of difficulty goes up significantly.

  • Famed outdoors retailer names new CEO

    L.L. Bean has gone outside the company for the first time ever to pick a chief executive. The outdoors retailer named the chief merchandising and marketing officer of a Walmart-owned Chinese e-commerce business as president and CEO, effective Feburary 2016. [ABC News]

  • Outdoors retailer names new CEO

    L.L.Bean has gone outside the company for the first time ever to pick a chief executive, according to the Associated Press.

    The outdoors retailer has selected the chief merchandising and marketing officer of a Chinese e-commerce business as its new CEO.

    Read more by clicking here.

  • Saks Fifth Avenue’s holiday windows to provide lighting extravaganza

    Saks Fifth Avenue’s holiday windows are an annual tradition in Manhattan, and the retailer keeps upping the ante.

    Saks will unveil its windows on Nov. 23, and the display promise to light up the night. The retailer will transform its windows with a “Winter Place” theme, complete with a state-of-the-art light show featuring three-dimensional elements on the front facade of the iconic store, including towering light icicles, crystal palace spires, and snowy magnolia arches.

  • Office Depot boosts customer cheer with holiday app

    Retailers can use apps for more than just driving sales, as demonstrated by Office Depot Inc.’s latest mobile move.

    The Office Depot and OfficeMax parent company is re-releasing its Elf Yourself mobile app. The app, which Office Depot has offered every holiday season since 2012 and launched as an online platform in 2006, is a prime example of how retailers are using apps to build positive consumer sentiment and brand awareness.

  • Lumber Liquidators hopes to build a better future with new CEO

    Lumber Liquidators has selected a banking executive to be its next CEO even as the company continues to struggle from the financial effects of a flooring scandal earlier this year.

    The retailer has appointed board member and First Capital Bancorp veteran John Presley as CEO, replacing founder and acting CEO Thomas Sullivan. Sullivan will remain on the board as founder.

  • Whole Foods' profit, comps tumble; still on track for expansion

    Whole Foods is trying to get its groove back, but after reporting weak fourth quarter results, it is not clear when that will be as the company expressed concern about the competitive climate and the impact on its profit margins.

  • Office Depot gets its Christmas on early with holiday app

    Retailers can use apps for more than just driving sales, as demonstrated by Office Depot Inc.’s latest mobile move.

    The Office Depot and OfficeMax parent company is re-releasing its Elf Yourself mobile app. The app, which Office Depot has offered every holiday season since 2012 and launched as an online platform in 2006, is a prime example of how retailers are using apps to build positive consumer sentiment and brand awareness.

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