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Corporate Governance

  • RCS Real Estate raises close to $2,000,000 for bankrupt Anna's Linens at auction

    RCS Real Estate Advisors announced today that it secured almost $2,000,000 at auction for home goods chain Anna's Linens, which filed for Chapter 11 on June 14.

  • Amazon.com targets fake reviewers in lawsuit

    Amazon.com Inc. is suing more than 1,000 people for writing fake product reviews on its website. Defendants are misleading Amazon’s customers and tarnishing Amazon’s brand for their own profit and the profit of a handful of dishonest sellers and manufacturers,” according to a complaint filed Friday in a Seattle court. (USA Today)

  • Tanger Outlets announces grand opening of newest outlets

    Southaven, Miss. -- Tanger Factory Outlet Centers and Poag Shopping Centers will celebrate the Grand Opening of Tanger Outlets Southaven located in Southaven, Mississippi, on Nov. 20.

    The Center will feature over 70 brand name and designer outlet retailers including: Ann Taylor, Gap factory outlet, White House | Black Market, Banana Republic, Columbia Sportswear Company, J.Crew, Loft, Under Armour, Skechers, Pandora, Carter's, Tommy Hilfiger and more.

  • Tommy Hilfiger embraces in-store virtual reality

    Retailers who still think virtual reality is just for hard-core gamers should think again.

    In another example of how physical retailers are employing state-of-the-art technology to remain engaging — and relevant — in a digital age, specialty apparel powerhouse Tommy Hilfiger on Tuesday became the first major retailer to employ virtual reality in its stores. The technology offers shoppers who otherwise might never attend a runway show a chance to view close-up and personal the fall runway show of the Hilfiger Collection.

  • Amazon to New York Times: Get your facts straight

    An Amazon.com executive is publicly disputing an August 2015New York Timesarticle that painted an unflattering picture of the retailer’s corporate culture.

  • Wegmans set to open its 87th store

    Wegmans has confirmed the next location of the family-owned supermarket chain's 87th store.

    The retailer plans to build a store in Lancaster, Pa. The store is expected to be up to 120,000 sq. ft. in size and similar in design to Wegmans’ newest stores.

  • Cherokee diversifies with flip-flops

    Licensed apparel company Cherokee Global Brand is acquiring a new retail chain just a few weeks after announcing its relationship with Target is ending.

  • Sports Authority enters the holiday hiring game

    Sports Authority is joining other top retailers with plans to fortify their employee ranks for the holidays.

    The sporting goods retailer announced it will hire 3,500 temporary employees across the country to meet consumer demand during the 2015 holiday season. All Sports Authority locations will begin hiring in mid-October and continue through December. Sports Authority plans to convert hundreds of seasonal workers into permanent Team Members after the holidays.

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