Corporate Governance

Embattled retailer American Apparel Inc. is restructuring its board amid rumors that the company is evaluating an offer to sell itself at a hefty premium.

The company, which recently ousted its chief executive and founder Dov Charney, announced that Allan Mayer and David Danziger have stepped down as co-chairmen of the board and will be replaced by board member Colleen B. Brown as chairperson. Mayer and Danziger will continue to serve as members of the board and will retain their positions as chairs of the compensation and audit committees, respectively.

Belk Inc. has renewed its agreement with eBay Enterprise to manage multi-site customer support.

Belk first partnered with eBay Enterprise in 2008 with the launch of Belk.com. Since then, Belk has increased its online business significantly and eBay Enterprise has continued to support that growth by providing customer sales and service solutions through various contact channels.

Little known food retailer Haggen Northwest Fresh will grow its store base more than 800% following a Federal Trade Commission mandate that Albertson’s and Safeway divest 168 stores.

Few people have heard of Haggen outside Washington and Oregon, where the company operates 18 stores, but now the food retailer is about to get dramatically bigger and expand its presence to three more western states.

RadioShack’s former marketing chief is joining At Home, the Texas-based home decor chain.

"Jennifer's retail experience coupled with her strong agency background will serve her well in her new role," said Lee Bird, CEO of At Home. "We're thrilled to have added an executive with her prowess to our growing team."

Warren most recently held the position of CMO for RadioShack, where she was responsible for leading the marketing, consumer insights, private brand strategy, public relations and omnichannel teams.

Executives from The Home Depot, Warby Parker and Chico’s will receive top honors from the retail industry next month when the National Retail Federation convenes its annual Big Show in New York.

Albertsons plans to acquire Safeway for $32 a share in a deal valued at roughly $9 billion that will create a supermarket chain with roughly 2,400 locations to rival market leader Kroger.

The deal announced late Thursday ended longrunning speculation regarding the potential acquisition of Safeway.

With 2014 almost over, another holiday shopping season is drawing to a close. The looming question on everyone’s mind, of course, is whether holiday sales managed to live up to the (mostly) positive holiday forecasts from analysts and retail organizations.   

Spokane, Wash. - Over half (57%) of retail respondents have an energy/building management system installed, according to an annual survey by energy and sustainability management  company Ecova.  

Mexico City - Wal-Mart de Mexico said that that Enrique Ostale, Walmex chairman and Latin America CEO for Wal-Mart Stores, will also take over as CEO of the Mexican company, effective January 1.  

New York - A federal judge has ruled that customers suing Target for last year’s data breach may move forward with their claims.   U.S. District Judge Paul Magnuson in St. Paul, Minn., dismissed claims by plaintiffs in certain states but largely denied Target's request to toss out the proposed class action lawsuit. Magnuson rejected Target's argument that the consumers lacked standing to sue because they could not establish any injury.