Corporate Governance

A key Under Armour executive is stepping down.

Under Armour announced that its COO and CFO, Brad Dickerson, is leaving the company to pursue an unnamed opportunity outside of the athletic performance industry.

Shoe Carnival has picked a new executive for a key role in its omnichannel-oriented growth strategy which could involve accelerated expansion of a small format.

The retailer has named Jeff Fink as its senior vice president of real estate. Fink will oversee the Company’s store site selection and lease administration functions.

The Retail Design Institute, the oldest and largest association for design professionals, and Chain Store Age, the leading authority on retail operations and producer of the annual SPECS conference, are partnering on the Institute’s 45th Annual International Store Design Competition.

The majority of retailers are not doing a very good job when it comes to integrating online channels with brick-and-mortar stores.

What’s more, many retailers are not properly balancing their investment spend, sometimes investing more in online while neglecting their physical stores, which puts them in danger of losing market share.

Could American Apparel founder and ousted CEO Dov Charney thwart the chain’s Chapter 11 filing? "Any CEO who has built a company from scratch -- which has become a sizable globally known enterprise that is nearly synonymous with the CEO himself and his personality -- is going to be able to cause some sort of disruption in the bankruptcy court," said Matt Covington, a managing director at Conway MacKenzie, a financial consulting firm that specializes in bankruptcy transactions, in a report by the Los Angeles Times.

McLean, Va. -- Macerich announced that VITA, the new, luxury 30-story residential tower at the mixed-use urban expansion for Tysons Corner in McLean, Virginia, has received the 2015 Award for Excellence from Delta Associates.

Dollar General is rightsizing its expense structure by eliminating several hundred positions at its home office.

Dollar General said that effective immediately it had eliminated 255 positions but noted that 115 of those positions were vacant. The move follows an announcement the previous week by Walmart to eliminate 450 positions at its Bentonville, Ark., headquarters. Dollar General said the move was part of a broader initiative aimed at proactively improving efficiencies and reducing expenses by restructuring its corporate support functions.

Kroger has announced that it had added transgender health benefits to one of the company’s health insurance plans, according to Forbes. "Beginning January 1, 2016, medical procedures including surgery and drug therapy for gender reassignment will be covered up to a $100,000 lifetime maximum for eligible associates and their dependents,” the company wrote on their employee social network. (Forbes)