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Corporate Governance

  • Here comes Conn’s, 100th store in sight

    The growth aspirations of Conn’s were revealed in the span of a few days recently when, with a new CEO at the helm, it entered the Georgia market and increased its presence in Colorado.

  • Settlement: Hollister to remove steps from entrances

    Teen apparel retailer Hollister will remove the steps from its store entrances following a six-year court battle.

    The company, owned by Abercrombie & Fitch Co., has agreed to eliminate the steps that part of the exterior design of many of its stores in order to make the doorways wheelchair accessible, the Associated Press reported. The change is part of a settlement approved by a federal judge.

  • Running Specialty Group to unify all stores under one brand

    The Running Specialty Group is uniting its various store banners under one of its newest brands: JackRabbit.

  • Smart & Final to open 100-plus stores in four years

    Smart & Final celebrated the one year anniversary of its public stock offering by telling investors a growth story about differentiation and new store expansion.

    Smart & Final, a uniquely positioned operator of 266 warehouse style stores, has plans to open 100 new stores in the Western United States during the next four years. CEO Dave Hirz dropped that bombshell while he and other senior members of the company were at the New York Stock Exchange to ring the opening bell to commemorate the one year anniversary of the company’s listing.

  • Ross Stores continues aggressive store growth

    Ross Stores Inc. is continuing an aggressive growth strategy for both its Ross Dress for Less and DD’s Discount banners. The new store openings are part of the retailer’s 2015 expansion program, totaling approximately 90 new locations during the year.

    Ross Dress for Less will open four new stores on Oct. 10. These include two new stores in the Chicago area: a 25,000-sq.-ft. store in Palatine located in the Deer Grove Centre, and a 24,000-sq.-ft. Joliet store is located in Joliet Commons.

  • The Taylor McMinn team of Marcus & Millichap sells $4.2 million

    Dallas, Ga. -- Marcus & Millichap announced the sale of a 17,930-sq. ft. CVS Strip Center in Dallas, Georgia, for $4.2 million. The property is 70% anchored by CVS Health with a 15-year corporate-guaranteed double-net lease.

  • More retailers named for American Dream

    American Dream has added more fire power to its retail lineup.

    The Triple Five Group of Companies, the developer of the long-delayed retail and entertainment mega-center in East Rutherford, New Jersey, on Monday announced the names of 10 new retail tenants who will be setting up shop there. These include: Aritzia, Banana Republic, Gap, Lululemon, Mac, Microsoft, Pink, Uniqlo, Victoria's Secret and Zara.

  • Walmart, Starbucks join global initiative for renewable energy

    Nine large U.S. companies on Wednesday committed themselves to achieving a major sustainability goal — and three of them are retailers.

    Walmart, Starbucks and Nike are among the firms joining RE100, a global initiative led by The Climate Group to engage, support and showcase influential businesses committed to 100% renewable electricity. Other firms joining the campaign include Goldman Sachs, Johnson & Johnson, Procter & Gamble, Salesforce, Steelcase, Voya Financial.

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