Corporate Governance

The two biggest specialty pet retailers in the U.S. may merge. According to Reuters, Petco Holdings Inc. is considering a possible acquisition from chief rival PetSmart Inc.

Minnetonka, Minn. — Real estate developer Paster Properties and multi-family property developer and manager Bader Development, have begun construction at 1700 Plymouth Road, a six-story, 155,000-sq.-ft., mixed-use redevelopment project in Minnetonka, Minnesota. Paster Properties president Howard Paster and Bader Development VP of acquisitions and development Robb Bader made the announcement. 

Crocs Inc. has promoted one of its marketing directors to be the company's next CMO.

The company announced that Terence Reilly was promoted to senior vice president and chief marketing officer. In this new role, Reilly will continue to lead the Global Marketing team in Niwot, Colo., providing strategic direction and support to the company's regional and country marketing teams across the globe. Reilly will continue to oversee all aspects of Crocs' marketing, including the company's brand, advertising, consumer and social media campaigns.

Crocs Inc. has promoted one of its marketing directors to be the company's next chief marketing officer,

The company announced that Terence Reilly was promoted to SVP and CMO. In this new role, Reilly will lead the global marketing team in Niwot, Colo., providing strategic direction and support to the company's regional and country marketing teams across the globe.  He will continue to oversee all aspects of Crocs' marketing, including the company's brand, advertising, consumer and social media campaigns.

While the financial industry is supporting the use of chip-and-signature cards to meet the upcoming Oct. 1 EMV mandate, consumers are less convinced.

More associates working more hours to elevate the customer experience is the pledge Walmart COO Judith McKenna is making to holiday shoppers this season.

The day after Kohl’s, Toys “R” Us and UPS announced ambitious holiday hiring plans, Walmart said it would add 60,000 seasonal workers after giving existing workers the opportunity to pick up extra hours.

Edens and Montgomery County Maryland announced the redevelopment of Burtonsville Crossing and the adjacent park-and-ride lot located in Burtonsville, Maryland.

In 2014, Edens was selected by Montgomery County to develop the adjacent surface parking lot while continuing to provide commuter parking at this strategic location.

New York -- Learn how Saks Fifth Avenue used data as the foundation for its energy efficiency initiatives at a Webinar on Thursday, September 24, 2015, at 2 p.m. (EST).  

Gary Levitan, senior manager of energy and utilities for Hudson’s Bay Company, parent of Saks Fifth Avenue, will explain how Saks used data — and how it efficiently identified and leveraged the right data — to make the business case for an efficiency initiative that drove the following benefits: