Corporate Governance

New York -- The administration of Gov. Andrew Cuomo approved a wage increase that will gradually raise the minimum wage for fast-food workers in New York to $15 an hour. And now Cuomo wants the hike to be even broader.

Speaking Thursday at a labor rally in New York City, Cuomo proposed a $15 minimum statewide wage for all industries, with the increase to be enacted over time. It would give the Empire State the highest statewide minimum wage in the country. New York’s minimum wage is now $8.75 an hour.

Markdowns and the costs of expansion hurt Lululemon profits in the second quarter, but the athleisure retailer did post an impressive jump in same store sales.

Washington, D.C. – Retail imports appear to be climbing as the holidays approach.

The Home Depot's Team Depot is taking on the home lives of U.S. military veterans and their families through a two-month-long campaign called Celebration of Service.

Cincinnati — Kroger on Thursday announced the appointment of four executive VPs to lead key lines of business.

In the latest move in its battle against Costco, Sam's Club is going to start accepting the very form of payment that Costco rebuffed earlier this year.

Dallas -- Kip Tindell, co-founder, chairman and CEO of The Container Store, has joined a global list of who’s who in retailing.

Tindell was inducted into the World Retail Hall of Fame during a closing day ceremony at the World Retail Congress in Rome, Italy. Now in its ninth year, the World Retail Hall of Fame has honored founders of some of the retail world’s most iconic brands.

Montreal - Dollarama Inc. is reporting a significant increase net earnings and sales for the second quarter of fiscal 2016.

 Gross margin improvements and a reduction in selling, general and administrative (SG&A) expenses as a percentage of sales drove net earnings to $95.5 million, up 39% from $68.9 million.