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Corporate Governance

  • Chipotle to go on massive, one-day hiring spree

    Denver -- Chipotle Mexican Grill Inc. is going on a hiring binge.

    The chain will hold its first-ever “National Career Day,” on Sept. 9, with the goal of hiring 4,000 new employees.

    In terms of employment, Chipotle is considered one of the more desirable fast-food chains, offering higher-than-average wages. In June, the company announced it planned to offer benefits previously available only to salaried workers to all employees, including full tuition reimbursements, sick pay, and paid vacation days.

  • Study: Target exiting pharmacy on a high note with consumers

    Westlake Village, Calif. – Target Corp. may be exiting the pharmacy business, but the retailer is doing so on a high note.

    According to the new 2015 U.S. Pharmacy Study from J.D. Power, Target, which in June announced it would sell its pharmacy business to CVS Health for $1.9 billion and rebrand its nearly 1,700 prescription departments as CVS/pharmacy, ranked highest among mass merchandiser pharmacies.

  • Miami Home Centers joins the True Value family

    The newest addition to the True Value Company cooperative is a 60-year-old hardware chain based in South Florida.

  • Charming Charlie Moving Full Speed Ahead

    Charming Charlie has been on an upward trajectory for the past 10 years, and it shows no signs of stopping anytime soon. With 350 U.S. stores (plus four in Canada), the Houston-based, privately held jewelry and accessories retailer is busy expanding at home and, more recently, abroad. In June, it opened its first-ever location in New York City, a three-level, 16,000-sq.-ft.

  • Sycamore Partners to buy Belk for $3 billion

    Private equity firm Sycamore Partners is adding a department store to its growing portfolio, which includes such brands as Aeropostale, Jones New York and Nine West.

  • Sears Holdings names J&J, HP exec as hardlines president

    Hoffman Estates, Ill. - Lynn Pendergrass has joined Sears Holdings Corp. in the new role of president, hardlines.

    In this position, she will be responsible for working across the Kenmore, Craftsman & DieHard business unit and its hardlines partners, including home appliances, lawn & garden, tools, and Sears Auto Centers, to develop compelling offers and build customer relationships.

    Pendergrass comes to Sears Holdings from Johnson & Johnson, where she served as worldwide chairman, consumer.

  • Construction webcams simplify management of interior build-outs

    Interior build-outs in the retail sector can be some of the most expensive construction projects, with cost per unit area far exceeding that of an exterior build. They are also often more logistically complex. For example, coordination of all the different trades and the delivery of materials, fixtures, and products is key to ensuring quality, containing costs, and avoiding delays.

  • Appriss acquires The Retail Equation

    Louisville, Ky. -- Appriss Inc., a provider of data, risk assessment and analytic solutions for government, health information and consumer industries, has acquired The Retail Equation, Irvine, California, a provider of predictive analytics for retail businesses. The Retail Equation will become the retail division of Appriss and will operate as a separate company within the Appriss corporate structure.

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