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Corporate Governance

  • Macy’s to help clothe the needy

    Macy’s is committed to giving back this winter through its “Buy 1 & We’ll Give 1” effort. Through October 26, Macy’s will donate one coat, up to 50,000 coats, to Clothe4Souls for every coat purchased in the men’s, women’s, juniors’ and children’s departments in Macy’s stores and on macys.com.

    The joy of giving will also be a joy of saving, as Macy’s will offer 30-50% discount on a large selection of men’s, women’s and children’s coats during the campaign.

  • L’Oreal USA acquires omnichannel beauty retailer Carol’s Daughter

    New York -- L'Oreal USA will acquire New York-based omnichannel beauty retailer Carol's Daughter, which sells its products through specialty beauty stores, mass retailers, HSN, e-commerce and two Carol's Daughter-branded stores in New York City.
  • NRF and others urge quick resolution to labor negotions on West Coast ports

    New York --A group of 104 national, state and local organizations--representing farmers, manufacturers, retailers, transportation providers and others--signed a letter urging the International Longshore and Warehouse Union (ILWU) and Pacific Maritime Association (PMA) “to quickly conclude a new labor agreement...to allay growing concerns of thousands of businesses who rely on West Coast ports for orderly and timely supply chain operations.”
  • Analysis: Gap Raises the Bar on Digital Revolution with New CEO Appointment

    By Les Berglass    The appointments of new chief executives of major brands always cause a stir, but Gap Inc.’s recent announcement that Art Peck would succeed Glenn Murphy hit Wall Street like a truck. Why? Because the investment community  wanted a more predictable, standing CEO—it likes stability. But the truth is, this is a positive and revolutionary change.   
  • Family Dollar sets Oct. 30 date for Dollar Tree vote

    Matthews, N.C. -- Family Dollar Stores Inc. has set Oct. 30., 2014 as the date for stockholders to vote on a proposed merger agreement with Dollar Tree Inc. Family Dollar has not yet set the time or location of the vote.  
  • Survey: Data breaches scare away customers

    Austin, Texas -- Almost half of Americans are likely to avoid shopping at stores that were affected by data breaches in the past year. According to a new CreditCards.com report, 45% of major credit and debit card holders say they would “definitely” or “probably not” shop at a retailer where consumers’ personal information (including credit and debit card data) was exposed.   
  • RadioShack offers mobile repair service in 26 Chicago stores

    Fort Worth, Texas -- RadioShack's Fix It Here same-day mobile repair service is now available in 26 stores in the Chicago area. Services include repairs for cracked screens, broken buttons and damaged charging ports.  
  • Andreessen quits EBay board

    San Jose, Calif. –- Venture capitalist Marc Andreesen is resigning from the EBay Inc. board of directors. Following the board’s recent decision to separate eBay and PayPal into independent, publicly traded companies in the second half of 2015, Andreessen, who joined the board in 2008, said that now is the right time to step down.  
  • Mattress Firm completes Sleep Train acquisition

    Houston –- Mattress Firm Holding Corp. has completed its $245 million acquisition of West Coast bedding specialty retailer The Sleep Train Inc. Sleep Train operates approximately 310 specialty mattress retail stores located in California, Oregon, Washington, Idaho, Nevada and Hawaii, and reported net sales of approximately $471 million for the 2013 fiscal year.  
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