Corporate Governance

Food Lion partnered with its customers and Feeding America to help provide 1.5 million meals to families in need.  

Thanks to a program that began on September 17, each time a customer purchased the specially-marked apples Food Lion helped provide five meals to local food banks.

Procter & Gamble has introduced a new ad campaign for its Olay brand featuring Katie Holmes in which the actress encourages woman to be their best beautiful.

Created in partnership with Saatchi & Saatchi New York, Holmes encourages women around the world to be their best beautiful – in their lives and their skincare while featuring Regenerist and other Olay products.

Tea drinkers longing for a stronger wake-up brew and coffee drinkers wanting to add variety to their repertoire of caffeinated beverages now have options.

A much anticipated acceleration of small format Walmart stores failed to materialize on Wednesday when the retailer announced plans to curtail domestic new store growth in 2016.

New York -- Ann Inc., parent of Ann Taylor and Loft, said Tuesday it has entered into a non-disclosure agreement with Golden Gate Capital to provide certain non-public information with the private equity firm.    Golden Gate disclosed in a filing in March it bought a 9.5% stake in the women's clothing retailer. Ann said it has been engaged in a "collaborative, constructive" dialogue with Golden Gate since March. 

Foothill Ranch, Calif. -- The Wet Seal announced a workforce reduction resulting in the elimination of a combination of 78 filled and open positions, including  66 positions at the company’s corporate office, or a 24% reduction in headcount, and 12 positions at the field management level, representing a 20% decrease. The cuts are the first steps in the retailer’s initiative to reduce its overall cost structure.   

San Francisco -- Gap Inc. plans to hire more than 63,000 seasonal associates—more than Walmart—at its stores, call centers and distribution centers nationwide for the 2014 holiday season. (Walmart previously announced it was hiring 60,000 seasonal associates.)  

Huntington Beach, Calif. -- Quiksilver announced that Bob McKnight will retire as a senior executive of the company on Oct. 31, 2014. He will remain a director. The teen retailer also said CEO Andy Mooney has been elected chairman and Pierre Agnes has been promoted to president of Quiksilver, effective Nov. 1, 2014.  

Cincinnati -- The Kroger Co. named Alex Tosolini to serve in the newly-created role of senior vice president of new business development, effective Nov. 3.  

Sophisticated—and highly detailed—master plans are an increasingly important piece of the planning process.   By Roy Higgs   With mixed-use development (and redevelopment) a continued trend, complex multi-stage projects are an increasingly common feature on the civic landscape of towns and cities across the country. Consequently, many planning authorities are asking for (and, in some cases, demanding) much more than just basic sketch plans before signing off on a project.