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Corporate Governance

  • U.S. retail giant may run into trouble in this country

    New York -- As Costco Wholesale inches closer to opening its first location in France, the retailer may not find the country such an easy target by any measure, reported the Seattle Times.

    In France, Costco will find itself on the doorstep of hypermarket giants Carrefour, Auchan and Casino, which run huge stores selling a dizzying assortment of food and other products, according to the report.

    For the full story, click here.

  • No sign of any turnaround for the Gap

    The turnaround at Gap Inc. is still struggling to get off the ground, if the retailers' latest round of financial results are any indication.

    Gap reported that net sales for the four-week period ended Aug. 1 were $1.12 billion compared with net sales of $1.17 billion for the four-week period ended Aug. 2, 2014. For the second quarter of fiscal 2015, Gap Inc.’s net sales decreased 2% to $3.90 billion compared with $3.98 billion for the second quarter last year.

  • Miami Beach’s eight-block landmark shopping district expansion announced

    Miami -- Terranova, Lincoln Road shopping district’s largest property owner, released redevelopment plans to activate Lincoln Lane North by developing 723 North Lincoln Lane and 801 Lincoln road buildings. These buildings are part of Miami, Florida’s eight-block retail, dining and entertainment district located blocks from Miami Beaches.   

  • Soupman taps retail vet as CEO

    New York -- The brand that ‘Seinfeld’ made famous has tapped a retail vet as CEO.

    Soupman announces that Jamieson Karson has joined the company as CEO and chairman. Karson is the former CEO and chairman of Steven Madden.

    During his tenure at Steve Madden, Karson is credited with stabilizing the company and expanding the company's footprint into the global retail and wholesale markets. After Steve Madden, he was a partner at Lightship Partners, a retail consulting firm.

  • Chick-fil-A to make Manhattan debut in a big — and green — way

    New York -- Chick-fil-A is set to open its largest location to date in one of the nation’s busiest cities.

    The quick-serve restaurant chain will open its first freestanding location in New York City, at the corner of West 37th Street and 6th Avenue in the Garment District, on Oct. 3. The three-story, 5,000-sq.-ft. restaurant will be Chick-fil-A's largest in the country and will be independently owned and operated by local resident Oscar Fittipaldi.

  • Papa Murphy’s in online upgrade

    Vancouver -- Online ordering is coming to Papa Murphy’s.

    Take-and-bake pizza company Papa Murphy’s Holdings has selected a Deloitte Digital, digital consulting agency within Deloitte Consulting, to enhance its online ordering and precision marketing efforts.

    Under the agreement, Deloitte Digital will redesign Papa Murphy's website, including adding advanced online ordering capabilities to improve the customer experience. Papa Murphy's plans to launch the new platform in the first half of 2016.

  • Lowe's revamps website for business customers

    Lowe's is investing in helping its professional customers save time, money and run their businesses more efficiently.

  • Amazon aims for faster, better in Chicago

    Amazon.com is planning to make its deliveries to Chicago area customers a lot faster and more efficient with the opening of a new distribution center.

    The retailer plans to open a nearly 500,000-square-foot fulfillment center in Joliet, Ill. The site, which will create 1,000 full-time jobs when it opens, is the company’s first in the state.

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