Corporate Governance

Conn’s has begun exploring a range of strategic alternatives, including a potential sale, while maintaining the company’s long term strategy is viable.

Newegg has opened a high-tech warehouse and shipping today in Indianapolis. The leading technology e-retailer estimates that the new warehouse will allow 45 million people in the Midwestern U.S. to get their orders faster.

In addition to Indiana, customers in Illinois, Iowa, Kentucky, Michigan, Minnesota, North Dakota, South Dakota, Ohio, Wisconsin and West Virginia will see the greatest benefit, with noticeably shorter delivery times.

Party City has promoted Gregg A. Melnick to president of Party City Holdings, effective immediately. Party City Holdings is the parent company of the Party City Retail Group and Amscan Inc., among other entities. Most recently, Melnick was president of the Party City Retail Group.  

To bring transparency and simplicity to the changing health insurance market, Walmart is working with DirectHealth.com to launch Healthcare Begins Here, an in-store program designed to educate customers on health insurance options.

DirectHealth.com, an online health insurance comparison site, which is an independent licensed health insurance agency, will provide a resource that brings Walmart customers access to health insurance information and enrollment support.

Ten Target stores in the San Francisco area are experimenting with a new mobile shopping app called Curbside, which promises to deliver the next generation of commerce.

Curbside launched its mobile app this week to make finding, buying and getting the things shoppers need from their favorite local stores faster and easier than ever before, according to the company. Target is among the retailers whose stores are participating in the Curbside app.

Longtime CPG industry executive and former GMDC president Rick Tilton has been laid to rest after passing away at his Arizona home on September 20.

Walgreens is conducting a developer contest to encourage integration of its Balance Rewards application program interface (API), which allows users of other apps to earn Balance Rewards loyalty program points for making healthy choices. Rewards points can be redeemed for merchandise in-store or online.
 

Coach is using the MicroStrategy Analytics Platform and MicroStrategy Mobile to build an interactive mobile app that provides its retail teams with the ability to examine sales trends for any given geography, including at the individual store level, with a swipe or tap on their iPad devices.

Pasadena, Calif. - German software provider Nemetschek AG is acquiring Bluebeam Software Inc., a developer of PDF-based collaboration solutions for the architecture, engineering and construction (AEC) industry, for $100 million. Both firms focus on enabling project teams to build better by digitizing project information.

New York – Aeropostale Inc. plans to launch the Aeropostale and P.S. from Aeropostale brands in Chile through a licensing agreement with Sociedad Comercial Grupo Yes S.p.A. ("Grupo Yes").

Aeropostale's expansion plans in Chile include the opening of standalone stores, department stores and multi-brand stores in select locations across Chile beginning in spring 2015. The Company's first Aeropostale store is scheduled to open in Parque Arauco in Santiago in October. P.S. from Aeropostale stores are expected to open beginning in early 2015.