Corporate Governance

A TargetExpress, which comprises only about 16,000 square feet, will open in the St. Paul metro area this month.

San Jose, Calif. – PayPal Holdings Inc. is still not officially an independent company, but is getting some serious respect from the investment world.

Once PayPal splits from parent company eBay and starts trading on the Nasdaq Stock Market under “PYPL” (expected July 17), it will be listed on several prominent stock indices.

Guess, operator of more than 800 stores worldwide, has appointed a fast fashion veteran as executive chairman. 

New York -- A former chief information officer at Walmart is joining retail technology firm Newgistics.

Gene Wojciechowski has been named CIO of Newgistics, where he will be tasked with providing executive leadership and strategic direction for all of Newgistics’ core technology operations.

Istanbul, Turkey – Mudo, a Turkish retailer for clothing, accessories, furniture and home decorations, operates more than 120 stores across the country and has a strong online presence. To obtain better insight into enterprise-wide transactional data, Mudo uses the SAP Business Warehouse (SAP BW) application, based on the SAP HANA business intelligence platform.

A former chief information officer at Walmart is joining retail technology firm Newgistics.

The company has hired Gene Wojciechowski as its chief information officer (CIO). Wojciechowski brings nearly 30 years of experience leading IT organizations at companies including Walmart.com, UPS Freight Services and Staples to his new role, where he’ll be tasked with providing executive leadership and strategic direction for all of Newgistics’ core technology operations.

Washington, D.C. -- The National Retail Federation on Wednesday asked the Labor Department to give businesses more time to respond to the administration’s proposal to expand overtime saying the plan’s “drastic changes” will require “extensive analysis” and require companies to speculate on “hypothetical proposals.”

The Department of Labor’s long-awaited proposed revisions to the “white collar” overtime exemptions are finally here – at least, in part.  On June 30, 2015, the DOL unveiled its proposed revisions to the required salary levels for many of the “white collar” exemptions to the FLSA’s overtime requirements.(The FLSA establishes minimum wage, overtime pay, recordkeeping, and youth employment standards affecting employees in the private sector and in Federal, State, and local governments.)