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Corporate Governance

  • American Apparel CEO Talks Turnaround with CSA

    New York -- Let’s be clear about one thing: Paula Schneider is not changing the DNA of American Apparel. The apparel industry veteran, who took the reins of the troubled retail company in January 2015, is quite proud of the brand’s progressive spirit.

    “We are a very inclusive brand,” Schneider told Chain Store Age. “One that gives everyone the opportunity to express themselves. You can see it in our clothes and in the causes we support.”

  • Lowe's makes a change in finance team

    Lowe's says it is making an investment in its long-term financial strategy with its latest move on its finance team.

  • Acquisition creates discount giant

    Chesapeake, Va. -- It’s a done deal.

    Dollar Tree announced Monday that it has completed its $8.5 billion acquisition of Family Dollar Stores.

    Gary Philbin, 58, formerly president and COO of Dollar Tree, has been named to the same position at Family Dollar, effective immediately. In his new role, Philbin will continue to report to Bob Sasser, CEO of Dollar Tree.

  • American Apparel may need more money to keep going

    American Apparel Inc. is launching a restructuring plan aimed at cutting costs as the retailer looks to turn around its struggling business.

    The retailer said it would be closing stores, cutting jobs and unveil a new fall line.

  • Thirty-one stores and growing

    Chicago -- Marbles: The Brain Store is in an expansion mode.

    The retailer has opened a new store in Washington D.C., at National Harbor, the waterfront shopping and entertainment district on the Potomac River. It is Marbles’ second location in the Washington, D.C., area and its third to open this summer, with new stores debuting in Times Square in New York City and Myrtle Beach, South Carolina, marking its first location in the southern region.

  • Lids will keep playing ball with MLBPA

    Indianapolis - Lids Sports Group will continue living out the childhood dreams of countless consumers by “playing ball” with Major League Baseball players. Lids has reached a licensing agreement extension with the Major League Baseball Players Association (MLBPA) granting the sportswear retailer licensing rights to embroider the names, numbers and autographs of MLBPA players on New Era MLB-licensed caps.

  • Walmart Canada launches grocery pickup option

    Mississauga, Canada – Walmart Canada is looking to extend its omnichannel grocery experience.

    Starting on July 7, customers will be able to place online grocery orders for select product, including fresh food, for pickup in six stores in the Ottawa area. An additional five stores will offer the service starting on July 21. The pickup fee is $3 and customers will be able to order up to 21 days in advance.

  • Brainy chain opens store in D.C.

    Marbles: The Brain Store has chosen one of the country's smartest cities for its next brick-and-mortar location.

    The company plans to open a new store in the Washington, D.C., area at National Harbor, the waterfront shopping and entertainment district on the Potomac River.

    The new location is the third Marbles store to open this summer. Marbles also launched in Times Square in New York City and Myrtle Beach, S.C., marking its first location in the southern region.

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