Corporate Governance

Lowe's outlined its progress in meeting its sustainability objectives in its 2014 Social Responsibility Report.

Bentonville, Ark. – Walton Enterprises LLC, the corporation which holds Wal-Mart stock for the Walton family, plans to sell off some of its ownership stake in the discount giant. In a brief statement on the Wal-Mart investors webpage, Walton Enterprises said its stake in Wal-Mart has risen to about 50% as a result of stock buyback programs.

Minneapolis -- Target Corp. has named grocery and consumer packaged goods veteran Anne Dament to the role of senior VP, merchandising. In the role, she will be responsible for leading the strategic repositioning of Target’s food business.

The retailer had previously announced its intent to reposition its approach to food over the next 12 to 18 months, with an emphasis on making better-for-you options simple and attainable, providing meal solutions and offering unique selections for everyday occasions as well as entertaining.

Sears Holdings will eventually need to sell more stuff to shoppers to remain viable as a retailer, but in the meantime the company has shown itself to be more adept at generating cash through complex real estate deals that unlock the value of an increasingly less productive store base.

Despite not having any stores in or near St. Louis, Academy Sports + Outdoors has inked a multi-year brand building deal with the Cardinals that is sure to have fans of the popular hometown baseball team scratching their heads.

Saks Off 5th is joining the likes of Nordstrom Rack, Marshalls and Old Navy as the newest tenant at a Southern California shopping center that serves by value conscious residents of a community synonymous with celebrity and glamour.

American Eagle is leveraging the star power of Brad Pitt to launch an innovative denim recycling program that will put needy people in affordable homes.

Customers can bring their old denim into any of American Eagle Outfitters’ 823 stores throughout the U.S. and Canada and receive a 20% discount on a new pair of jeans. Any collected unwearable denim will be shredded and recycled into UltraTouch Denim Insulation and other building materials for use in Make It Right’s affordable homes around the country.

The parent company of Safeway and Albertson's has promoted its executive chairman and created a four-person Office of the CEO.