Corporate Governance

In announcing its Costco-like membership model, Jet.com (yet to launch as of this writing) has positioned itself as the latest type of online retail marketplace. Considering that online marketplaces really go back to the days of CompuServe, Prodigy and Earthlink (extra points if you know what “dial up” means), I’ve been struck by how much marketplaces have been in the news lately. Think about Alibaba’s jaw-dropping $9.3 billion sales on Singles Day (Nov.

Weis Markets Inc. is losing one of its longest serving executives after the company announced that the chairman of the board is stepping down.

Robert F. Weis will not stand for re-election to its board of directors at the company's annual meeting of shareholders on April 23, the company said.

"We are deeply indebted to Robert for his 69 years of leadership and tireless dedication to our company," said Harold G. Graber, Jr., a director and secretary of the company.

Washington, D.C. -- Import cargo volume at the nation’s major retail container ports is expected to rise 8% this month over the same time last year as West Coast ports continue to recover from a backlog of cargo that built up before a tentative new labor agreement was signed, according to the monthly Global Port Tracker report released Wednesday by the National Retail Federation and Hackett Associates.



Best Buy is strengthening its commitment to educating Canadian kids about technology with the launch of a Geek Squad Academy.

Matthews, N.C. – Profits slid at Family Dollar Stores Inc. during the second quarter of fiscal 2015 compared to last year, but still beat Wall Street predictions. The discounter reported net income of $76.7 million, down 18% from $90.9 million.

Food has always been an important part of the shopping experience at Ikea, and the retailer is doubling down on that strategy by unveiling a new menu.  

Ikea announced it will be adding more nutritious and sustainable food options to its restaurants, bistros near the checkout, Swedish food markets and co-worker restaurants. The new food strategy highlights how important food is to the chain.

Goleta, Calif. – Deckers Brands has appointed Wendy Yang as Teva brand president, effective May 1. In this role, Yang will design and lead Teva's global brand strategy and report directly to Dave Powers, president of Deckers Brands.