Corporate Governance

The president of Saks Fifth Avenue has resigned after 15 months at the department store chain’s helm.

Saks parent company Hudson’s Bay Company announced that company veteran Marc Metrick, 41, has replaced Marigay McKee as president of Saks Fifth Avenue.

After trying to get RadioShack back on its feet for nearly two years, CEO Joe Magnacca is stepping down.

Barnes & Noble is trying to attract more educators to its stores by hosting a week of appreciation days in April.

During its Spring Educator Appreciation Days from April 11-19, Barnes & Noble will offer pre-K-12 public, private and homeschool educators and administrators special discounts, events, sweepstakes and giveaways.

Special discount offerings include:

New York -- Cabela’s is looking to grow its Canadian operations with a new store in British Columbia.

Cabela’s could begin construction in Abbotsford, B.C., this year, and could open in fall 2016. The proposed store site is located at 1880 McCallum Road in the newly planned McCallum Junction development off Exit 90 of Trans-Canada Highway 1. McCallum Junction Properties Inc. is the developer.

New York -- A former executive of Dell Inc. has been tapped as the new CEO of RadioShack. Standard General, the hedge fund that bought 1,743 of the chain’s stores in bankruptcy court proceedings, has appointed Ron Garriques as the new head of RadioShack.

Garriques headed Dell's consumer and communications divisions and previously worked at Motorola Inc. He replaces Joseph Magnacco, who resigned Wednesday after two years as CEO.

Sellers of opening price point apparel may find themselves at odds with outdoor lifestyle brand Patagonia, which has embarked on a coast-to-coast tour to encourage people to repair their clothes rather than buy new.

U.K. toy retailer Hamleys has opened Europe’s largest toy store, a 73,000-sq.-ft. location close to the Kremlin in Moscow. Designed by Fitch, the two-level space is heavy on interaction and is divided into nine themed areas that combine retail and entertainment.

Cabela’s is growing its Canadian operations once again with a new store in British Columbia. 

Cabela’s could begin construction in Abbotsford, B.C., this year, and could open in fall 2016. The proposed store site is located at 1880 McCallum Road in the newly planned McCallum Junction development off Exit 90 of Trans-Canada Highway 1. McCallum Junction Properties Inc. is the developer.