Corporate Governance

Meijer has announced that it will invest nearly $50 million to remodel and expand four supercenters in Ohio, bucking a trend set by Walmart and other retailers of focusing on smaller stores<span style="color: rgb(54, 54, 54); font-family

Ace Hardware has always been known for its “helpful hardware folks” motto, but now the company is taking its customer service knowledge global.

Walmart CEO Doug McMillon's statement on social media Wednesday asking the state of Arkansas to reject legislation that critics say could allow discrimination against lesbians and gay men is indicative of the retailer's increased role in many social issues, according to the New York Times.

Springfield, Mo. – Los Angeles-based private equity group Leonard Green & Partners is reportedly in talks to acquire a stake in specialty outdoor retailer Bass Pro Shops. According to the Wall Street Journal, Leonard Green may make an offer that would value the privately-held Bass Pro at between $4 billion and $5 billion, including debt.

Sam’s Club is expanding its prescription savings program to allow Plus and Business Plus members to save even more money through new benefits.

New savings on generic prescriptions, some of which are available free of charge or at a discounted cost of $4 or $10 at specified quantities, are now available in all Sam’s Club locations with pharmacies.

This new benefit is part of Sam’s Club Extra Value Drug List, through which Sam’s Club Plus and Business Plus members also receive 10-30% savings on select brand name medications.

New York -- There’s been a change at the top at Saks Fifth Avenue. On Thursday, Saks parent company Hudson’s Bay Company announced that company veteran Marc Metrick, 41, is replacing Marigay McKee as president of Saks Fifth Avenue, effective April 2, 2015. It’s a return of sorts for Metrick, who is HBC’s executive VP and chief administrative officer. He spent the first 15 years of his career at Saks Fifth Avenue, ultimately becoming its chief strategy officer, before joining the leadership team of HBC in 2012 as chief marketing officer.

Framingham, Mass. - Staples has signed onto “100% Talent: The Boston Women’s Compact,” an effort to end the gender-based wage gap and advance women in the workforce. Staples has pledged to work with Boston Mayor Martin J. Walsh in a public-private partnership to make Boston the best city in the country for working women.

Austin, Texas -- Christopher & Banks Corp. has selected Epicor Retail solutions (from Epicor Software Corp.) to streamline operations and support its omnichannel "customer first" strategy.

The retailer plans to leverage a broad solution set that includes Epicor QuantiSense retail business intelligence and analytics and Epicor ShopVisible order management and digital commerce solutions.