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Corporate Governance

  • McDonald’s to raise pay; offer paid leave, educational help

    Oak Brook, Ill. - McDonald’s USA has decided to give employees a break, in the form of higher pay, paid time off and educational assistance. McDonald’s is raising starting wages at company-owned restaurants in the U.S. one dollar more than the locally-mandated minimum wage, as of July 1.

  • In-stock insights on tap from top Walmart exec

    Walmart Vice President of Supply Chain Services Debbie Hodges is the featured speaker at the April gathering of Doing Business in Bentonville.

    The organization recently confirmed that Hodges would be the featured speaker at an event to be held Thursday April 16 at 7 a.m. at the Four Points by Sheraton in Bentonville.

    Among the topics Hodges plans to address are the role and structure of the Supply Chain Services team, key initiatives currently underway and the impact on suppliers.

  • It’s official: Standard General affiliate buys 1,743 RadioShack stores

    Fort Worth, Texas - General Wireless Inc., an affiliate of Standard General LP, has officially received U.S. Bankruptcy Court approval to acquire the inventory and assume leases of 1,743 RadioShack stores following a bankruptcy auction. The company operates a long-term partnership with Sprint, and Sprint will provide services, products and accessories at some stores.

    The stores will feature emerging technologies, as well as the traditional accessories and DIY for which RadioShack is known. Approximately 1,440 stores will be co-branded with Sprint.

  • Forever 21 continues expansion plan

    Fast casual chain Forever 21 has added men’s, girls and plus collections to 50 more stores as part of its global expansion plan.

    Forever 21+, Forever 21 Men and Forever 21 Girls will now be added to 50 existing U.S. stores in markets such as Chicago, Los Angeles, Miami, Nashville, New Orleans, Orlando, Philadelphia, Pittsburgh, Seattle, Stamford, Conn., and more.

  • Simon withdraws offer for Macerich

    Indianapolis - Simon Property Group Inc. has withdrawn a roughly $22 billion offer to purchase California-based mall operator Macerich Co. In a brief statement, Simon said it decided to withdraw the offer, worth $95.50 per share, in light of the decision by the Macerich board of directors not to engage in discussions.

  • Meijer to invest $50M in supercenters

    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

  • Papa Murphy’s serves up mobile promotions

    Vancouver, Wash. – Papa Murphy’s Holdings Inc. is running enhanced mobile marketing campaigns using the Waterfall cloud mobile messaging platform. Papa Murphy's in-store promotions, supplemented with text alerts and calls to action that offer coupons and other incentives, are driving more in-store sales and Web traffic.

    Optimizing mobile campaigns at both national and franchise levels is an integral part of the company's technology strategy to meet customer needs

  • Ace Hardware center to teach customer service

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

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