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Corporate Governance

  • Vestis Retail, operator of Bob’s Stores, EMS and Sport Chalet, names CFO

    Meriden, Conn. -- Vestis Retail Group, which operates Bob’s Stores, Eastern Mountain Sports and Sport Chalet, has Susan J. “Sue” Riley to CFO.

    Riley brings 30 years of financial management to her new role at Vestis, where she worked on a consulting basis as interim CFO in recent months.

  • Petland hires ex-Walmart exec as it aims to expand

    Petland has hired a former Walmart executive as vice president of corporate stores as the pet supply retailer looks to expand its national footprint. 

    Although Tony Samples last worked at Walmart in 2006, Petland touted his Walmart experience in a news release. "Tony brings extensive retail experience to Petland at a time when Petland is expanding its retail footprint," said Petland President and CEO Joe Watson. Samples will lead Petland's retail store division and oversee the company's merchandising and marketing efforts.

  • Fewer retailers among Fortune’s ‘Best Companies’ list

    The retail industry continued to backslide on Fortune’s list of the 100 Best Companies to Work For, but the slight may not be as bad as it seems.

    The 2015 version of the list included 10 retailers compared to 12 retailers on the 2014 version and 14 retailers on the 2013 version. Notable inclusions on the 2015 list were Wegman’s (7), Container Store (27), QuikTrip (54),Whole Foods Market (55), Recreational Equipment (58), Build-A-Bear (59), CarMax (64), Publix (81), Zappos (86) and Nordstrom (93).

  • Port dispute, weather slam Conn's deliveries

    The labor dispute at the West Coast ports and harsh winter weather are among the reasons Conn's reported a drop in same store sales for February.

    Conn's said same store sales dropped 5.8% in February, compared to a 14.9% increase in the prior-year period.

  • Bealls to launch Bunulu concept in 2015

    Bealls Inc., the 100-year-old Florida-based department store retailer, is developing a specialty store concept, called Bunulu, which will debut by the end of 2015.

  • Harris-Teeter helps Kroger beat Street in Q4 as company racks up another impressive year

    Cincinnati – Benefits from its acquisition of the Harris-Teeter grocery chain, which The Kroger Co. acquired in January 2014, helped boost results at Kroger during fourth quarter 2014. It was the supermarket giant’s 45th consecutive quarter of same-store sales growth.

    Kroger’s net income rose 23% to $518 million, beating Wall Street expectations with a 22% increase from $422 million last year.

  • SpartanNash names ex-Walgreens exec as president

    Grocery distributor and retailer SpartanNash is looking to a former Walgreens executive to help drive growth.

    Derek Jones, currently SpartanNash’s EVP, food distribution, has been promoted to president, wholesale and distribution operations. He will oversee the entire supply chain, including military supply chain operations.

  • Sam’s invests in future customers

    Small business customers are the lifeblood of Sam’s Club and to ensure the continued vitality of the crucial shopper segment the retailer is supporting an entrepreneurial youth organization.

    Sam’s donated $250,000 to the U.S. Chamber of Commerce Foundation (USCCF) and the Young Entrepreneurs Academy (YEA!) to grow and support YEA!’s national educational program that works to transform middle and high school students into confident entrepreneurs.

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